Is Beijing North Vehicle Group Co., Ltd. a central enterprise?
No. Beijing North Vehicle Group Co., Ltd. is a state-owned enterprise controlled by Beijing Municipal Government. Although reforms have been implemented under the guidance of central enterprises, they do not belong to central enterprises. A central enterprise refers to a wholly state-owned or state-controlled enterprise that is directly managed by the central government or entrusted by the Central People's Government (the State Council) or the state-owned assets supervision and administration institution to exercise the investor's responsibilities. The leading group is entrusted by the Central Organization Department, the State-owned Assets Supervision and Administration Commission and other central ministries and commissions.