Changyu Group Co., Ltd., Binglun Group Co., Ltd., Nonferrous Metals Group Co., Ltd., Transportation Group Co., Ltd., Dongfang Electronics Group Co., Ltd., Baida Group Co., Ltd., Polaris State-owned Holdings Co., Ltd., Pharmaceutical State-owned Holdings Co., Ltd., International Economic and Technical Cooperation Co., Ltd., Wanhua Group Co., Ltd., Shanghai Port Group Co., Ltd., International Airport Group Co., Ltd., Electric Power Development Co.,
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Classification of state-owned enterprises:
The special legal person enterprise is fully funded by the government, and its legal person status is defined. It is stipulated by national laws and policies, not by company law. Such state-owned enterprises are endowed with mandatory social goals, but have no economic goals. In other words, their function is to provide public services directly.
Such as national defense facilities, urban public transportation, urban greening, water conservancy and so on. , should be included in this kind of enterprise. These companies need financial subsidies from the public to maintain their operations.
The government is a wholly state-owned company and is bound by the company law. Such enterprises focus on social public goals, supplemented by economic goals. Such enterprises are mainly typical natural monopoly enterprises and resource-based enterprises, such as railways, tap water, natural gas, electricity, airports and so on.
From an economic point of view, the pricing of products or services of such enterprises should be based on marginal cost or average cost, in order to maximize social welfare, rather than pursuing to extract more surplus from consumers.
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