Is Shennan Circuit a State-owned Enterprise?

Shennan Circuit Co., Ltd. is a state-owned enterprise.

Shennan Circuit Co., Ltd. was established in 1984, and its headquarters is located in Shenzhen, Guangdong Province, China. Its business scope includes electronic components, network communication technology products, communication equipment, technology research and development, information technology, forensic consulting, real estate leasing services, electroplating and so on. "

Shennan Circuit Co., Ltd. is a state-level high-tech enterprise under the state-owned Shenzhen AVIC Group Co., Ltd. As a major shareholder, state-owned enterprises are state-owned holding enterprises.

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State-owned enterprises have ownership or control over their capital, and the will and interests of the government determine the behavior of state-owned enterprises. State-owned enterprises are the backbone of national economic development and the pillar of Socialism with Chinese characteristics.

As an organizational form of production and operation, state-owned enterprises have both commercial and public welfare characteristics. Their commerciality is reflected in the pursuit of maintaining and increasing the value of state-owned assets, and public welfare is reflected in the fact that state-owned enterprises are usually set up to achieve the goal of national economic regulation and control and play a role in coordinating the development of all aspects of the national economy.

According to the authority of state-owned assets management, state-owned enterprises are divided into central enterprises (state-owned enterprises supervised and managed by the central government) and local enterprises (state-owned enterprises supervised and managed by local governments). Individual central enterprises have a special responsibility in the process of national social and economic development, which belongs to the direct management of the State Council, and these central enterprises belong to the ministerial level.

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