According to the query of Rugao Municipal Committee News Network, Rugao's four major state-owned enterprises include Gaofu Wan Tai, Chengfa Group, Communications Industry Group, Electric Power Co., Ltd. and other enterprises. Among them, Gaofu Wan Tai is the first-round reorganization of state-owned enterprises, Chengfa Group and Communication Industry Group are the second-round reorganization enterprises, which were just reorganized at the end of 20 19.