1. Far East Holding Group Co., Ltd. was founded in 1985, located in the center of the Yangtze River Delta economic circle and Yixing, the Millennium Peach Capital. It is the wire and cable manufacturer with the highest comprehensive strength in China and a wholly-owned subsidiary of Far East Intelligent Energy Co., Ltd. Far East Cable won the first "National Quality Award" in the industry. It is a national industry quality and integrity enterprise, with a brand value of 8 1 010.8 billion yuan in 2020.
2. Central enterprises are a small part of state-owned enterprises. The importance of the two is different. State-owned enterprises are mainly state and local governments to perform the responsibilities of investors, while central enterprises are engaged in important industries and fields. State-owned enterprises include central enterprises and local state-owned enterprises. The full name of a central enterprise is "centrally managed enterprise". The simplest way to judge the corresponding administrative level of a unit is to look at the appointment power of leaders. The top leaders appointed by the Central Organization Department, the State Council SASAC or other ministries and commissions are central enterprises; Local Party committees and SASAC appoint local state-owned enterprises.
3. Central enterprises and state-owned enterprises are inclusive. The full name of "central enterprises" is central enterprises, and the full name of "state-owned enterprises" is state-owned enterprises. As can be seen from the name, central enterprises are a special part of state-owned enterprises. State-owned enterprises, referred to as state-owned enterprises for short, refer to enterprises managed and controlled by the central government or state administrative units. In China, state-owned enterprises also include enterprises invested and controlled by local people's governments. The will and interests of the government determine the behavior of state-owned enterprises.
4. As a form of production and operation organization, state-owned enterprises have the characteristics of profit-making legal persons and public welfare legal persons. Its profitability is reflected in the pursuit of maintaining and increasing the value of state-owned assets. Its public welfare is reflected in the fact that the establishment of state-owned enterprises is usually to achieve the goal of national economic regulation and play a coordinating role in all aspects of national economic development.