Is the engineering consulting company of Pangang Group a state-owned enterprise?
No. State-owned enterprises refer to enterprises in which the state holds more than 50%. According to Aiqi, the full name of Pangang Group Engineering Consulting Company is Pangang Group Engineering Consulting Co., Ltd., and the largest controlling party of the company is Shanghai Qiyuan Technology Co., Ltd., accounting for 45% of the shares. It is privately owned, not state-owned, so the company is not a state-owned enterprise.