Is Hikvision a central or state-owned enterprise?

Hikvision is a state-owned enterprise, not a central enterprise. Its controlling shareholder, Zhejiang Investment (Holding) Co., Ltd., is wholly owned by the Zhejiang Provincial State-owned Assets Administration, accounting for 51.81% of the shares. Other shareholders are the public, accounting for 48.19% of the shares. Hikvision is a joint-stock company listed on the Shanghai Stock Exchange.

Hikvision is a state-owned enterprise, but not a central enterprise

Hikvision is a well-known security company in China and surveillance equipment manufacturers. Its ownership structure is as follows:

1. Controlling shareholder

• Zhejiang Investment (Holding) Co., Ltd. (a wholly-owned subsidiary of Zhejiang State-owned Assets Administration) : 51.81%

2. Other shareholders

• Public: 48.19%

3. Organizational form

Hikvision is a joint-stock company whose shares are listed on the Shanghai Stock Exchange.

Since Zhejiang Investment (Holding) Co., Ltd. is a wholly-owned subsidiary of the Zhejiang Provincial State-owned Assets Administration, Hikvision can be classified as a state-owned enterprise (SOE). However, since its shares are publicly traded and not directly held by the central government, it is not classified as a central enterprise (SOE).

The above is the detailed content of Is Hikvision a central or state-owned enterprise?. For more information, please follow other related articles on the PHP Chinese website!