Traditional Culture Encyclopedia - Traditional culture - Is Tianjin William a pure state-owned enterprise or a private enterprise?
Is Tianjin William a pure state-owned enterprise or a private enterprise?
Tianjin William Ethylene Engineering Co., Ltd. is a private enterprise.
Tianjin William Ethylene Engineering Co., Ltd. is the first batch of restructuring units of China Petrochemical Group. In fact, it is a joint-stock company controlled by China Petrochemical Group. Although it has the background of state-owned enterprises, as an independent legal person after the reform, it has the business model and legal person qualification of private enterprises. The purpose of this reorganization is to introduce market mechanism and improve the competitiveness of enterprises. Therefore, Tianjin William Ethylene Engineering Co., Ltd. is closer to private enterprises in nature.
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