State-owned enterprises State-owned enterprises refer to enterprises that invest in state-owned assets or hold more than 50% shares; Central enterprises are the responsibilities of investors entrusted by the Central People's Government (the State Council) or the state-owned assets supervision and administration institution. According to Aiqi's inquiry, china galaxy Securities is china galaxy Securities Co., Ltd., china galaxy Financial Holdings Co., Ltd. holds 5 1. 16%, while china galaxy Financial Holdings Co., Ltd. is a state-owned enterprise, so china galaxy Securities is a state-owned enterprise.