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Does Shandong Expressway belong to state-owned enterprises or central enterprises?
Shandong Expressway Group is a state-owned large-scale enterprise group, which is managed by Shandong Provincial Party Committee, and SASAC performs the responsibilities of investor. The main business of the Group includes investment, construction, operation and management of transportation infrastructure, comprehensive development of supporting land, logistics and related supporting services, and investment and management of financial assets. Shandong Expressway Group is a state-owned capital investment company in the field of infrastructure in Shandong Province and a fortune 500 enterprise, with a registered capital of 45.9 billion yuan and total assets exceeding 1.4 trillion yuan. The Group fully implements the decision-making arrangements of the central government, the provincial party committee and the provincial government, is committed to promoting high-quality transformation and development, and plays an important role in optimizing industrial layout and structural adjustment, deepening reform and innovation, and building a modern and strong province in the new era.