A wholly state-owned company is a state-owned limited liability company. Its property investor is the special subject of the country, and the property ownership belongs to the country; While pursuing profits, it undertakes the special mission of implementing national economic policies, implementing national plans, and adjusting social and economic structure and operation; By the national policies and laws of many special treatment and special care of the state, enjoy many preferential; It is adjusted by general enterprise laws and regulations and the special laws and regulations of the state on state-owned enterprises.
Extended data:
Urban construction investment company is a state-owned independent company with the following characteristics.
1. A wholly state-owned company is a company directly and independently invested by the state;
2. A wholly state-owned company is a state-owned assets supervision and administration institution authorized by the government at the same level, and as the sole shareholder, it performs the responsibilities of the investor alone;
A wholly state-owned company is a limited liability company.
For example, Wuhan Urban Construction Investment and Development Group Co., Ltd. (hereinafter referred to as "Urban Investment Group Company") was formerly known as Wuhan Urban Investment and Development Corporation and was established in May 1997. In July 2002, in order to deepen the reform of urban construction investment and financing system and speed up the construction of urban infrastructure, the municipal party committee and municipal government decided to reorganize urban construction assets and set up urban investment group company with a registered capital of 3.9 billion yuan.
Baidu encyclopedia-wholly state-owned
Chongqing City Investment Group official website-Group profile
Wuhan City Investment Official Website-Group Profile