What are the large state-owned enterprises in China?

1. China Petrochemical Corporation?

China Petrochemical Corporation (English abbreviation Sinopec Group) was reorganized and established by the state in July 1998 on the basis of the original China Petroleum and Chemical Corporation. A very large petroleum and petrochemical enterprise group is a state-owned company established solely by the state, a state-authorized investment institution and a state-holding company. The company has a registered capital of 231.6 billion yuan, the chairman is the legal representative, and its headquarters is in Beijing.

The company exercises the rights of investors such as asset benefit, major decision-making and selection of managers for the relevant state-owned assets of its wholly-owned enterprises, holding enterprises and joint-stock enterprises, and operates, manages and supervises the state-owned assets in accordance with the law. And correspondingly bear the responsibility of maintaining and increasing value. China Petroleum & Chemical Corporation, controlled by the company, issued H shares and A shares overseas and domestically in October 2000 and August 2001, and were listed in Hong Kong, New York, London and Shanghai respectively.

The company’s main business scope includes: industrial investment and investment management; exploration, mining, storage and transportation (including pipeline transportation), sales and comprehensive utilization of oil and natural gas; coal production, sales, storage and transportation; Petroleum refining; storage, transportation, wholesale and retail of refined oil; production, sales, storage and transportation of petrochemicals, natural gas chemicals, coal chemicals and other chemical products; production, sales, storage and transportation of new energy, geothermal and other energy products ; Exploration, design, consultation, construction, and installation of petroleum and petrochemical projects;

Petroleum and petrochemical equipment inspection and repair; R&D, manufacturing and sales of electromechanical equipment; Production and sales of electricity, steam, water and industrial gases; Technology , e-commerce, information, and research, development, application, and consulting services for alternative energy products; self-operated and agency import and export of related goods and technologies; foreign project contracting, bidding and procurement, labor export; international warehousing and logistics business, etc.

Sinopec ranked second among the Fortune Global 500 companies in 2015. One of the Fortune Global 500 companies in 2016 and 2017.

2. China National Petroleum Corporation?

China National Petroleum Corporation (English abbreviation "CNPC", Chinese abbreviation "CNPC") is an important state-owned backbone The company is a comprehensive international energy company with oil and gas business, engineering technical services, petroleum engineering construction, petroleum equipment manufacturing, financial services, new energy development, etc. as its main businesses. It is one of China's major oil and gas producers and suppliers.

In 2014, PetroChina ranked third in the comprehensive ranking of the world's 50 largest oil companies by the US "Petroleum Intelligence Weekly", and ranked first in the 2015 ranking of the world's top 500 companies by the US "Fortune" magazine 4 bits. On July 7, 2015, PetroChina's current market value reached US$382 billion (as of July 7, 2015), ranking second among the world's top 500 companies, second only to Apple, becoming the second largest company in the world by market value. At the same time, China National Petroleum Corporation is also an A-level enterprise in the 2014 business performance assessment of central enterprise leaders.

With the goal of building a world-class comprehensive international energy company, PetroChina will implement strategic development, adhere to innovation-driven development, focus on quality and efficiency, accelerate the transformation of development methods, and achieve the main indicators to reach the world's advanced level by 2020. , comprehensively improve competitiveness and profitability, and become a leading company in green development and sustainable development. On July 20, 2016, Fortune released the latest Fortune 500 list, with China National Petroleum Corporation ranking third. In August 2016, PetroChina ranked second among the top 500 Chinese companies in 2016.

On June 30, 2017, China National Petroleum Corporation won the Trademark Innovation Award of the China Trademark Gold Award. On July 12, 2017, China National Petroleum Corporation was awarded Grade A in the 2016 annual operating performance assessment by the State-owned Assets Supervision and Administration Commission. Ranked 4th on the Fortune Global 500 list in 2018.

3. State Grid Co., Ltd.?

State Grid Co., Ltd. was established on December 29, 2002. It is a wholly state-owned company established in accordance with the provisions of the "Company Law" and directly managed by the central government. , is a very large key state-owned enterprise related to the lifeline of the national economy and national energy security.

The company's core business is investment, construction and operation of power grids, and it undertakes the basic mission of ensuring safe, economical, clean and sustainable power supply.

The company's operating area covers 26 provinces (autonomous regions and municipalities directly under the Central Government), covering more than 88% of the land area, and the power supply serves a population of more than 1.1 billion people. The company has a registered capital of 829.5 billion yuan and total assets of 3.80883 billion yuan. It operates assets steadily in the Philippines, Brazil, Portugal, Australia, Italy, Greece, Hong Kong, China and other countries and regions.

The company has been rated as an A-level enterprise in the performance appraisal of central enterprises for 13 consecutive years. From 2016 to 2017, it ranked second among the Fortune Global 500 and first among China's top 500 companies. It is the world's largest public utility. enterprise. On June 20, 2018, World Brand Lab released the 2018 "China's 500 Most Valuable Brands" analysis report in Beijing.

State Grid topped the list of the most valuable brands this year with a brand value of 406.569 billion yuan. In the first half of 2018, the number of invention patents granted was 1,242, ranking fourth in the country. Ranked 2nd on the Fortune Global 500 list in 2018.

4. China Mobile Communications Corporation

CMCC's full name is "China Mobile Communications Corporation", which is China Mobile Communications Corporation ("China Mobile" for short). It was established in April 2000 Established on March 20, it is a mobile communication operator based on GSM, TD-SCDMA and TD-LTE standard networks. China Mobile Communications Group Corporation is a state-owned backbone enterprise established on the basis of the overall divestment of the original China Telecom's mobile communications assets in accordance with the country's arrangements and requirements for the reform of the telecommunications system.

Officially listed on May 16, 2000. China Mobile Communications Group Corporation wholly owns China Mobile (Hong Kong) Group Co., Ltd., and China Mobile Co., Ltd. (referred to as the "listed company") controlled by it has established wholly-owned subsidiaries in 31 domestic provinces (autonomous regions and municipalities) and the Hong Kong Special Administrative Region. The company is listed in Hong Kong and New York.

In addition to the original "M-Zone", "China Travel", "Global Communication", "Power 100" and "G3", China Mobile announced the 4G brand designed in cooperation with Zhengbang on December 18, 2013 "And! And" marks the official launch of China Mobile's 4G business. The development slogan is: Mobile 4G, international mainstream, one step ahead of others.

On July 20, 2016, the Fortune Global 500 was released, and China Mobile Communications Group Corporation was ranked among the Fortune Global 500. In August 2016, China Mobile ranked 10th among the top 500 Chinese companies in 2016. In July 2017, China Mobile ranked 6th among the top 500 Chinese companies in 2016. In November 2017, it ranked Tier I in the "2017 Top 100 Innovative Enterprises in Mainland China". Ranked 53rd on the Fortune Global 500 list in 2018.

5. Dongfeng Motor Corporation

Dongfeng Motor Corporation is one of the four major automobile groups in China and one of the top 500 Chinese brands. It is headquartered in the largest city in central China Wuhan, its predecessor was the "Second Automobile Manufacturing Plant" founded in Shiyan, Hubei in 1969.

After more than 40 years of construction, Shiyan (mainly focusing on medium and heavy commercial vehicles, parts, and automotive equipment businesses) and Xiangyang (focusing on light commercial vehicles and passenger cars) have been successively built. Mainly), Wuhan (mainly for passenger cars), Guangzhou (mainly for passenger cars). In addition, it also has branches in Shanghai, Liuzhou, Guangxi, Yancheng, Jiangsu, Nanchong, Sichuan, Zhengzhou, Henan, Urumqi, Xinjiang, Chaoyang, Liaoning, Hangzhou, Zhejiang, Kunming, Yunnan and other places. In August 2016, Dongfeng Motor Company ranked 16th among the top 500 Chinese companies in 2016.

On June 30, 2017, Dongfeng Motor Company won the Trademark Utilization Award of the China Trademark Gold Award. On July 12, 2017, Dongfeng Motor Corporation received Grade A in the 2016 operating performance assessment of the State-owned Assets Supervision and Administration Commission.

On November 4, 2017, the State Administration for Industry and Commerce announced that the name of the original Dongfeng Motor Company was changed to Dongfeng Motor Group Co., Ltd.

On November 30, 2017, the former Dongfeng Motor Company announced that the company had changed its name: Dongfeng Motor Group Co., Ltd. (English name is Dongfeng Motor Corporation) and had completed the industrial and commercial change on November 14 Register. Ranked 65th on the Fortune Global 500 list in 2018.

6. Baosteel Group Co., Ltd.

Baosteel Group Co., Ltd., referred to as Baosteel, is an important state-owned enterprise supervised by the State-owned Assets Supervision and Administration Commission of the State Council. Its headquarters is located in Shanghai. The subsidiary Baoshan Iron and Steel Co., Ltd., referred to as Baosteel Co., Ltd., is a listed company of Baosteel Group on the Shanghai Stock Exchange.

Baosteel Group Corporation ("Baosteel" for short) is China's largest and most modern steel conglomerate.

In August 2016, Baosteel Group Co., Ltd. ranked 57th among the "Top 500 Chinese Enterprises 2016".

On September 22, 2016, the State-owned Assets Supervision and Administration Commission approved the joint reorganization of Baosteel Group and Wuhan Iron and Steel (Group). According to the announcement, Baosteel Group Co., Ltd. changed its name to China Baowu Steel Group Co., Ltd. As the reorganized parent company, Wuhan Iron and Steel (Group) Company was transferred as a whole free of charge and became its wholly-owned subsidiary.

Extended information:

State-controlled enterprises are part of the public ownership. When the state controls them, it controls the lifeblood of the country, including transportation, industry, mining, communications, etc. For example, China Telecom, State Grid, etc. Enterprises whose registered capital belongs to state investment, excluding small and medium-sized enterprises according to the classification standards of large, medium and small enterprises.

The Top 500 Chinese Enterprises is a ranking of Chinese enterprises selected and published by the China Enterprise Confederation and the China Entrepreneurs Association in accordance with international practices. Since 2002, the annual ranking of the top 500 Chinese enterprises has been announced to the public every year.

On September 5, 2009, Sinopec ranked first among the top 500 Chinese companies for the fifth consecutive year with an operating income of 1.46 trillion yuan.

Reference materials:

Baidu Encyclopedia-Top 500 Chinese Enterprises