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Is Jiangsu Guotai Group a state-owned enterprise?

Jiangsu Guotai Group is a state-owned enterprise.

Jiangsu Guotai Group, the full name of which is Jiangsu Guotai International Group Co., Ltd., can also be referred to as Guotai Group for short, and its major shareholder is Jiangsu Guotai International Trade Co., Ltd. The actual controller of Jiangsu Guotai International Trade Co., Ltd. is Zhangjiagang State-owned Assets Management Center, which ultimately benefits 111.1% of the shares.

Since its establishment, Cathay Pacific Group has always believed in the power of smart innovation, and its main businesses include supply chain services and chemical new energy business. Among them, in terms of supply chain services, the Group can provide customers with all-round one-stop services such as logistics, warehousing and transportation to help customers reduce inventory costs and improve operational efficiency. In the new energy business of chemical industry, the Group is also committed to developing and producing high-performance and environmentally-friendly chemical products to provide customers with sustainable development solutions.

In the past few years, Guotai Group has achieved remarkable performance, and has invested in more than 121 production entities, which are distributed in key domestic provinces and countries or regions such as Myanmar, Vietnam, Cambodia, Bangladesh, Egypt and Ethiopia. At the same time, the Group pays more attention to the construction of production bases, implements meticulous management of each production base, and guides all production entities to keep pace with the times, transform and upgrade.

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