China National Salt Industry Corporation
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China National Salt Industry Corporation (Chinese: 中国盐业总公司; pinyin: Zhōngguó yán yè zǒng gōngsī), abbreviated as China Salt (Chinese: 中盐; pinyin: zhōng yán), is a state-owned enterprise of China which controls a monopoly[failed verification] over the management and production of edible salt.[2] The company employs 48,476 workers, and controls assets worth 44.19 billion yuan (US $7 billion) as of 2011.[1]
Quick Facts Company type, Industry ...
Company type | State-owned enterprise |
---|---|
Industry | Edible salts |
Founded | Beijing, China (1950 (1950)) |
Headquarters | Guangwai Street, Fengtai District, Beijing, China |
Key people | Mao Qingguo (Chairman) Du Maohua (Party Secretary) |
Products | Iodized table salt, salt products |
Revenue | CN¥28.41 billion (2011)[1] |
CN¥720 million (2011)[1] | |
Total assets | CN¥44.19 billion (2011)[1] |
Owner | Chinese central government |
Number of employees | 48,476 (2011) |
Website | www.chinasalt.com.cn |
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China Salt's subsidiary, China National Salt Industry Co., Ltd. is a joint-stock company with limited liabilities, which would be the SPV to list most of the assets of the group on stock exchange.[3]