Examples of SASAC in a sentence
For many years, Beijing has been paying special attention to the development of central SOEs, which in 2015 included 106 entities (SASAC, 2015).
The implementation of the Voting Rights Entrustment Agreement did not result in the change of the direct controlling shareholder of the Company, while the indirect controlling shareholder was changedfrom Shenzhen SASAC to its wholly-owned subsidiary SIHC.
As at the date of this announcement, the major shareholders (shareholders with more than 5% shareholding) of Orient Asset are (1) the Ministry of Finance of the PRC with 71.55% shareholding; (2) the National Council for Social Security Fund of the PRC with 16.38% shareholding; and (3) China Telecommunications Corporation (ultimately 100% beneficially owned by the SASAC) with 5.64% shareholding.