Haisin Group is a large state-controlled enterprise in China. As a state-owned enterprise, Hisense Group's major shareholder is the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) of the People's Republic of China (PRC), which is the State-owned Assets Supervision and Administration Commission of the State Council. State-owned enterprises (SOEs) are enterprises that are controlled or wholly owned by the state and bear the economic and security interests of the state.
As a state-owned enterprise, Hisense Group is not only supported by the state economically, but also in terms of technology development and marketing.