Entity

Shaanxi SASAC (陕西省国资委 / 陕西国资委) — formally the State-owned Assets Supervision and Administration Commission of the Shaanxi Provincial People's Government (陕西省人民政府国有资产监督管理委员会) — is a provincial-level special institution directly affiliated with the Shaanxi Provincial Government. It is responsible for supervising, managing, and safeguarding the state-owned assets of enterprises owned by Shaanxi Province, and fulfils the role of shareholder on behalf of the provincial government.

Role & Functions

Shaanxi SASAC performs the following core functions on behalf of the Shaanxi Provincial Government:

• Acts as authorized investor and shareholder in provincial SOEs, exercising ownership rights
• Supervises and manages state-owned assets of provincial enterprises, preventing loss of state assets
• Appoints, evaluates, and oversees senior management of supervised enterprises
• Guides and promotes mixed-ownership reform (混合所有制改革) of provincial SOEs
• Oversees enterprise restructuring, mergers, bankruptcy, and capital operations

Key Supervised Enterprises (Shaanxi Provincial SOEs)

Among the most significant enterprises under Shaanxi SASAC supervision relevant to the energy sector:

• Shaanxi Yanchang Petroleum (Group) Co., Ltd. — China's 4th largest oil producer
• Shaanxi Coal and Chemical Industry Group Co., Ltd. (SHCCIG) — major coal and chemical group
• Shaanxi Construction Engineering Group (SCEGC) — major construction conglomerate
• Chang'an Huitong Co., Ltd. — strategic investment vehicle (also parent of ChangAn HuiTong Investment HK)
• Shaanxi Investment Group (陕西投资集团) — provincial infrastructure investment platform