It is 国企 but not as the term of "央企"， That's the biggest differences. The following links give u insight ideas. Like i said, Weihai is Tier 3 cities in China, Although its English name called state-owned company, its not 央企 (State-owned enterprises) literally.
https://www.quora.com/What-is-the-difference-between-state-owned-and-government-owned-enterprises
http://www.chinadaily.com.cn/business/2017-06/05/content_29620256.htm
It is 国企 but not as the term of "央企"， That's the biggest...
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