Any Chinese company is private only until the Chinese army has a reason for it not to be
the rest of that post is also important:
Dr. Li-Meng YAN
@DrLiMengYAN1
In fact, the most important titles of Angela Chao in 🇨🇳 is the Independent Director of China State Shipbuilding Corporation (CSSC),rather than the board member of Chinese banks.
CSSC is PLA-owned shipbuilder for 🇨🇳 military shipbuilding, including developing and manufacturing nuclear submarines for CCP.
For example, the nuclear submarine 093-417 which had an accident with over 50 deaths in the Yellow Sea last Aug, was made by CSSC’s factory in Huludao. So is North Korea’s first nuclear submarine No. 841 unveiled in 2023.