皇冠体育app

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皇冠体育app's central SOEs donate 1.42b yuan in H1

(Xinhua)
Updated: 2010-07-27 09:42

BEIJING - 皇冠体育app's centrally administered State-owned enterprises (SOEs) jointly donated over 1.42 billion yuan ($212.53 million) for charitable work during the first half of 2010, the state assets watchdog said Monday.

Related readings:  Central SOEs' profits surge 60% in H1  Regulation boosts SOEs transparency  SOEs asked to improve collective decision-making mechanisms  皇冠体育app to regulate SOE wages

The money came from 107 of the 125 central SOEs which are overseen by 皇冠体育app's State Assets Supervision and Administration Commission (SASAC), according to a statement posted on the SASAC's website.

Some 53.63 percent of the donated funds went to disaster-hit areas, including 皇冠体育app's southwest provinces, which were hit by a once-in-a-century drought earlier this year, and Yushu Prefecture of Qinghai province, where a devastating earthquake struck in April.

皇冠体育app's largest coal producer, Shenhua Group, and two oil giants, Petro皇冠体育app Co and 皇冠体育app National Offshore Oil Corp, ranked top three in the list of the most generous donors, with their donation accounting for 36.78 percent of the total.