According to the economic performance analysis meeting on provincial state-owned enterprises (SOEs) in the first half of 2025, the total assets of key provincial SOEs supervised by the State-owned Assets Supervision and Administration Commission(SASAC) reached 706.3 billion yuan by the end of June, surpassing the 700-billion-yuan milestone. This represents a year-on-year increase of 35.3%, with a debt-to-asset ratio of 39.6% — the lowest nationwide.