--- title: "The profit remittance ratio of state-owned enterprises has been significantly increased, with China Tobacco, PetroChina, and others paying the maximum of 35%" type: "News" locale: "en" url: "https://longbridge.com/en/news/280860376.md" description: "The Ministry of Finance recently disclosed the central government budget for 2026, announcing for the first time the proportion of after-tax profits from central wholly-owned state-owned enterprises (non-financial) to be remitted. The overall remittance ratio has significantly increased, with the profit remittance from central enterprises expected to reach 375.077 billion yuan in 2025, a year-on-year increase of approximately 78.5%. The remittance ratios are divided into four categories: tobacco and resource-based enterprises at 35%, general competitive enterprises at 30%, military and specific enterprises at 20%, and policy-oriented enterprises are exempt from remittance" datetime: "2026-03-28T02:19:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280860376.md) - [en](https://longbridge.com/en/news/280860376.md) - [zh-HK](https://longbridge.com/zh-HK/news/280860376.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280860376.md) | [繁體中文](https://longbridge.com/zh-HK/news/280860376.md) # The profit remittance ratio of state-owned enterprises has been significantly increased, with China Tobacco, PetroChina, and others paying the maximum of 35% Recently, the Ministry of Finance disclosed the central government's budget for 2026, which includes the first disclosure of the proportion of after-tax profits collected from wholly state-owned enterprises (non-financial) in the "Explanation on the Central State-Owned Capital Management Budget for 2026." The relevant data has undergone significant adjustments compared to previous disclosures, with the core being a noticeable increase in the proportion of profits remitted to the treasury. This also means that the profit income remitted by central enterprises in the central state-owned capital management revenue for 2025 will reach 375.077 billion yuan, a year-on-year increase of approximately 78.5%. According to the "Explanation," the collection ratio of after-tax profits from wholly state-owned enterprises (non-financial) is mainly divided into four categories: The first category includes tobacco enterprises and resource-based enterprises such as oil, petrochemicals, electricity, telecommunications, and coal, with a collection ratio of 35%. The second category includes general competitive enterprises such as non-ferrous and ferrous metallurgy mining, transportation, electronics, trade, and construction, with a collection ratio of 30%. The third category includes military enterprises, converted research institutes, China Post Group Co., Ltd., China National Railway Group Co., Ltd., Beidahuang Agricultural Reclamation Group Co., Ltd., central cultural enterprises, and enterprises affiliated with central departments, with a collection ratio of 20%. The fourth category includes policy-oriented enterprises, which are exempt from paying state-owned capital income. (Source: Ministry of Finance) ### Related Stocks - [CTIHK (06055.HK)](https://longbridge.com/en/quote/06055.HK.md) - [PETROCHINA (601857.CN)](https://longbridge.com/en/quote/601857.CN.md) - [Sinopec Corp. (600028.CN)](https://longbridge.com/en/quote/600028.CN.md) - [PETROCHINA (00857.HK)](https://longbridge.com/en/quote/00857.HK.md) - [SINOPEC CORP (00386.HK)](https://longbridge.com/en/quote/00386.HK.md) ## Related News & Research - [PetroChina plugs Singapore plant's shortfall with crude from China storage, trackers say](https://longbridge.com/en/news/281343944.md) - [PetroChina Dismisses Middle East Conflict Concerns](https://longbridge.com/en/news/281013909.md) - [PetroChina Renews Financial Deal With Related Company](https://longbridge.com/en/news/280998322.md) - [Strong Petrochemical receives writ of summons dated 23 March 2026 from Hong Kong High Court](https://longbridge.com/en/news/281396443.md) - [PetroChina says Strait of Hormuz oil and gas supplies account for roughly 10% of its operations](https://longbridge.com/en/news/280984885.md)