Sogou Encyclopedia shows that state-owned shareholders account for a large proportion in the equity structure of Weihai Commercial Bank.

Weihai Finance Bureau and other state-owned institutions are important shareholders of the bank. This ownership structure shows that the state has strong control over banks, which makes banks have the characteristics of state-owned enterprises.

Weihai Commercial Bank, as a state-owned enterprise, is strictly supervised by government departments. Banks need to abide by national laws and regulations and accept audits and inspections by government departments.