第三类企业看起来像是完全私有化的，国家不直接参股。
A third group of firms appears to be fully private, in that the government owns no direct stake in them.
天通控股股份有限公司创办于1984年，是拥有多家控股公司和参股公司的国内首家由自然人直接控股的上市公司。
Founded in 1984, TDG holding co., Ltd. has been developed into the first public company held by individuals in China and has possessed several holding companies and share holding companies.
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