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Is Huaibei Wan Li Longbo Electric State-owned?

No Huaibei Wan Li Longbo Electric Co., Ltd. is located in Longhu Industrial Park, Huaibei Economic Development Zone, a national high-tech enterprise and a qualified supplier of State Grid Corporation. No. State-owned enterprises refer to wholly state-owned enterprises in which the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively.