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Is Yingli Automobile a state-owned enterprise?

No. State-owned automobile enterprises refer to enterprises invested or controlled by China municipal government, with state-owned assets as the main focus of operation and development. Yingli Automobile is a China company focusing on lightweight production of auto parts. The full name of Jiangsu Yingli New Energy Automobile Co., Ltd. is a private enterprise with personal investment, personal operation, personal income and personal risk. Yingli Automobile is not invested or controlled by the China Municipal Government, so Yingli Automobile is not a state-owned enterprise.