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Is China Textile Academy Green Fiber Co., Ltd. a state-owned enterprise?

China Textile Academy Green Fiber Co., Ltd. is a state-owned enterprise.

China Textile Academy Green Fiber Co., Ltd. is jointly funded by China General Technology Group China Textile Research Institute, Xinxiang Chemical Fiber Co., Ltd. and Gansu Michelle Petrochemical High-tech Equipment Co., Ltd., with Lyocell fiber as the leading factor. Lyocell fiber is called "2 1 century green fiber", which combines the advantages of synthetic fiber and natural fiber.