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Is Happiness Foundation Property Service Co., Ltd. a state-owned enterprise?

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Happiness Foundation Property Service Co., Ltd. is not a state-owned enterprise. It is a wholly-owned subsidiary of Huaxia Happiness Foundation Co., Ltd., established in 1999. With the mission of serving emerging industrial cities and creating customer value, the company is committed to becoming a global leader in serving emerging industrial cities. Happiness Foundation Property Service Co., Ltd. is a private enterprise, not a state-owned enterprise.