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Is Chongqing Dongfeng Lear a state-owned enterprise?
The company is not a state-owned enterprise.
Dongfeng Lear Automobile Seat Co., Ltd. is a Sino-US joint venture funded by Dongshi Automobile Technology Group Co., Ltd. and lear corporation of the United States at a 50: 50 equity ratio. Founded in March 2004, the company is mainly engaged in R&D, manufacturing, sales and service of automobile seats and their parts, and is a leading automobile seat manufacturer with comprehensive strength in China.
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