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Why is BAIC Molding a State-owned enterprise?
The state holds equity. Beijing Beiqi Molding Technology Co., Ltd. was jointly funded by Beijing Hainachuan Auto Parts Co., Ltd. and Jiangnan Molding Technology Co., Ltd. and was incorporated in Beijing in June 2008. As a state-owned enterprise, it belongs to a state-owned enterprise with a registered capital of 1.60 million yuan.
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