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Is Zhongsheng Group a state-owned enterprise?
No. State-owned enterprises refer to state-owned shares that hold more than 50% absolute control rights, and can also be called state-owned enterprises. Zhongsheng Group Holding Co., Ltd. is one of the leading national automobile dealer groups in China. The address of the enterprise is No.20 Hequ Street, Shahekou District, Dalian, Liaoning Province. Blue NaturalDevelopmentLtd is the largest shareholder, with a shareholding ratio of 48.4400%, and does not belong to state-owned enterprises.
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