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Is Hengan Group a state-owned enterprise?

No. State-owned enterprises are defined as enterprises with more than 50% state-owned shares. According to Aiqi, Hengan Group, namely Fujian Hengan Group Co., Ltd., is 88.53% owned by Hengan Zhenbao Investment Co., Ltd. (Hong Kong) and 65,438+00.5% owned by Hengan (Fujian) Investment Co., Ltd. It's not a state-owned enterprise.