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Is Jiaxiang Shengde Group a state-owned enterprise?
Yes
Shandong Shengde Group is a functional state-owned capital investment and operation company managed by Jiaxiang county government, mainly engaged in non-coal mine mining, processing, sales, mine geological environment improvement, rural revitalization and construction project implementation and other related businesses.
Other development businesses include: comprehensive management of coal mining subsidence, surveying and mapping geographic information engineering, comprehensive development and utilization of land, market-oriented operation of land reserve, investment and financing and capital operation by using land resources and land elements, etc.
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