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Is Redstone Cement a State-owned Enterprise or a Private Enterprise?
Private enterprises. According to the inquiry of Aiqi Enterprise, Hongshi Cement Co., Ltd. was registered and established by Hongshi Holding Group Co., Ltd. in Lanxi Market Supervision Administration on March 25th, 2004. Its largest shareholder is Zhang Xiaohua, holding 25.2 1%, so Hongshi Holding Group is a private enterprise and one of the top 500 private enterprises in China.
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