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Is Xiong Yue Kang Hui Petrochemical a state-owned enterprise?

No, Xiong Yue Kang Hui Petrochemical official website's inquiry shows that the company was established on August 29th, 20 1 1, and is a Sino-foreign joint venture, not a state-owned enterprise. Xiong Yue Kang Hui Petrochemical Co., Ltd. is a key investment attraction project in Yingkou Xianrendao Energy and Chemical Industry Zone, and a holding subsidiary of listed company Hengli Petrochemical.