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Is Guangzhou Friendship a State-owned Enterprise?

Yes Query Q official website shows that Guangzhou Friendship Group Co., Ltd. is a state-controlled large-scale comprehensive commercial listed company. The company is headquartered in Guangzhou, an international metropolis with the reputation of a thousand-year-old commercial capital. Guangzhou Friendship was founded in 1959 and successfully listed in 2000. It is the only listed company in Guangzhou department store retail industry.