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Is Guangrao Hualong Group a state-owned enterprise?
Guangrao Hualong Group is not a state-owned enterprise. Guangrao Hualong Group, the full name of Shandong Dongfang Hualong Industry and Trade Group Co., Ltd., was established in Guangrao County at the southern end of the Yellow River Delta. It is an enterprise group integrating chemical industry, leather shoes manufacturing, machinery manufacturing and scientific research. The company's enterprise qualification belongs to a sole proprietorship limited liability company, not a state-owned enterprise.
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