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Is Zhiyoujie New Material Factory from Jinsha River?

According to the inquiry, Hebei Zhiyoujie New Material Technology Co., Ltd., located in Nanhe County, Xingtai City, Hebei Province, is a wholly-owned subsidiary of Jinshahe Noodle Industry Group. In international business, a subsidiary refers to a legal person enterprise of the host country established in accordance with the law with all or part of the shares invested by the parent company.