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Is Anqing Piston Ring Factory a state-owned enterprise or a private enterprise?

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According to Tianyan, Anqing Piston Ring Factory is not a traditional state-owned enterprise, but a Sino-Japanese joint venture. Its piston ring products have a high market share and are a good enterprise.

Anqing Piston Ring Factory, established in 1990, is located in Anqing City, Anhui Province, and is an enterprise mainly engaged in repairing motor vehicles, electronic products and daily products. The registered capital of the enterprise is12.33 million yuan.