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Is Luoyang Juncheng Group a state-owned enterprise?

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Enterprise inquiries show that Luoyang Juncheng Investment Holding Group Co., Ltd. is a first-class holding group company under Luoyang Economic and Technological Development Zone, which is responsible for the unified entrusted management of state-owned assets operation and foreign investment in the Economic Development Zone. It owns six subsidiaries including Luoyang Huarong Real Estate Co., Ltd., Luoyang Zhongji Real Estate Co., Ltd., Luoyang Huacheng Real Estate Co., Ltd., Luoyang Hua Kai Real Estate Co., Ltd., Luoyang Huafeng Real Estate Co., Ltd. and Luoyang Huarong Real Estate Co., Ltd..