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Is Yaoling Mine in Shaoguan, Guangdong a state-owned unit?

Yes In 2003, in accordance with the requirements of modern enterprise management system, Yaoling Tungsten Mine, managed by Guangsheng Nonferrous Metals Co., Ltd., was transformed into Yaoling Mining, a state-owned holding company, which is subordinate to the state government, managed or advocated by the state government and invested and operated by the state.