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Is Shanghai Lv Huan Real Estate Development Co., Ltd. a state-owned enterprise?
Shanghai Lv Huan Real Estate Development Co., Ltd. is a state-owned enterprise. Shanghai Real Estate and Shanghai Chengtou, the top three shareholders of Greenland, are enterprises controlled by Shanghai SASAC. Shanghai SASAAC generally refers to Shanghai SASAC. According to the "Shanghai Institutional Reform Plan", the Shanghai State-owned Assets Supervision and Administration Commission was established as an ad hoc institution directly under the municipal government.
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