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Is Beijing Zhongxing Property Management Co., Ltd. a state-owned enterprise?

Yes State Grid Zhongxing Property is a state-owned enterprise. Beijing Zhongxing Property Management Co., Ltd. was established in 1999, which is a subordinate unit of State Grid Corporation. It is a comprehensive large-scale property management enterprise established in accordance with the requirements of high starting point, marketization, specialization and socialization of logistics system reform of State Grid Corporation.