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Is Xiaoshan Sanyi Group a state-owned enterprise?

Not a state-owned enterprise. Xiaoshan Sanyi Group, a private enterprise in China, registered in Xiaoshan District, Hangzhou City, Zhejiang Province, is mainly engaged in real estate development, property management, architectural decoration and other businesses. Private enterprises are owned and operated by individuals or private institutions, which are different from state-owned enterprises in ownership, resource acquisition and market competition.