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Is high-speed rail avic property a state-owned enterprise?

It is a state-owned enterprise.

AVIC Real Estate is a wholly-owned subsidiary of AVIC and a subsidiary of AVIC. AVIC is a state-owned enterprise owned by the central government, so AVIC Real Estate is also a state-owned enterprise.

AVIC property's main business is property management, real estate brokerage and self-owned house leasing.