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Is Hexi Company a state-owned enterprise?

Yes According to relevant information, Nanjing Hexi New Town State-owned Assets Management Holding Co., Ltd. is a municipal-level wholly state-owned company approved by Nanjing Municipal Government. Founded in June 2003, the registered capital is 3.666 billion yuan. Hexi Group, as a state-owned enterprise, covers real estate development, property service management, engineering construction and park management.