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Is Linyi Sanhe Industrial Group a state-owned enterprise?

Yes Linyi Sanhe Industrial Development Co., Ltd. was established in 2009 and is a state-owned enterprise under the State-owned Assets Supervision and Administration Commission of Linyi City. There are 6 wholly-owned subsidiaries, 6 branches and 18 departments and offices. The business scope covers property services, conference services, catering services, car rental, real estate agency, greening projects, real estate development, elevator installation, etc.