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Can a state-owned property company keep losing money and outsource the company?
You can't. According to the inquiry law express, property companies are not allowed to outsource all property services and charge extra. Therefore, property companies belonging to state-owned enterprises have been losing money and cannot outsource their companies. Article 34 of the Property Management Regulations stipulates that the owners' committee shall conclude a written property service contract with the property service enterprise selected by the owners' congress.
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