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Is Wanying Film (Shenzhen) Co., Ltd. a state-owned enterprise?

Yes

According to Aiqi official website, Wanying Film (Shenzhen) Co., Ltd., founded on 20 18, is located in Shenzhen, Guangdong Province, and is an enterprise mainly engaged in the production of radio, television, movies and recordings. The registered capital of the enterprise is 300 million RMB, which belongs to state-owned enterprises.