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Is Beiren Group a state-owned enterprise or a private enterprise?

State-owned enterprises State-owned enterprises are enterprises with more than 50% state holding. According to Aiqi's inquiry, Beiren Group is controlled by Beijing Jingcheng Electromechanical Holding Co., Ltd. 100%, and Beijing Jingcheng Electromechanical Holding Co., Ltd. is controlled by Beijing State-owned Capital Management Center 100%, which is over 50%. So Beiren Group Co., Ltd. is a state-owned enterprise.