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Is Jiangsu Phoenix Media a state-owned enterprise?
The company is a state-owned enterprise.
According to the relevant entries of Baidu Encyclopedia, Jiangsu Phoenix Publishing Media Group Co., Ltd. is one of the largest and strongest cultural industry groups in China, with advantages in content production and channels. Phoenix Media's main business is editing, publishing and distributing books, newspapers, electronic publications and audio-visual products. Its company type is a limited liability company (wholly state-owned), so it is a state-owned enterprise.
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