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Is Ruyuan East Sunshine Group a state-owned enterprise?
No Ruyuan Dongyangguang Industrial Development Co., Ltd. is a large private enterprise in Shaoguan. The company was established in Ruyuan on May 1998. Its nature is a private enterprise, not a state-owned enterprise. State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively.
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