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Is Yangzhou Haiwo a state-owned enterprise?

No. According to Aiqi's investigation, Yangzhou Haiwo is a private enterprise with its registered address in Yangzhou City, Jiangsu Province. Haiwo Machinery (Yangzhou) Co., Ltd. is the fourth production, sales and service base in the world invested by Dutch Haiwo International Group in Yangzhou, China, and is committed to providing advanced, professional and systematic cargo self-loading and unloading transportation solutions for the logistics field in China. Its products include the hydraulic system of dump trucks.