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Is Guangxi Beigang Resources Development Co., Ltd. a state-owned enterprise?

Yes Guangxi Beigang Resources Development Co., Ltd. was established on March 7, 2008. It is a wholly-owned subsidiary of Guangxi Beibu Gulf International Port Group Co., Ltd., a large state-owned enterprise directly under the government of Guangxi Zhuang Autonomous Region. The registered place is located in the South Building of the North Bay Shipping Center of Tiqiang Road, Nanning District, China Pilot Free Trade Zone, and its legal representative is Liu.