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Is Jiangsu Xinhai Power Generation Co., Ltd. a state-owned enterprise?
It is a state-owned enterprise. State-owned enterprises mean that the proportion of state-owned shares exceeds 5 1%, while the state-owned shares of Jiangsu Xinhai Power Generation Co., Ltd. exceed 5 1%, reaching 100%. The company belongs to Jiangsu Guo Xin Group, and is engaged in the production, sales and thermal sales of electric energy. So Jiangsu Xinhai Power Generation Co., Ltd. is a state-owned enterprise.
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