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Is Xinyi Glass Factory a state-owned enterprise?
No. State-owned enterprises refer to state-owned enterprises, that is, production and business units owned, operated or controlled by the state. Xinyi glass Factory, also known as xinyi glass Holding Co., Ltd., is one of the major manufacturers of the global glass industry chain and a private enterprise founded by Li Xianyi and others in the late 1980s. Ownership and control have always been in the hands of private investors. Therefore, xinyi glass Factory is not a state-owned enterprise.
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