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Qinyuan was acquired by Unilever; Is it still in China now?
No, according to the inquiry of the management committee of Hangzhou Bay New Area in Ningbo, Lihua acquired 55% shares of Qinyuan Group, a foreign-controlled and non-domestic company. Unilever (Unilever Group) is a multinational enterprise, founded in 1929, which was formed by the merger of MargarineUnie margarine company in the Netherlands and LeverBrothers Soap Company in the UK.
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