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Is zhongse east going out of business?

No, according to official website's inquiry, China National Color Oriental Group Co., Ltd. and China National Color (Ningxia) Oriental Group Co., Ltd. are mainly engaged in the research and development and production of high-tech products of rare metals such as tantalum, niobium and beryllium. In April, 2020, it was selected into the list of "Science and Technology Reform Demonstration Enterprises" of the State Council State-owned Assets Supervision and Administration Commission. As of August 20, 2023, the relevant bankruptcy news has not been announced.