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Is Hua Bin Group a state-owned enterprise or a private enterprise?
Private enterprises. According to Aiqi Tea, Hua Bin Group Co., Ltd. was established in May, 1998, located in Bincheng District, Binzhou City, Shandong Province, with a registered capital of 2.058 billion yuan. The registration authority is Binzhou Municipal Market Supervision Administration, which is owned by individuals, so it is not a state-owned enterprise, but a private enterprise.
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