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Is Luanchuan Molybdenum Group a state-owned enterprise?

No Luoyang Molybdenum Industry was established in 1969. At present, it is a joint-stock company with private holding and state-owned shares. Luoyang Luanchuan Molybdenum Group Co., Ltd., referred to as Moluo Group for short, is an overseas listed company focusing on the mining, smelting and deep processing of molybdenum and tungsten, integrating scientific research, production and trade.