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Is COFCO Coca-Cola a state-owned enterprise or a central enterprise?
Central enterprises.
According to Tian Yan, COFCO Coca-Cola is a central enterprise. COFCO Coca-Cola Beverage Co., Ltd. is a joint venture between China Grain Group and Coca-Cola Company, two fortune 500 companies, of which COFCO holds 65% of the shares and Coca-Cola Company holds 35%. Broad platform and strong financial strength.
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