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Is Shangyu Yalong Group a state-owned enterprise?
No China Yalong Technology Group Co., Ltd. was formerly known as Zhejiang Yalong Educational Instrument Co., Ltd., and the state-owned enterprises do not include the wholly state-owned companies in the limited liability company. State-owned enterprises refer to non-corporate economic organizations whose assets are owned by the state and registered according to the Regulations of People's Republic of China (PRC) Municipality on the Administration of Enterprise Legal Person Registration.