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Is Jining Luxing Group a state-owned enterprise?
No. State-owned enterprises refer to wholly state-owned enterprises in which the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively. According to Aiqi's inquiry, Jining Luxing Holding Group Co., Ltd. is another limited liability company, and there is no sign of state shareholding or holding. Therefore, Jining Luxing Holding Group Co., Ltd. is not a state-owned enterprise.