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Is Cai Zhong Merchants Investment Group a state-owned enterprise?
Cai Zhong Group is not a state-owned enterprise or a central enterprise, but a private enterprise, which invests or holds shares for natural persons. Its full name is Cai Zhong China Merchants Investment Group Co., Ltd., and its industry is retail. Its jurisdiction is Binjiang District, Hangzhou City, Zhejiang Province. The main business is chemical building materials, guaranteed investment, futures brokerage, pawn auction, private equity fund, real estate development and domestic and foreign trade. The subsidiaries of Cai Zhong Group are: Zhejiang Cai Zhong Financial Consulting Co., Ltd., Zhejiang Cai Zhong Materials Leasing Co., Ltd., Hangzhou Cai Zhong Electronic Materials Co., Ltd., Henan Cai Zhong Auction Co., Ltd., Zhejiang Cai Zhong Pipeline Technology Co., Ltd., Zhejiang Cai Zhong Tourism Holding Co., Ltd., etc.