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Does the state-owned futures company have an establishment?
State-owned futures companies have been established.

In China, state-owned enterprises will provide staffing for regular employees, including managers and professional and technical personnel. State-owned futures companies refer to futures companies controlled by state-owned capital. These companies have strong financial strength and high credibility, and play an important role in the futures market. In state-owned futures companies, employees are formally established and enjoy relatively stable salary and welfare benefits.