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Is Shagang Group a state-owned enterprise or a central enterprise?
Neither. It's a private enterprise.

Jiangsu Shagang Group Co., Ltd., namely Jiangsu Shagang Group, is a key enterprise group in Jiangsu Province, a national super-large industrial enterprise and the largest private iron and steel enterprise in China.

Jiangsu Shagang is an iron and steel enterprise founded by 1975 with a self-raised fund of 450,000 yuan. At present, it is one of the 23 most competitive steel enterprises in the world.

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