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Is Ningbo Yuxing Group a state-owned enterprise?

No. Ningbo Yuxing Group Co., Ltd. (formerly known as Ningbo Yuxing Electric (Group) Co., Ltd.) was established in 2019 and is located in Ningbo City, Zhejiang Province. It is an enterprise mainly engaged in the wholesale industry. Ningbo Yuxing Group is not a state-owned enterprise , mainly engaged in technology research and development, manufacturing and processing of electronic products; import and export of goods or technology, etc.