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Taiyuan Zhonghai Zhongxing is not a centralized state-owned enterprises
Yes. Taiyuan Zhongxing is a subsidiary of China's central enterprise CNOOC Energy Development Co. CNOOC Energy Development Co., Ltd. is one of the most important state-owned oil and gas exploration, development and production enterprises in China, which is a centralized enterprise. As a subsidiary of CNOOC Energy Development Company Limited, Taiyuan Zhongxing is also a centralized enterprise.

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