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China Everbright Group, a state-owned enterprise, has completed a corporate1 restructure by becoming a joint2 stock company.
中国光大银行,一家国有企业,已经完成企业重组变成一家股份公司。
The restructure has been approved by the State Council, marking an end to restructuring efforts that spanned more than a decade.
State-owned investment company Central Huijin Investment holding will own the remaining 56 percent.
Meanwhile, the new company will inherit all of the group's assets, liabilities, organizations, and employees.
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