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In September 1987, the Overseas Chinese Enterprise Company of Xiangtan City was established as a public institution under the Overseas Chinese Office of the People's Government of Xiangtan City.
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In September 1991, the current president, Comrade Ren Yuqi, was appointed by the people's government of Xiangtan City as the third legal representative of the Overseas Chinese Enterprise Company of Xiangtan City.
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On April 2, 1993, with the approval of Xiangtan Construction Bureau, Xiangtan Jinqiao Real Estate Development Company was established.
