Official website information of Donghai International Holding (Shandong) Co., Ltd. shows that Donghai International Holding (Shandong) Co., Ltd. is a private enterprise established in 2005. The registered capital is/kloc-0.50 billion yuan, and its main business scope includes investment, development, operation and management of various industrial, commercial and real estate projects. Therefore, it can be determined that Donghai Group is a private enterprise, not a state-owned enterprise.