Is Qingdao Ocean Investment Group Co., Ltd. a state-owned enterprise?

Qingdao Ocean Investment Group Co., Ltd. is a state-owned enterprise. Qingdao Ocean Investment Group Co., Ltd. is a state-owned enterprise supervised by the State-owned Assets Supervision and Administration Commission (SASAC). Founded in 2009, the company is one of the important enterprises established by Qingdao municipal government to promote the development of marine economy, mainly engaged in marine resources development, marine industrial park construction, marine ecological protection and other businesses.