Is Blue Ocean International Hotel a state-owned holding company?

Blue Ocean International Hotel is a state-owned holding enterprise. According to relevant public information, Shandong Blue Ocean Hotel Management Co., Ltd., a joint-stock enterprise, is located at the intersection of Lushan Road and huanghe road in Dongying New District, Shandong Province, just across the road from the new district government in the east and across from the exhibition center under construction in the south. It is a quadrangle-style five-star hotel under Shandong Blue Ocean Hotel Group.