Shandong Yun Qi Group Co., Ltd. is a state-owned enterprise.

Shandong Yun Qi Group Co., Ltd. is not a state-owned enterprise. State-owned enterprises, in international practice, only refer to enterprises invested or controlled by the central government or the federal government of a country. Private enterprise refers to a legal person economic entity with private investment, private operation, private enjoyment of investment income and private undertaking of business risks. Private enterprises with legal person conditions. Shandong Yun Qi Group Co., Ltd. is a private company.