Is Jinan Urban Construction Group Co., Ltd. a state-owned enterprise?

Yes According to the information of official website of the State Administration for Industry and Commerce, the company's capital is all funded by the state and owned by state-owned enterprises. It is a legally established organization engaged in production and business activities and belongs to state-owned enterprises. Jinan Urban Construction Group Co., Ltd. is a wholly state-owned limited liability company and a large enterprise with a development history of more than 80 years.