Is Yunnan Hotel a state-owned enterprise?

Yunnan Hotel is a state-owned enterprise. According to the relevant public information, Guangdong Yunnan Hotel is a state-owned enterprise funded by the Guangdong Office of the People's Government of Yunnan Province. As an important window for Yunnan Province to face Greater Bay Area, it undertakes important responsibilities such as serving government exchanges, cooperation and exchanges between Yunnan and Guangdong provinces while carrying out market operation.