Is Dongguan Mankat Hotel a state-owned asset?

No. Dongguan Mankate International Hotel is a luxury business and conference hotel built by Guangdong Fengrui Group with an investment of 700 million yuan in accordance with international five-star standards. According to the introduction of the hotel, it is found that the hotel does not belong to the scope of state-owned assets, so it is not State assets. State-owned assets are the sum of various economic resources that are legally owned by the state and can provide economic and social benefits to the country.