Is Huayou Lanhai Oil and Gas Technology Development Co., Ltd. a state-owned enterprise?

Shandong Blue Ocean Group is a private enterprise. The company was founded in 1994 and is headquartered in Dongying, Shandong Province. In 1999, it took the lead in the industry in the province to complete the joint-stock reform. It completed ISO9000 certification in 1999 and is one of the first batch of "Shandong Province Service Brand" units, a key service enterprise in Shandong Province, and a national-level hotel service industry standardization pilot unit.

Blue Ocean Hotel Group mainly operates mid-to-high-end hotels, supplemented by ecological agriculture, vocational education and other related industries. Blue Ocean Group has four major industries: Shandong Blue Ocean Hotel Management Co., Ltd., Shandong Blue Ocean Industrial Co., Ltd., Fresh Food Selection Company, and Shandong Wuhua Tianbao Agricultural Technology Co., Ltd. The hotel industry has four hotel brands: Blue Ocean Yuhua, Blue Ocean International, Blue Ocean Junhua and Blue Ocean Xihua