Is Yichang Yongyao Electric Power Group a state-owned enterprise?

Yes. According to the official website of Yichang Yongyao Electric Power Group, it can be seen that the Guobin Garden Hotel of Yichang Yongyao Electric Power Group Co., Ltd. officially opened on December 28, 2002. It is a state-owned enterprise and has jurisdiction over the five-star standard luxury business hotel Guobin Garden Hotel and the four-star Guobin Garden Hotel. Level business hotel Ambassador Peninsula Hotel. State-owned enterprises refer to non-corporate economic organizations in which all assets of the enterprise are owned by the state and are registered in accordance with the "Regulations of the People's Republic of China and State Enterprise Legal Person Registration", excluding wholly state-owned companies among limited liability companies. State-owned enterprises are modern contract organizations with unique characteristics in terms of systems, goals and management in order to make up for market failures under the conditions of socialized mass production. Its connotation is that the assets are owned by the whole people and the government has the ultimate ownership.