Is the New Seven Days Group a state-owned enterprise?

Xinqidian Group is a private enterprise, which does not belong to the category of state-owned enterprises. Founded in 200 1 and headquartered in Shenzhen, Guangdong, China, Xinqidian Group is a comprehensive enterprise group led by the hotel industry, involving hotels, real estate, finance, tourism and other fields. The New Seven Days Group has several brands in the hotel industry, including Seven Days Hotel Chain, Seven Days PLUS Hotel, Seven Days Hotel in Greenland and Starway Hotel. It is one of the leading enterprises in China hotel chain industry. In the development process, the new seven-day group has been adhering to the corporate values of "integrity, innovation, Excellence and * * * win-win" and is committed to providing quality services and products, which has won the recognition and trust of customers and the market.