Is the Blue Army Group a state-owned enterprise or a private enterprise?

Blue Army Hotel Group is a private enterprise.

According to Tian Yue, the shareholders of Blue Army Hotel Group are Shanghai Du Nan Group Co., Ltd. ... Shanghai Du Nan Group Co., Ltd. (formerly known as Shanghai Du Nan Industrial Investment Co., Ltd.), which was established in 1999 and is a private enterprise mainly engaged in capital market services. The registered capital of the enterprise is RMB 300 million, and the paid-in capital is RMB 300 million.