Traditional Culture Encyclopedia - Hotel reservation - Is Modern Yuetu Hotel a state-owned enterprise?
Is Modern Yuetu Hotel a state-owned enterprise?
No, Modern Yuetu Hotel is a subsidiary of Hyundai Group. Hotels invested and built by Hyundai Group do not belong to state-owned enterprises, state-owned holding enterprises or state-owned enterprises. State-owned enterprises refer to enterprises invested by state organs, state administrative organs or state financial institutions. Modern Yuetu Hotel is not a state-owned enterprise, but a subsidiary of Hyundai Group.
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