Is Shandong Lv Wen Group a state-owned enterprise?

Shandong Lv Wen Group is a state-owned enterprise. Shandong Lv Wen Group is a state-owned holding company jointly funded by Shandong Lv Wen Group, Shandong New Kinetic Energy Equity Investment Management Co., Ltd. and Beijing Huiquan Investment Management Co., Ltd., mainly engaged in advertising, cultural creativity, film and television, sports, cultural tourism and other businesses. Development of Shandong Lv Wen Group On July 9, 2022/KLOC-0, the signing ceremony of the strategic cooperation agreement between Rizhao Municipal Government and Shandong Lv Wen Group was held in Jinan. On February 8, 2023, Shandong Province, Shandong Normal University and Qingdao Hotel Management Vocational and Technical College took the lead in establishing the integration of production and education of Shandong Province's fine tourism, and its business scope includes: development, operation, management and consulting services of cultural tourism industry.