Is North Lang Yue Hotel a state-owned enterprise?

Yes, North Lang Yue Hotel is a state-owned enterprise. North Lang Yue Hotel is a large-scale enterprise ordnance industry group company under the State-owned Assets Supervision and Administration Commission. It is the first batch of Olympic audience reception standard units issued by the second-class hotel of the central state organs and the Beijing Accommodation Service Quality Evaluation Committee. Beijing North Lang Yue Hotel Management Co., Ltd. belongs to China Ordnance Industry Group Corporation and is directly managed by North Real Estate Group under Ordnance Industry Group. It is the main body of hotel management and development of Ordnance Industry Group.