Is Huandao Group a state-owned enterprise?

Yes.

China Huandao Group Co., Ltd. was formerly known as Hainan Huandao Tourism Real Estate Development Corporation established in 1988. In 1992, the group was established with the approval of the Ministry of Public Security and the Economic and Trade Commission of the State Council. In 1999, it decoupled from the Ministry of Public Security and became It is a key state-owned enterprise managed by the Central Enterprise Working Committee, so Huandao Group is a central enterprise.

China Huandao Group Co., Ltd. was established on December 2, 1992. Its business scope includes enterprise management services; education investment; self-operation and agency import and export business of various commodities and technologies, and counter trade operations and re-export trade; automobile sales, etc.