Is Happy Valley a state-owned enterprise or a private enterprise?

Happy Valley is owned by state-owned enterprises.

happy valley belongs to oct group co., ltd. The full name of the company is OCT Group Co., Ltd., and OCT Group is a central enterprise. OCT Group Co., Ltd., headquartered in Shenzhen, was established on November 11, 1985, and is a large state-owned central enterprise under the management of the State Council SASAC. The first batch of national cultural industry demonstration bases, the top 3 national cultural enterprises and the top 2 China tourism groups.