Is Qingdao Urban Construction Group a state-owned enterprise?

Yes Qingdao Urban Construction Group is a state-owned enterprise under the State-owned Assets Supervision and Administration Commission of Qingdao. Founded in 1978, it was reorganized from the former Qingdao Second Municipal Engineering Company. The group company has the first-class qualification of national municipal public works general contracting, mainly engaged in urban infrastructure construction such as roads, subgrade, highway pavement, earth and stone works, and has good business scale and benefits.