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Is Weihai Transportation Group a private enterprise or a state-owned enterprise?

Weihai Transportation Group Co., Ltd. is located at No.0/36, Qingdao Middle Road, Weihai City, and is the only highway backbone transportation enterprise integrating transportation, industry and trade. At present, the company has more than 300 employees 1.000, and various passenger and freight vehicles1.000, including more than 8 million buses, which are mainly engaged in road passenger and freight transportation, auto repair, auto parts and fuel sales. The annual passenger traffic is 9 million passengers, the freight volume is 900,000 tons, and the passenger and freight conversion turnover is1.800,000 tons/km. The company has seven passenger and freight branches, five secondary bus stations, automobile transportation hotels, material branches, construction branches, advertising branches, golden pigeon travel agencies, modern Guzhai art society and other units for nearly 20 years, which are distributed in two economic and technological development zones in Weihai. In 2002, it passed the ISO900 1:2000: 2000 international quality management system certification. And obtained the national second-class passenger transport enterprise management qualification, and obtained the national second-class freight transport enterprise management qualification in 2003. The company has successively won the honorary titles of "Star Enterprise in Shandong Province", "Advanced Enterprise in Economic Benefit of Transportation System in the whole province", "Advanced Enterprise in Transportation System Reform and Management in 1998", "Advanced Unit in Civilization Construction of Transportation System in the whole province" and "Civilized Unit in Weihai City".