Is Qingdao Jiao Yun a state-owned enterprise?

Transportation Group (Qingdao) is a large state-owned transportation industry group that the Ministry of Transport focuses on. Headquartered in Qingdao, it has 30 wholly-owned companies, 1 medical institutions and 6 joint-stock companies. It has the first-class business qualification of passenger and freight transportation, operates more than 9000 vehicles and employs more than 7000 people/kloc-0.

Qingdao, formerly known as Jiaoao, also known as Qindao and Island City, belongs to Shandong Province. Qingdao is located in the south of Shandong Peninsula, bordering the Yellow Sea in the east and south, Yantai in the northeast, Weifang in the west and Rizhao in the southwest.