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Is Shandong Hongye Development Group a state-owned enterprise?

No. According to Aiqi, Shandong Hongye Development Group is a private enterprise. Shandong Hongye Development Group was established in June 2002, and its headquarters is located in Yinhe Building, No.2008 Xinluo Street, High-tech Zone, Jinan City, Shandong Province. The group consists of four companies: Shandong Hongye Development Group Co., Ltd., Shandong Hongye Software Co., Ltd., Shandong Hongye Liqun Communication Equipment Co., Ltd. and Shandong Hongye Xiang Hao Building Materials Co., Ltd. ..