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Is Ocean International Construction Co., Ltd. a state-owned enterprise?

Ocean International Construction Co., Ltd. is a state-owned enterprise. According to relevant public information, the full name of the company is Ocean Shipping International Construction Co., Ltd., and it is a subordinate member of Ocean Shipping Group Holding Co., Ltd.. On September 28th, 2007, it was listed on the main board of The Stock Exchange of Hong Kong Limited, with its headquarters in Beijing. On June 20 16, it was renamed Ocean Shipping Group. Its main business includes residential development, real estate development and operation, and property services. Its main shareholders are China Life Insurance (Group) Company and Renren Insurance Group Co., Ltd..