According to relevant information, the query shows that it is not. On February 29th, 2003, Sichuan Minshan Investment Co., Ltd. and Sichuan Provincial Department of Finance signed an agreement on the transfer of state-owned shares. The former acquired 0/00% property rights of Minshan Hotel/KLOC at a transfer price of 35 million yuan. This move shows that all state-owned capital will withdraw from the hotel and Minshan Hotel will be privatized.