Is Zhumadian Tian Fang Pharmaceutical a state-owned enterprise?

Yes According to the information on the official website, the capital of the State Administration for Industry and Commerce and Zhumadian Tian Fang Pharmaceutical Co., Ltd. are all invested by the state and belong to state-owned enterprises. It is a legally established organization engaged in production and business activities and belongs to state-owned enterprises. Zhumadian Tian Fang Pharmaceutical Co., Ltd. was established on May 4th, 1999, located at No.2 Guangming Road, Zhumadian City, Henan Province.