Is Haizheng Pharmaceutical a state-owned enterprise?

Yes State-owned enterprises have the largest share in China. Haizheng Pharmaceutical is called Zhejiang Haizheng Pharmaceutical Co., Ltd. The largest holding company is Zhejiang Haizheng Pharmaceutical Co., Ltd., and Zhejiang Haizheng Pharmaceutical Co., Ltd. holds 79.864% of the state shares. Naturally, the company with the largest share under its management is also a state-owned enterprise. Haizheng Pharmaceutical is a state-owned enterprise.