Is Fuxiang Pharmaceutical a state-owned enterprise or a central enterprise?

Neither. State-owned enterprises refer to state-owned shares with an absolute holding of more than 50%, which can also be called state-owned enterprises. Central enterprises refer to central enterprises, which are wholly state-owned or state-controlled enterprises directly managed by the central government or entrusted by the state-owned assets supervision and administration institution to exercise the responsibilities of investors, or entrusted by the relevant central ministries and commissions such as the Central Organization Department. The largest shareholder of Fuxiang Pharmaceutical is Bao Jianhua, the legal representative, holding 20.88% of the shares. Because it is not owned by the state or funded by the central people's government, it is a private enterprise, and its address is located at No.2 Yuli Industrial Zone, Changjiang District, Jingdezhen City, Jiangxi Province (at the junction of Yushan and Liyang).