Is Hengan Group a state-owned enterprise?

Hengan Group is a listed company, not a state-owned enterprise. Hengan Group is a listed company, established in 1985 and headquartered in Quanzhou, China. China is one of the largest manufacturers of sanitary napkins and baby diapers for women. Hengan Group is a large enterprise group integrating R&D, production and sales, with several subsidiaries and brands.