Is Zaiding Medicine a foreign enterprise or a state-owned enterprise?

Zaiding Medicine is a foreign company.

Zaiding Pharmaceutical Co., Ltd. is an innovative biopharmaceutical company based in China and operating globally. It is committed to providing innovative drugs in the fields of cancer, autoimmunity and infectious diseases to patients in China and around the world.

On September 28, 2020, Zaiding Pharmaceutical landed on the main board of the Hong Kong Stock Exchange, becoming the first Nasdaq biomedical enterprise listed in Hong Kong for the second time after the new regulations of the Hong Kong Stock Exchange. On the first day of listing, it closed at HK$ 665,438+00 per share, up 8.54%, with a market value of about HK$ 52.423 billion.

Brief introduction of state-owned enterprises:

State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the country respectively, including enterprises at the same level and enterprises formed by investment step by step under the supervision of central and local state-owned assets supervision and administration institutions and other departments.

State-owned enterprises have ownership or control over their capital, and the will and interests of the government determine the behavior of state-owned enterprises. State-owned enterprises are the backbone of national economic development and the pillar of Socialism with Chinese characteristics.