Is Shanghai Pharmaceutical Group a state-owned enterprise or a private enterprise?

State-owned enterprises Shanghai Pharmaceutical Group is a state-owned enterprise, not a private enterprise. Shanghai Pharmaceutical (Group) Co., Ltd. was established in June 1996, formerly known as Shanghai Pharmaceutical (Group) Corporation. Its main business scope is the circulation of chemicals, biological drugs, traditional Chinese medicine and drugs. It is a national state-owned pharmaceutical industry group headquartered in Shanghai.