Is Shandong Wanghai Yinhe Pharmaceutical Co., Ltd. a state-owned enterprise?

Yes All the assets of Shandong Wanghai Yinhe Pharmaceutical Co., Ltd. are owned by the government, which is a state-funded company and a state-owned enterprise. Shandong Wanghai Yinhe Pharmaceutical Co., Ltd. (formerly known as Shandong Weifang Wanghai Pharmaceutical Co., Ltd.), founded in 1996, is located in Weifang City, Shandong Province, and is a pharmaceutical manufacturing enterprise.