Is Xiangdi Pharmaceutical a state-owned enterprise or a private enterprise?

Private enterprises.

Hubei Baike Hendi Pharmaceutical Co., Ltd. is the largest supplier of ibuprofen, a non-steroidal anti-inflammatory drug, in China and the second largest in the world. Is a company specializing in high-end chemical raw materials and preparations. It is the maker and drafter of many domestic API industry standards and specifications, and it is one of the few API manufacturers in China that have passed GMP in China, FDA in the United States and CEP in the European Union.