Is Ningbo Medicinal Materials Company a state-owned enterprise?

Ningbo Medicinal Materials Co., Ltd. is not a state-owned enterprise. Displays information about the query. Ningbo Medicinal Materials Co., Ltd. is a large-scale pharmaceutical commercial enterprise that has passed the national GSP certification. Established in February of 1986, it was initiated by Ningbo medicinal materials company, China medicinal materials group company, Sanjiu group and Tianjin medicinal materials group company. After the share expansion and capital increase, the registered capital is 65 million yuan. The company was originally controlled by Sanjiu Group. In April 2006, Shanghai Dingli Technology Development (Group) Co., Ltd., a subsidiary of Dingli Group, entered the company.