Is Shenyang Yao Hong Group Co., Ltd. a state-owned enterprise?

Yes Shenyang Yao Hong Group Co., Ltd., formerly known as Shenyang Chinese Medicine Factory, was established in 1957. 1999 after injecting a high proportion of state-owned shares, it is actually controlled and managed by the state and belongs to 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.