Is China Resources Liaocheng Pharmaceutical Co., Ltd. a state-owned enterprise?

Yes China Resources Pharmaceutical Group Co., Ltd. is a large-scale pharmaceutical manufacturing and circulation enterprise established by China Resources (Group) Co., Ltd. on the basis of reorganizing the medical resources of central enterprises Huayuan Group and Sanjiu Group according to the requirements of the State Council State-owned Assets Supervision and Administration Commission. It is a wholly-owned enterprise of China Resources Group to integrate and develop the domestic pharmaceutical industry.