Is Longdeng Reddy a foreign company?

Longdeng Reddy is a foreign company. According to relevant information, Kunshan Longguang Reddy Pharmaceutical Co., Ltd. (KRRP) is a foreign-funded enterprise jointly funded by Canada Longguang Group and India Dr. Reddy Laboratory Co., Ltd., which was established in 2000. A foreign-funded enterprise composed of Dr. Reddy Laboratory Co., Ltd. in India. KRRP was established in 2000 according to the laws of People's Republic of China (PRC), with a total investment of 29.99 million US dollars. KRRP is located in Kunshan Economic and Technological Development Zone, which is a state-level development zone with good infrastructure and sufficient scientific and technical personnel to provide convenience for investors. Kunshan is only 40 kilometers away from Shanghai, the commercial center of China, and the completion of the high-speed railway has shortened the distance between them.