Is Harbin Pharmaceutical Group a state-owned enterprise or a private enterprise?

The company is a state-owned enterprise.

Harbin Pharmaceutical Group, formerly known as Harbin Pharmaceutical Group Co., Ltd., was established on the basis of 3 1 state-owned enterprises affiliated to Harbin Pharmaceutical Administration with the approval of Harbin Municipal People's Government in May, 1988.

Harbin Pharmaceutical Group is a state-controlled Sino-foreign joint venture, and Harbin SASAC holds 45% of the shares, making it the largest shareholder, which meets the requirements of joint-stock system of state-owned enterprises. Therefore, Harbin Pharmaceutical Group is a state-owned enterprise.