Is Xinjiang Fufeng a state-owned enterprise?

This company is not a state-owned enterprise.

The reason why Xinjiang Fufeng Biotechnology Co., Ltd. is not a state-owned enterprise is related to its industry and management mode. Fufeng Group is a company with biological fermentation as its leading industry, which has high competitiveness and market risk. Therefore, the company needs to have flexible market adaptability and management mechanism, while the operation mode of private enterprises is more flexible and can better adapt to market demand and changes.