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Is Shanghai Rongzheng Group a state-owned enterprise?

Yes. According to inquiries on the official website of Shanghai Rongzheng Group Co., Ltd., the company is a state-owned enterprise owned by the entire people. Shanghai Rongzheng Group Co., Ltd. was established in 1993. It has a number of subsidiaries and is mainly engaged in the production, research and development, and sales of chemicals, chemical raw materials, medicine, health products and other fields.