Is Pien Tze Huang a state-owned enterprise or a private enterprise?

Pien Tze Huang is a state-owned enterprise. Pien Tze Huang official website shows that Zhangzhou Pien Tze Huang Pharmaceutical Co., Ltd. is a Chinese time-honored enterprise with pharmaceutical manufacturing as its main business. Zhangzhou Pharmaceutical Factory, founded by 1999 1956, was restructured and listed on the Shanghai Stock Exchange in 2003. Now its share capital is 603 million. The company is located in Zhangzhou High-tech Zone, covering an area of 16544. At present, it has 13 directly controlled subsidiaries and 9 joint-stock companies with about 2,700 employees. Production and medicinal materials bases have been established in many provinces and municipalities directly under the central government. It is a national high-tech enterprise, a national technological innovation demonstration enterprise, a national intellectual property demonstration enterprise and a national civilized unit, and belongs to a state-owned enterprise. The company produces more than 20 kinds of Chinese patent medicines such as Pien Tze Huang, Angong Niuhuang Pills, Compound Pien Tze Huang Buccal Tablets and Yindan Gan Ping Capsules all the year round. Pien Tze Huang, the core product, is a national first-class protected variety of traditional Chinese medicine. Its traditional production skills have been selected into the national intangible cultural heritage list, ranking in the forefront of China's export of single varieties of proprietary Chinese medicines for many years, and it is known as the "China symbol" on the Maritime Silk Road.