Is Shandong Dezhou Fertilizer Plant a state-owned enterprise?

No, when 1968 was established, the annual production capacity of Shandong Dezhou Fertilizer Plant was only 5,000 tons of synthetic ammonia and 20,000 tons of ammonium bicarbonate. This company is a private enterprise, not a state-owned enterprise. Due to the constraints of the planned economy, enterprises struggled for a long time, developed slowly, had low production capacity and suffered serious losses until they were on the verge of bankruptcy.