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Is Lerentang a state-owned enterprise or a private enterprise?
Lerentang is a state-owned enterprise. According to the inquiry of Aiqi official website, Lerentang is a state-owned enterprise. Sinopharm Holdings Hebei Lerentang Pharmaceutical Chain Co., Ltd. was jointly invested and operated by Sinopharm Holdings Guo Da Pharmacy Co., Ltd. (hereinafter referred to as "Guo Da Pharmacy") and Lerentang Pharmaceutical Group (hereinafter referred to as "Lerentang Group"), and was awarded "China Time-honored Brand" by the Ministry of Commerce. According to other data, Sinopharm Lerentang Pharmaceutical Co., Ltd. was established on September 29th, 2009 with a registered capital of 18. Chinese medicine Lerentang Cangzhou Pharmaceutical Co., Ltd. is also a state-owned enterprise, which was established on 20112+210. Shijiazhuang Lerentang Pharmaceutical Co., Ltd. has also been rated as an independent enterprise under the name of Younuokang, and Tianjin Lerentang Pharmaceutical Factory belongs to Tianjin Zhongxin Pharmaceutical Group Co., Ltd., which is also a national second-class enterprise.
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