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Is Shandong Hanfang Pharmaceutical Co., Ltd. a state-owned enterprise?

No. By querying the official website of Shandong Hanfang Pharmaceutical Co., Ltd., we know that Shandong Hanfang Pharmaceutical Co., Ltd. is a private enterprise, not a state-owned enterprise. Established in 2004, Shandong Hanfang Pharmaceutical Co., Ltd. is a modern new Chinese medicine enterprise integrating R&D, production and sales, and a high-tech enterprise in Shandong Province.