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Is China Resources Shandong Pharmaceutical a formal employee of state-owned enterprises?
China Resources Shandong Medicine is a formal worker of state-owned enterprises.
China Resources Shandong Pharmaceutical Co., Ltd. is a state-owned comprehensive pharmaceutical business entity and belongs to China Resources series enterprises. As a wholly-owned subsidiary of China Resources Pharmaceutical Business Group, it plays the role of "provincial platform company" in Shandong Province. It means that it has certain public functions in administrative management and resource allocation and is supervised and guided by the government.
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