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Is Fangsheng Pharmaceutical a state-owned enterprise or a private enterprise?

Fangsheng Pharmaceutical is a private enterprise.

Fangsheng Pharmaceutical is a private enterprise, which was established in 2002 and completed the shareholding system reform in 2009. The company is registered in Changsha High-tech Zone. As a private enterprise, Fangsheng Pharmaceutical plays an important role in the research and development of new drugs, the production and sales of finished drugs.