Is Federal Pharmaceutical a State-owned enterprise?

This enterprise is not a state-owned enterprise.

Is a private enterprise with Hong Kong capital background. Established in 1990, Federal Pharmaceutical International Holdings Limited is headquartered in Hongkong, China, and has several production bases in Chinese mainland, including Zhuhai, Zhongshan, Chengdu, Kaiping and Inner Mongolia, covering the production and sales of pharmaceutical preparations, APIs, pharmaceutical intermediates and capsules. Although the early development process may have some form of state-owned color or be influenced by the management mode of state-owned enterprises, its ownership and control are obviously private.