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Is Kunyao Group a state-owned enterprise or a private enterprise?
The company is a state-owned enterprise.
Kunming Pharmaceutical Group, formerly known as Kunming Pharmaceutical Factory, was established in March 195 1. Kunyao Group is the first state-owned pharmaceutical enterprise in Yunnan Province, a key high-tech enterprise in China and one of the top 50 pharmaceutical enterprises in China.
As of July 2023, the controlling shareholder of Kunming Pharmaceutical Group is Huali Pharmaceutical Group Co., Ltd., which is controlled by China Huali Group.
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