Is Jiaozuo Pingguang Arsenal a state-owned enterprise?

Jiaozuo Pingguang Arsenal is a state-owned enterprise. Pingguang Pharmaceutical Group is a professional organization composed of five companies, integrating pharmaceutical production, scientific research, commerce and import and export trade. Over the years, Pingguang Pharmaceutical has always adhered to the pharmaceutical industry as its core and the revitalization of democratic medicine as its own responsibility. Its business scale has continued to expand, forming a marketing network that covers the national market and extends to the international market.