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Is Shijiazhuang Yiling Pharmaceutical a state-owned enterprise?

Shijiazhuang Yiling Pharmaceutical is not a state-owned enterprise. Yiling Pharmaceutical Co., Ltd. is a private enterprise, established in 1999 and headquartered in Shijiazhuang, Hebei Province, China. Yiling Pharmaceutical Co., Ltd. is a company specializing in the research, development, production and sales of chemical raw materials and drugs. Its main business fields include anti-tumor drugs, cardiovascular and cerebrovascular drugs and nervous system drugs. As a private enterprise, Yiling Pharmaceutical operates according to market demand in a market economy, which is different from state-owned enterprises.