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Is Yunnan Baiyao Group a state-owned enterprise?

Yunnan Baiyao Group Co., Ltd. is a state-owned enterprise.

Yunnan Baiyao Group Co., Ltd. is a pilot unit of mixed ownership reform determined by the Yunnan Provincial Party Committee and the provincial government. The history of the company can be traced back to Yunnan Baiyao Factory, which was established in 197 1. 1993 the company was listed on Shenzhen Stock Exchange, and 1996 the company was reorganized into Yunnan Baiyao Group. The company was rated as "Typical State-owned Enterprise in 2009" and was the only Yunnan enterprise and pharmaceutical enterprise selected in previous evaluations.