Is Shapuis a state-owned enterprise or a private enterprise?

The pharmaceutical company is privately owned.

According to Qichacha, the actual controllers of Zhejiang Shapuaisi Pharmaceutical Company are Lin Hongli and Lin Hongyuan. This company is an A-share listed company, stock abbreviation: Shapuaisi, stock code: 603168.SH. The main business is the production, research and development and sales of chemical preparations and proprietary Chinese medicines.

In the course of more than 40 years of development, the company has experienced the transformation from "state-owned Zhejiang Pinghu Pharmaceutical Factory" to "Zhejiang Pinghu Pharmaceutical Factory (joint-stock cooperation)" to "Zhejiang Pinghu Shapuaisi" Pharmaceutical Co., Ltd." and then to "Zhejiang Shapuaisi Pharmaceutical Co., Ltd."

On December 15, 2008, it was finally changed to "Zhejiang Shapuaisi Pharmaceutical Co., Ltd." and was successfully listed on the A-share main board of the Shanghai Stock Exchange on July 2, 2014. The company now has 2 pharmaceutical manufacturing companies, 1 pharmaceutical sales company, 1 pharmaceutical retail company, and 1 pharmaceutical research institute.