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Is Zibo Xinma Pharmaceutical a state-owned enterprise?

Zibo Xinma Pharmaceutical is not a state-owned enterprise.

Zibo Xinma Pharmaceutical Co., Ltd. is not a state-owned enterprise. Zibo Xinma Pharmaceutical Co., Ltd. was established in 2005. It is a private pharmaceutical company engaged in the production and sales of drugs. It mainly produces drugs for the treatment of cardiovascular and cerebrovascular, digestive system, respiratory system and other diseases. Although the company is subject to state supervision and policy guidance in some aspects, it is not an enterprise with shares held by the state or controlled by state-owned assets, and therefore cannot be regarded as a state-owned enterprise.

Zibo Xinma Pharmaceutical Co., Ltd. is committed to developing and promoting high-quality, safe and effective pharmaceutical products. It has now formed a number of new varieties and holds a number of national patents. On November 14, 2017 Obtained GMP certification.