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Is Qilu Pharmaceutical Co., Ltd. a state-owned enterprise or a private enterprise?
The company is a private enterprise.
Qilu Pharmaceutical is not a state-owned enterprise, but a private enterprise. Qilu Pharmaceutical Co., Ltd., located in Jinan, Shandong Province, formerly known as Qilu Pharmaceutical Factory, is a large comprehensive modern pharmaceutical enterprise in China. The company adheres to the purpose of maintaining human health, takes meeting social needs as its own responsibility, and relies on advanced science and technology to research and develop drugs for treating common and frequently-occurring diseases that seriously endanger human health.
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