Does Xinhua Medical have a state-owned enterprise establishment

Xinhua Medical is a state-owned enterprise.

Xinhua Medical was founded in 1943 as the first medical equipment manufacturer created by our party and our army. It is categorized as a provincial level state-owned enterprise. In September 2002, Xinhua Medical was listed on the Shanghai Stock Exchange. As a company specializing in medical devices, pharmaceutical equipment, medical services and commerce business segments, it has its headquarters in Zibo, Shandong Province.