Is Zibo xinhua medical a state-owned enterprise?

Yes According to the inquiry, Zibo xinhua medical Company is a medical device manufacturer, located in the high-tech industrial development zone of Zibo City, Shandong Province, which occupies an important position in the national economic development, while Zibo xinhua medical Co., Ltd. is a company owned and managed by the state, so Ruiyang Pharmaceutical is a state-owned enterprise.