Is Kangbain a state-owned enterprise?

Kang is a state-owned enterprise. The full name of Kang Enbei is Zhejiang Kang Enbei Pharmaceutical Co., Ltd., formerly known as Lanxi Yunshan Pharmaceutical Factory. After more than 50 years' development, it has grown into the largest Chinese medicine enterprise in the province (SH600572), among the top Chinese medicine enterprises in China 10, and selected as the "scientific reform demonstration enterprise" of the State Council state-owned enterprises. The controlling shareholder of the company is Zhejiang Traditional Chinese Medicine Health Industry Group Co., Ltd. (a wholly-owned subsidiary of Zhejiang International Trade Group Co., Ltd.). Headquartered in Hangzhou, the company takes Zhejiang as the industrial development center and has established industrial bases in Jiangxi, Yunnan, Inner Mongolia and other provinces. The company has established innovative platforms such as national innovative enterprises, national enterprise technology centers and postdoctoral research centers, academician workstations, provincial key laboratories of traditional Chinese medicine technology, and provincial key enterprise research institutes, and has a huge brand matrix represented by well-known trademarks such as Kangbain, Qianliekang and Tianbaoning, and well-known domestic brands such as Jindi and Jin Aokang. Since it was formally incorporated into the management system of the Provincial International Trade Group in July 2020, the company has followed the principle of "inheriting the essence, being honest and innovative", focusing on core business, innovative development and value enhancement, laying a good foundation for building the main platform of Zhejiang traditional Chinese medicine health industry. In the future, the company will focus on the development goal of life and health industry of Provincial International Trade Group, give full play to the advantages of mixed reform system and mechanism, increase the deep cultivation in the field of Chinese medicine health, and strive to make new breakthroughs in the construction of innovative platforms, integrated development of resources, management, quality improvement and efficiency improvement, and iterate competitiveness in the new development ecology. It has become an important force in building a highland of life, health and science and technology in our province, and has contributed to helping a strong province of traditional Chinese medicine and a high-quality development and construction demonstration zone.