Is Kangbain a state-owned enterprise or a private enterprise?

Private enterprises. State-owned enterprises refer to enterprises in which state-owned enterprises hold more than 50% of the shares and are 565,438+0% or more. Kang refers to Zhejiang Kang Pharmaceutical Co., Ltd. According to the survey, Kang is a listed pharmaceutical enterprise integrating drug research and development, production, sales and medicinal material cultivation. Founded on June 9 1993, it was listed on Shanghai Stock Exchange in April 2004. The largest 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.), which is a state-owned enterprise, but its shareholding ratio is 20.85%, less than 50%. Therefore, Kangbain is not a state-owned enterprise, but a private enterprise.