Is Freda Biological Co., Ltd. a state-owned enterprise or a private enterprise?

Shandong Freda is a state-owned enterprise. Shandong Freda refers to Shandong Freda Pharmaceutical Group Co., Ltd., which is a subsidiary of Shang Lu Group, a large state-owned enterprise. Shandong Freda Pharmaceutical Group Co., Ltd. specializes in medicine and cosmetics? Industry-University-Research, a health industry group integrating science, industry and trade, is the founder and leader of hyaluronic acid industry in China, which involves raw materials, medicines, medical devices, health food, food and cosmetics. Shandong Freda Company was established in 199 1 year, and belongs to Shang Lu Group. 20 18 became a wholly-owned subsidiary of Shang Lu Development, a listed company, through asset replacement.