Is Beijing Yushengtang Pharmaceutical Co., Ltd. a state-owned enterprise?

Beijing Yushengtang Pharmaceutical Co., Ltd. is not a state-owned enterprise. Beijing Yushengtang Pharmaceutical Co., Ltd. is a private enterprise. The company introduced Beijing Yushengtang Investment Group Co., Ltd. as the asset management organization of Beijing Yushengtang in the field of health industry, decided the investment direction of Beijing Yushengtang, balanced and managed the relationship between its subsidiaries and holding companies in the fields of biopharmaceuticals, health food, nutritional supplements, cosmetics, health management, financial investment, product development and sales, and built and deepened the business structure and sales of Beijing Yushengtang in core industries.