Yes Kang Pharmaceutical is a state-owned enterprise. Kang is a professional R&D institution wholly managed by Zhejiang Kang Pharmaceutical Co., Ltd., with independent legal personality. It is the industrial base of Zhejiang Kang Pharmaceutical Co., Ltd., a state-owned holding company, with the core technical advantages of new pharmaceutical preparations, focusing on the research and development of new pharmaceutical preparations for urinary, endocrine, digestive and cardiovascular systems.