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Is Lianhuan Pharmaceutical a State-owned Enterprise or a Private Enterprise?
State-owned enterprises

Official website, an inquiry company, shows that Jiangsu Lianhuan Pharmaceutical Co., Ltd. was born in 1999 and founded by Yangzhou Pharmaceutical Factory in 1958. In March 2003, the company realized the listing of A shares. After years of reform, innovation and development, Jiangsu Lianhuan Pharmaceutical Co., Ltd. has grown into a national high-tech enterprise integrating R&D, production and sales, and ranks among the top 100 pharmaceutical enterprises in China.