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Is Red Star Erguotou state-owned or privately owned?

Belonging to a state-owned enterprise in Beijing,

Beijing Red Star Co., Ltd. is a famous Chinese time-honored enterprise. The Red Star trademark is a well-known trademark in China, and Red Star’s unique “Beijing Erguotou Traditional Brewing Technique” is a national intangible cultural heritage. It was founded in May 1949 as my country's first state-owned winery prepared by the Central Taxation Bureau. At that time, it incorporated 12 time-honored wine workshops in the suburbs of Beijing, including Longquan and Yonghecheng, and brought together winemaking talents and technology. "Red Star" "It fully inherits the traditional brewing technology of Erguotou, Beijing.