According to the survey of official website, Ruihua Insurance is not a state-owned enterprise. Ruihua Insurance is a joint-stock private enterprise, and its shareholders do not meet the definition of state-owned enterprises. State-owned enterprises generally refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively. Although Ruihua Insurance is not a state-owned enterprise, its business scope is extensive, including property insurance, health insurance, life insurance and other fields. Ruihua Insurance, as a powerful insurance company, has a certain share and influence in the market.