Is Haian Ruihai Group a state-owned enterprise?

No. According to the query of relevant information, Haian Ruihai is affiliated to Jiangsu Ruihai Investment Holding Group Co., Ltd. The type of enterprise is a wholly-owned limited liability company invested or controlled by a non-natural person, and is not a state-owned enterprise. Jiangsu Ruihai Investment Holding Group Co., Ltd. was registered and established at the Hai'an County Market Supervision and Administration Bureau on December 31, 2013. The company's business scope includes investment in urban infrastructure, transportation infrastructure, and municipal public projects.