State-owned enterprises According to the information of official website of the State Administration for Industry and Commerce, the company's capital is all funded by the state and owned by state-owned enterprises. It is an organization established to engage in production and business activities and belongs to state-owned enterprises. The business scope of Huatai Insurance Brokerage Co., Ltd. includes providing customers with disaster prevention, loss prevention or risk assessment and risk management consulting services, drawing up insurance plans for policyholders and handling insurance procedures.