According to the enterprise survey, Shandong Xinhua Health Industry Co., Ltd. was established in May 14 as a joint venture between Taiwan, Hong Kong and Macao. A state-owned enterprise that is not wholly owned or controlled by the state is not a state-owned enterprise. The company's main business is orthopedic equipment related products, such as orthopedic sterilization boxes, orthopedic tools, orthopedic consumables, orthopedic implants and so on. Xinhua medical is one of the shareholders of Shandong Xinhua Health Industry Co., Ltd.