Heilaohu, the roots of Kadsura coccinea, has been used in Tujia ethnomedicine to treat rheumatic arthritis (RA). Heilaohuacid G (1), a new 3,4‐seco‐lanostane type triterpenoid isolated from the ethanol extract of Heilaohu, whose structure was determined using HR‐ESI‐MS data, NMR spectroscopic analyses, and ECD calculations. In this study, our purpose is to elucidate the mechanisms of Heilaohuacid G in the treatment of RA by inhibited proliferation of rheumatoid arthritis‐fibroblastoid synovial (RA‐FLS) cells and inhibited the inflammatory reactions in LPS‐induced RA‐FLS and RAW 264.7 cell lines via inhibiting NF‐κB pathway. The biological activity screening experiments indicated that Heilaohuacid G significantly inhibited proliferation of RA‐FLS cells with IC50 value of 8.16 ± 0.47 μM. CCK‐8 assay, ELISA, flow cytometry assay, and Western blot were used to measure the changes of cell viability, apoptosis, and the release of inflammatory cytokines. Heilaohuacid G was found not only induced RA‐FLS cell apoptosis, but also inhibited the inflammatory reactions in LPS‐induced RA‐FLS and RAW 264.7 cell lines via inhibiting NF‐κB pathway. Furthermore, Heilaohuacid G (p.o.) at doses of 3.0, 6.0, and 12.0 mg/kg and the ethanol extracts of Heilaohu (p.o.) at doses of 200, 400, and 800 mg/kg both were confirmed antiinflammatory effects on xylene‐induced ear mice edema model.