Why Xiamen Haiyi Group was merged?

Into a state-owned company. Xiamen Haiyi Group refers to Xiamen Haiyi Group Co., Ltd., a state-owned enterprise group directly under Xiamen. Its predecessor was Xiamen State-owned Assets Investment Corporation, which was established in 1993. Merger refers to the important practice of merging other enterprises into the enterprise or enterprise group through paid transfer of property rights, making the company merged into a state-owned enterprise, reforming the implementation plan for three years, further optimizing the layout of state-owned capital, and promoting the reorganization and integration of similar businesses and assets.