Xiapu Haitou Group is state-owned. Xiapu Funing Ocean Investment Development Co., Ltd. (hereinafter referred to as Haitou Company) was authorized by Xiapu County People's Government to complete its registration on April 9, 2020. It is a county-owned company, officially unveiled on April 17, 2007, with a registered capital of 200 million yuan.
Xiapu County, located in the 12th year of Yongzheng in Qing Dynasty (1734), belongs to Funing Prefecture and is located in the northeast of Fujian Province. It was once the political, economic and cultural center of eastern Fujian. The long coastline and numerous islands and ports have become the geographical features of Xiapu.