What is the relationship between Xiamen Fuyi and Sina?

A wholly-owned subsidiary. Xiamen Fuyi's main business is Internet advertising operation and consulting services, which is an important strategic component of Sina in the advertising field. Xiamen Fuyi Information Technology Co., Ltd. is a wholly-owned subsidiary of Sina, which was established from 2065438 to April 2007. Sina is one of the leading Internet media companies in China. Established in 1999, headquartered in Beijing, China. Its core businesses are portals, social platforms in Weibo, mobile applications and online advertising. In the field of Internet advertising, Sina is one of the largest and most influential advertising platforms in China, with a huge user base and rich advertising resources.