Is it true that the state bought Yitai Group?

No, the profile information of Yitai Group shows that the group is a private enterprise, mainly engaged in the production and sales of petrochemical, fertilizer, pesticide, new materials and other fields, and it is one of the well-known enterprises in the domestic chemical industry. As of May 20, 2023, the state did not acquire Yitai Group, so the statement that the state acquired Yitai Group was not established. In the era of mixed ownership, enterprises of all kinds of ownership are playing an important role in their respective fields.