Group 1 - The core viewpoint of the article is that Xiamen Port Authority (03378.HK) has entered into a merger agreement with Xiamen Port Investment Operation Co., Ltd., which will result in the absorption of the company by the offeror under Chinese company law [1] - The offeror will pay a cash cancellation price of HKD 2.25 per H-share to H-share shareholders, representing a premium of approximately 55.17% over the closing price of HKD 1.45 on May 26 [1] - For domestic shareholders, the cancellation price will be RMB 1.923795 per domestic share [1] Group 2 - The reasons and benefits for the merger include the limited overseas financing capabilities of the company as a listed platform, the long-term business development advantages, and the opportunity for H-share shareholders to exit at a premium due to the delisting of H-shares [1] - The offeror is wholly owned by Xiamen Port Holdings, which in turn is fully owned by Fujian Port Group, controlled by the Fujian Provincial State-owned Assets Supervision and Administration Commission [1] - The company has applied to the Stock Exchange for the resumption of trading of H-shares starting from 9:00 AM on June 6, 2022 [1]