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What is the significance of large state-owned enterprises merging with small state-owned enterprises?
The acquisition of National Day by large state-owned enterprises may be to expand the accessories of large state-owned enterprises' products, that is, to integrate resources and let large state-owned enterprises provide more comprehensive products. Another possibility is that the products of large state-owned enterprises are in the leading position in the industry, and their merger and acquisition of small state-owned enterprises can strengthen their product monopoly market and thus have better pricing power.