Literature Reference: 饴,糖也,从食台声。——《说文解字》 'Yi' means sugar, from the character 'food' and the sound 'tai'. Source from 'Shuowen Jiezi'.
饴: Syrup made from malt, known as maltose or malt sugar: it is called Yitang in Chinese. It is as sweet as malt sugar. In names, it holds no literal significance.
Meaning: The character 'Yi' symbolizes sweetness and happiness, like sugar.