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Guizhou Moutai Group absorbed Renshuai Liquor Industry

Yangcheng Evening News reporter Cheng Xinghuan reported: A few days ago, public information shows that Guizhou Renhuai Renshuai Renshuai Liquor Co., Ltd. (hereinafter referred to as "Renshuai Liquor") has been transferred into the asset sequence of Guizhou Moutai Group in the form of free transfer of state-owned assets, and belongs to Guizhou Moutai Distillery (Group) Health Wine Co., Ltd.

According to Tianyan' investigation, the investors of Renshuai Liquor industry have changed from 100% ownership of Guizhou Bridge Construction Group Co., Ltd. before the change to 100% ownership of Moutai Group Health Wine Company. However, in the enterprise group column, there are still the words "Guizhou Transportation Group".

According to the introduction of guizhou bridge construction group co., ltd. to the second-level unit on its official website, Renshuai liquor is a wholly-owned subsidiary of Guizhou bridge group, established in May 2011 with a registered capital of 20 million yuan. Renshuai Liquor is a sauce-flavored liquor production enterprise newly established by Guizhou Bridge Construction Group after the acquisition of the original Baijia surname distillery, which integrates the research and development, production and sales of sauce-flavored liquor, and is the second largest state-owned winemaking enterprise in Maotai Town, which belongs to the key investment attraction project of Renhuai City. At present, the company covers an area of 311.7 acres, with an annual production of more than 600 tons of sauce-flavored liquor, and since it was put into production in 2014 (as of the end of last year), it has produced more than 3,100 tons of sauce-flavored liquor.

In the "14th Five-Year Plan" of Guizhou Province announced at the beginning of this year, it is proposed to create a new competitive advantage in the high-quality tobacco and alcohol industry, which requires further strengthening and optimizing the liquor industry, and strives to build Moutai Group into the first "world's top 500" enterprise and a trillion-level world-class enterprise in Guizhou Province. On the other hand, Moutai Group itself is constantly adjusting and optimizing the competitiveness of various categories and sub-brands to create a large single series. On this basis, relying on Moutai as a sauce wine aircraft carrier merger and integration part of the small and medium-sized liquor enterprises that are not competitive, is a win-win measure.

Source: Yangcheng Evening News

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