Yantai Changyu Wine Company Limited - China

The company was Changyu Wine Co., Ltd. Established in 1892, in September 1994, named Yantai Changyu Group Limited. Zhangyu Group will be the net assets of its subsidiary in Yantai, as well as French cognac company Shenma 40% Discount rights as a sponsor of shares issued to foreign investors in listed foreign shares (B), the establishment of the company that exclusively from Yantai Changyu Group initiated a way to raise the stake in the company.