On February 28, 2020, at 65438, Baoyun Famous Liquor announced that it had completed the Pre-A financing of over 100 million yuan. This round of financing was led by Jingwei China, followed by Admiralty Qi Hong Fund and Liu Qing Capital under CICC Capital.

Baoyun famous wine brand was born in Beijing and was established on May 9, 2020. Baoyun Famous Wine is committed to creating value in all directions, making sauce-flavored wine and famous wine firmly, and creating value in all directions in multi-category market segments based on the wine industry.