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What do Fenjiu Co., Ltd. and Fenjiu Group mean?

Fenjiu Co., Ltd. is a subsidiary of Fenjiu Group. Shanxi Xinghuacun Fenjiu Group Co., Ltd. is a wholly state-owned company. Its main business is the production and operation of Chinese famous liquors - Fenjiu and Zhuye Qingjiu. Its annual output of famous liquor is 5 million tons, it is one of the largest famous and high-quality liquor production bases in the country.

Xifen Liquor is a listed company whose main business is liquor and has the highest proportion of state-owned shares. The group’s shareholding ratio is as high as 69.97%. An excessive proportion of state-owned shares will lead to a single shareholder and lack of market flexibility. As Shanxi Fenjiu continues to suspend trading, Shanxi Fenjiu will introduce strategic investors. Fenjiu Group's state-owned enterprise reform has entered a substantial stage. In the future, Shanxi Fenjiu will achieve equity diversification to improve corporate mechanisms and enhance market vitality.

Extended information:

Shanxi Xinghuacun Fenjiu Group Co., Ltd. is a wholly state-owned company. Its main business is the production and operation of Chinese famous liquors - Fenjiu and Zhuye Qingjiu. It produces famous and high-quality liquor annually. With a production capacity of 50,000 tons, it is one of the largest famous liquor production bases in the country and is now directly supervised by the State-owned Assets Supervision and Administration Commission of the People's Government of Shanxi Province.

The group company has 22 subsidiaries and branches with 8,000 employees, covering an area of ??2.3 million square meters and a construction area of ??760,000 square meters. The core enterprise Fenjiu Factory Co., Ltd. is the company's largest wholly-owned subsidiary. It was listed on the Shanghai Stock Exchange in 1993. It is the first liquor stock in China and the first stock in Shanxi.

The company owns two well-known Chinese trademarks, "Xinghuacun" and "Zhuyeqing". According to the 2006 "China's 500 Most Valuable Brands Ranking", the brand value of "Xinghuacun" has reached 4.776 billion yuan. The company's leading products include six series: Fenjiu, Zhuye Qingjiu, Rose Fenjiu, White Jade Fenjiu, wine and beer. Fenjiu is a typical representative of my country's light-flavor liquor. It is famous for its smooth entrance, sweet finish, lingering fragrance after drinking, and long aftertaste. It enjoys high popularity, reputation and loyalty at home and abroad. The main varieties include Guozang Fenjiu, Blue and White Porcelain Fenjiu, Chinese Fenjiu, Laobai Fenjiu, etc. Bamboo Leaf Green Wine is the only famous Chinese health-care wine recognized by the Ministry of Health.

In 2008, the sales revenue was 3.3 billion yuan, profits and taxes were 1.07 billion yuan, and profits were 380 million yuan.

In November 2012, Fenjiu Group’s sales revenue exceeded 10 billion yuan, reaching 10.018 billion yuan. It achieved the 10 billion target set in the "Twelfth Five-Year Plan" three years ahead of schedule, and used its excellent results to serve the "Party" The 18th National Congress of the Communist Party of China presented a generous gift.