The problem of Changyu , Changyu B of Changyu

****：200869

**Abbreviation: Changyu B

Company name: Yantai Changyu Grape Wine Co., Ltd. ****.

English name of the company: Yantai Changyu Pioneer Wine Company Limited

Exchange: Shenzhen.

Country of registration: China.

Province: Shandong Province.

City: Yantai City.

Legal representative: Sun Liqiang.

General Manager: Zhou Hongjiang.

Date of Establishment: 1997-04-24

Company Profile: Yantai Changyu Grape & Wine Co., Ltd. **** is a share formed by the merger, reorganization and restructuring of the initiator Yantai Changyu Group **** ("Head Office") with its assets and liabilities related to the operation of liquor business in accordance with the Company Law of the People's Republic of China ("China"). The Company and its subsidiaries (the "Group") are engaged in the production and sale of wine, brandy, champagne and health wine.

The Company was approved by the Shandong Provincial People's ** on April 10, 1997 to be restructured into shares, and by the ***** Management Commission Zheng Wei Fa [1997] No. 52 approved the issuance of 88,000,000 domestically listed foreign shares ("B shares"), which were listed and traded on the Shenzhen ** Stock Exchange on September 23, 1997. On September 18, 1997, the Company obtained the Business License [26718011-9] issued by the Administration for Industry and Commerce of Shandong Province. Approved by the China ** Regulatory Commission Zheng Jian Zi [2000] No. 148, the Company issued 32,000,000 domestically listed RMB ordinary shares ("A Shares") to Chinese investors in October 2000.

The A shares of the Company were listed and traded on the Shenzhen ** Stock Exchange on October 26, 2000.

Business scope: production, processing and sales of wine, distilled spirits, medicinal wines, fruit wines, non-alcoholic beverages, jams, packaging materials, and wine-making machinery; Scope of filing: import and export**.

Sector: Yantai Beverage Manufacturing A shares including B shares All A blue chip 280 UnST sector Restructuring concept stocks New shares additional issuance sector Over-rising.

Release date: 1997-09-01

Issue**: Yuan.

Availability Date: 09/23/1997

Lead underwriter: China Cathay Pacific ****** Everbright ** Co., Ltd.

Auditor: Ernst & Young Huaming Certified Public Accountants.

Accountant: Li Di Qian Xiaoyun.

Legal Counsel: Jin Mao CapitaLand Law Firm.

Asset appraisal agency: Shandong Yantai Certified Public Accountants.

Asset Appraisal and Confirmation Agency: State Administration of State-owned Assets.

Announcement date: 2008-04-18

The predecessor of Changyu Group was "Changyu Brewing Company", which was founded in 1892 by the famous patriotic overseas Chinese industrialist Zhang Bishi with an investment of 3 million taels**, and was the first industrial wine manufacturer in China. In 1994, Yantai Changyu Group was established. In 1997 and 2000, Changyu successfully issued and listed B shares and A shares, becoming the only listed company in the same industry in China to issue both A and B shares.

After more than 110 years of development, Changyu Group has grown into the largest wine production and operation enterprise in China and even Asia, and by the end of 2004, Changyu Group's total assets were 100 million yuan and net assets were 100 million yuan. Changyu Group's main products are hundreds of varieties in four series: wine, brandy, champagne and health wine. The comprehensive market share of its products in the domestic market is more than 20, and it has maintained the first place in the industry for consecutive years.

In 2004, the output of the main products was more than 70,000 tons, the sales revenue was 2.5 billion yuan, the profit and tax was 600 million yuan, and the profit was 300 million yuan. In the 2004 selection of China's Top 100 Wine Companies, Changyu Group ranked seventh in the top 10 wine industry with a total profit and tax of 600 million yuan, which is also the only wine company in the top 10.

In 1892, in order to realize the dream of 18 years of industrial prosperity, Mr. Zhang Bishi, a famous patriotic overseas Chinese leader, successively invested 3 million taels ** to establish Changyu Liquor Company in Yantai, which opened the prelude to China's wine industrialization. After more than 100 years of development, Changyu has developed into the largest wine production and operation enterprise in China and even Asia. In 1997 and 2000, Changyu B shares and A shares were successfully issued and listed, and in July 2002, Changyu was rated as one of the 16 national brands with the most international competitiveness and marching into the world famous brand by the China Federation of Industrial Economics.

In July 2002, Changyu was awarded the title of "Changyu by the China Federation of Industrial Economics" in the 2004 Enterprise Competitiveness Monitoring jointly conducted by the Chinese Academy of Social Sciences and other authoritative institutions, and ranked eighth in the food and wine industry of China's listed companies in the comprehensive competitiveness index, becoming the only wine company in the top 10.