Related News
Cheers to new liquor sales setup
By Ding Yining |
July 14, 2009, Tuesday
|
Print Edition
Print Edition
WULIANGYE Yibin Co, the second-biggest liquor maker by market value, said it will establish a sales company with its parent to replace a subsidiary in a bid to boost liquor sales.
The liquor maker and its parent, Wuliangye Group, will set up Wuliangye Yibin Liquor Sales Co Ltd. The new firm will have a registered capital of 50 million yuan (US$7.3 million) and Wuliangye Yibin Co will own 80 percent of the firm.
The new company will take over the sales of liquor products in the domestic and overseas markets and is expected to start operations later this month, it said in a statement to the Shenzhen Stock Exchange yesterday.
It will replace the Import and Export Co Ltd of Wuliangye Group, a subsidiary, the statement said.
"The set up of the company will boost the production and sales of the listed firm," Hu Chunxia, an analyst at Guotai Jun'an Securities, wrote.
The liquor maker and its parent, Wuliangye Group, will set up Wuliangye Yibin Liquor Sales Co Ltd. The new firm will have a registered capital of 50 million yuan (US$7.3 million) and Wuliangye Yibin Co will own 80 percent of the firm.
The new company will take over the sales of liquor products in the domestic and overseas markets and is expected to start operations later this month, it said in a statement to the Shenzhen Stock Exchange yesterday.
It will replace the Import and Export Co Ltd of Wuliangye Group, a subsidiary, the statement said.
"The set up of the company will boost the production and sales of the listed firm," Hu Chunxia, an analyst at Guotai Jun'an Securities, wrote.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
