Introduction of Yantai ChangYu Group Co. Ltd.

Yantai ChangYu Group Co. Ltd. is a major corporation operating in a wide variety of business interests. It currently holds major holdings in a public company, a subsidiary, owns four wholly-invested subsidiaries as well as its own branch. Initially focused on the production of wine and related products, the company has vigorously expanded into areas including the development of health care wines and Chinese herbs, the processing of liquor and alcohol, import and export, packaging, machinery and glass products.Its products are selling very well in China and more than 20 countries and regions in the world, such as the USA, the Netherlands, Belgium, Korea, Singapore, Malaysia, Thailand, and Hong Kong. Employing more than 4,000 people country-wide, it is a financially powerful company with CNY 2.29 billion of total assets and CNY 1.48 billion net assets. Growing on the basis of Yantai Changyu Pioneer Wine Company, a winery established by a well-known overseas Chinese merchant Mr. Chang Bishi in 1892, the company has been maintaining a track record for over a century.