日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

First foreign firm to buy into baijiu sector

By Diao Ying (China Daily)
Updated: 2006-12-13 08:49

A Chinese holding company has sold its 43 per cent share of the parent firm of Chengdu Swellfun Co Ltd yesterday to a foreign invested alcohol maker, marking the first possible foreign entry into China's spirits industry.

Chengdu Yingsheng Investment Holding Corp announced it would sell its 43 per cent stake in Chengdu Quanxing Group to the world's largest alcohol beverage manufacturer, Diageo Highlands Holding BV. Quanxing is the parent company of Swellfun, a maker of traditional Chinese liquor, or baijiu.

Neither of the companies released the price of the deal.

If approved, the deal will make Swellfun the first baijiu brand with foreign interests.

In the foreign investment industry directory released by the Ministry of Commerce, baijiu is listed in the category of "limited," which means the deal has to pass a series of examinations before final approval.

Under the agreement, Diageo will help develop the international market for Swellfun.

"Diageo will help to develop the international market for the Swellfun brand, and it will also provide technical and other support to Quanxing," said Michael Lu, a spokesman for Diageo China.

Baijiu, literally meaning "white liquor," is the most popular spirit in China. The total export value of Swellfun was 2.7 million yuan (US$344,000) in the first half of 2006. A report by the company showed it has achieved an increase as high as 180 per cent year-on-year.

"The deal, if successful, would bring benefits to both sides, especially Diageo," said Dong Junfeng, an analyst from Galaxy Securities.

London-headquartered Diageo holds over 30 per cent of the world's spirits market with over 10 brands, including Baileys, Johnnie Walker and Guinness.

Its market proportion in China, however, is lower than French alcohol maker Pernod Ricard Group.

If the acquisition succeeds, it may surpass the French firm in the Chinese market, and even compete with domestic traditional liquor manufacturers such as Wuliangye Yibin Co.

The past decade has seen a boom in baijiu sales in China. The sector has increased 20 per cent in the last 15 years, and the China Alcoholic Drinks Industry Association estimates an annual rise of 15 per cent for the next five years.

"Diageo believes that it has found the best possible partner through which to deepen its commitment to the Chinese market," spokesman Lu said in a statement.
12  

(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 亚洲精品在线免费观看视频 | 欧美一级日韩一级 | 一级α片| 国产成人精品免费视频 | 亚洲一区二区三区高清 | 好吊色网站 | 精品视频网站 | 日韩一区二区三区在线 | 少妇太爽了在线观看 | 国产精品福利在线 | 日本中文字幕在线观看 | 好吊妞这里只有精品 | 99在线免费观看视频 | 日韩黄色小视频 | 成人中文在线 | 激情午夜天 | www.xxxx国产 | 亚洲一区二区色 | 亚洲精品播放 | 天天操国产| h片在线免费看 | 久久综合五月天 | 久久久久免费看 | 免费在线观看亚洲 | 成人午夜免费观看 | 亚洲女人初尝黑人巨大 | 欧美一级欧美三级 | 日韩成人中文字幕 | 日韩精品中文字幕在线 | 高清成人在线 | 日本va欧美va欧美va精品 | 在线免费国产视频 | 蜜桃毛片 | 欧美三级视频在线观看 | 成人羞羞国产免费 | 青青草在线免费视频 | 久久国产精品久久久 | 国产永久在线观看 | 欧美特级黄 | 美丽姑娘在线观看免费 | 国产精品日韩一区二区 |