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: 久色成人网| 成年人看的免费视频 | 午夜影院免费看 | 玖玖在线| av免费毛片| 九一在线视频 | 依人久久| 国产小视频在线观看 | 99中文字幕| 色拍拍视频 | 日韩精品视频中文字幕 | 国产精品久久久久久久久毛片 | 国产精品视频一二三区 | 国内av| 亚洲欧美国产高清va在线播放 | 国产成年人免费视频 | 亚洲色图视频在线观看 | 久久久久久精 | 成人在线亚洲 | 黄色小视频在线播放 | 性做爰过程免费播放 | 亚洲一区在线播放 | 另类毛片 | 自拍偷拍另类 | 中文字幕7 | 日韩一区二区三区免费视频 | 国产成人精品av久久 | 午夜色av | 青青国产视频 | 国产精品美女久久久久久 | 国产成年妇视频 | 国产精品久久免费观看 | 超碰狠狠操| 成人羞羞国产免费 | 特级西西人体444www高清大胆 | 性欧美极品另类 | av高清免费 | 欧美久久久久久久 | 国产精品久久999 | 亚洲免费视频网 | 精品视频免费在线 |