Dom> Blog> Wuliangye plans to purchase China Glass Bottle and Glass Glass Bottle Factory

Wuliangye plans to purchase China Glass Bottle and Glass Glass Bottle Factory

October 19, 2022
Wuliangye announced today that it intends to acquire 100% of its direct and indirect equity interest in Sichuan Yibin Puguang Group 3D Co., LTD. (hereinafter referred to as the "3D Company") from Sichuan Yibin Puguang Technology Co., LTD. Push Group in cash. The Company (hereinafter referred to as "Puguang Company") owns 100% of the equity of Puguang Group and the assets and liabilities of the liquor business of Puguang Group. In addition, the Company intends to acquire Global Group Sichuan Yibin Global Glass China Co., LTD. (hereinafter referred to as "Shenzhou Glass") and Sichuan Yibin Global Glass Manufacturing Co., LTD. (hereinafter referred to as "Glass") for cash. 100% equity. Shenzhou Glass is mainly engaged in the development and production of high-end glass bottles, all kinds of packaging bottles, high-grade cartons. The company is also responsible for the production of Wuliangye wine bottles. In the first half of this year, the net assets of the company were 65.2242 million yuan, and the net profit was 29.8951 million yuan.

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Mr. Jarek Yang

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