What is the relationship between Quanxing and Fang Shuijing?

Fang Shuijing was founded by Quanxing Company.

Sichuan Fang Shuijing Co., Ltd., formerly known as Sichuan Pharmaceutical Co., Ltd. and Sichuan Quanxing Co., Ltd., is a private placement company approved by the Chengdu Economic Restructuring Commission. 1993+02.

For Yu Quanxing, on the one hand, it absorbed the ancient brewing technology and experience, on the other hand, it also took this opportunity to introduce a new wine-Fang Shuijing. With the reputation of this ancient winemaking workshop, Fang Shuijing wines sold well as soon as they went on the market. Quanxing also renamed Quanxing Shares listed on the Shanghai Stock Exchange as "Fang Shuijing".

Enterprise background

Quanxing Group not only owned 39.7 1% equity of Fang Shuijing at that time, but also owned Quanxing Daqu liquor. Therefore, Quanxing Group split the two wine trademarks, but for Diageo, it bypassed the regulations and turned to Fang Shuijing as the holding company.

Until 20 1 1, Shanghai Sugar Industry Tobacco and Alcohol Co., Ltd. occupied 67% of the shares of Quanxing Group. Therefore, it has the relative right to use Quanxing Daqu, and Fang Shuijing and Quanxing Daqu also went in two different directions. Fang Shuijing has become a foreign capital and is on the rise, while Quanxing Daqu is still active in the domestic mid-end market.

Reference to the above content: Baidu Encyclopedia-Fang Shuijing