Fenglian Group, a subsidiary of Legend Holdings, specializes in liquor brands and is one of the important core assets for Legend Holdings to realize its medium-term strategy. Since its establishment, the company first focused on liquor brands with good development potential and profound cultural heritage in the region, and successfully achieved a series of acquisitions of Hunan Wuling Liquor Industry, Hebei Chengde Ganlong Drunk Wine Industry, Shandong Kongfujia Liquor Industry and Anhui Wangwen Brewing Co., Ltd. within two years. Lu Tong, president of Fenglian Group, which specializes in high-quality wine brands, resigned. Chen Shaopeng, senior vice president of Legend Holdings and president of Wo Jia Group, will also serve as chairman and CEO of Fenglian Group. Fenglian Group and Wo Jia Group will continue to operate independently in the future. Legend Holdings thanked Lu Tong for his contribution to Fenglian Group in the past two years and said, "Lu Tong has a new plan for his career development, and we support it."