Hebei Hengshui Laobaigan Brewing (Group) Co., Ltd. was established in 1996 1 1. Its predecessor was Hebei Hengshui Laobaigan Distillery, which was founded in 1946. After the liberation of Hengshui, the party and the government nationalized 18 individual breweries at that time and established the "Jinan Administrative Office State-owned Brewery". After 60 years of development, the scale has been expanding, and now it has become the largest producer in China liquor industry, with 4,000 employees and total assets of 900 million yuan, covering an area of 2,000 mu.
Of course, state-owned enterprises! There is no doubt!