Changyu Wine is a wine produced by Changyu Group. Its predecessor was Changyu Brewing Company, which was founded by Zhang Bishi, a famous patriotic overseas Chinese industrialist, with an investment of 3 million taels of silver in 1892. Changyu Group is the first industrialized wine producer in China. 1994, Yantai Changyu group co., ltd was established. 1997 and 2000, Changyu B shares and A shares were successfully issued and listed, becoming the only listed company in the same industry in China to issue A shares and B shares at the same time.