Consumer Staples, Healthcare Jul 01, 2021 07:59 PM (GMT+8) · EqualOcean
In reply to the Shenzhen Stock Exchange's concern letter, Jihong said that the acquisition of Gujiao liquor's equity is feasible. After the completion of the transaction, it can integrate the company's existing sales channels, expand new business areas and increase new profit growth points. It is conducive to the company to expand and extend the upstream industry of Baijiu, comply with the development strategy of Baijiu production and supply and marketing integration, and improve the quality of the company's operations. Finally, it proves to the market that the acquisition does not cater for the hot speculation stock price.

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