Jiangsu King's Luck Brewery Joint-Stock Co Ltd
SSE:603369
Jiangsu King's Luck Brewery Joint-Stock Co Ltd's latest stock split occurred on May 6, 2016
The company executed a 5-for-2 stock split, meaning that for every 2 shares held, investors received 5 new shares.
Before the split, Jiangsu King's Luck Brewery Joint-Stock Co Ltd traded at 41.05 per share. Afterward, the share price was about 14.208.
The adjusted shares began trading on May 6, 2016. This was the only stock split in Jiangsu King's Luck Brewery Joint-Stock Co Ltd's history.
WTO
Jiangsu King's Luck Brewery Joint-Stock Co Ltd
Glance View
In the heart of Jiangsu Province, the scent of tradition mingles with the crisp aroma of modern innovation at Jiangsu King's Luck Brewery Joint-Stock Co., Ltd. Founded in 1992, this brewery embarked on a journey that would see it brew not just liquor but a legacy. Specializing in premium baijiu—China’s quintessential white spirit—King’s Luck has woven its identity into the very fabric of Chinese cultural celebrations and dining experiences. The company meticulously balances ancient craftsmanship with contemporary techniques, ensuring each bottle of baijiu encapsulates exquisite taste and cultural richness. Through a mix of high-quality sorghum, wheat, and strategic fermentation processes, King's Luck produces and markets a portfolio that includes its flagship product, the Guoyuan series, appealing to both traditional enthusiasts and new-age consumers. The company's revenue streams are intricately tied to its ability to maintain a premium position in the robust Chinese alcohol market, one that is both competitive and steeped in historical significance. By capitalizing on its brand's reputation, which promises both heritage and high quality, Jiangsu King's Luck secures its foothold not just through direct sales but also through strategic collaborations and partnerships extending across China. It distributes its products via a well-orchestrated network of distributors, enhancing its reach in both urban and rural areas. With an eye toward expansion, both in product range and market geography, King’s Luck continues to fine-tune its blend of innovation and tradition, navigating the evolving palate of a nation while celebrating the timeless allure of baijiu.
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