Yantai Changyu Pioneer Wine Co Ltd
SZSE:000869
Yantai Changyu Pioneer Wine Co Ltd's latest stock split occurred on Jun 18, 2012
The company executed a 13-for-10 stock split, meaning that for every 10 shares held, investors received 13 new shares.
Before the split, Yantai Changyu Pioneer Wine Co Ltd traded at 94 per share. Afterward, the share price was about 60.6362.
The adjusted shares began trading on Jun 18, 2012. This was Yantai Changyu Pioneer Wine Co Ltd's 4th stock split, following the previous one in May 16, 2006.
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Yantai Changyu Pioneer Wine Co Ltd
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Yantai Changyu Pioneer Wine Co Ltd, rooted in China's rich historical tapestry, stands as a testament to the country's evolving viniculture landscape. Founded in 1892 by the visionary diplomat Zhang Bishi, the winery quickly embarked on a journey that would see it blend traditional winemaking with modern techniques. Nestled in the coastal city of Yantai, known for its distinct climate conducive to grape cultivation, Changyu has tapped into this geographical advantage, nurturing vineyards that produce a diverse range of grape varietals. The company primarily generates revenue through the production and sale of its extensive wine portfolio, which includes both traditional Chinese offerings and internationally recognized wines. This combination of local craftsmanship and global appeal allows Changyu to cater to a wide array of palates, thus broadening its market reach both domestically and internationally. In its pursuit of wine excellence, Changyu has made strategic investments in technology and collaborations, highlighting partnerships with renowned European wineries. This approach not only elevates the quality of its offerings but also ensures adherence to international standards, making its wines competitive on a global stage. By maintaining a dynamic distribution network and leveraging China's growing middle-class demand for premium products, Changyu efficiently moves its products through retail channels, distributors, and direct sales, sustaining a robust sales pipeline. The company's brand strength is further bolstered through well-orchestrated marketing endeavors, wine tourism ventures, and an expanding portfolio of products including brandy and other spirits. Together, these elements construct a sustainable business model that seamlessly blends heritage with innovation, ensuring Yantai Changyu Pioneer Wine Co Ltd remains at the forefront of the wine industry in China and beyond.
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