Li Shi Shi sells Maotai's Eternal Culture Center and liquor inventory | Lianhe Zaobao
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Beverage distributor Ascent Bridge has sold its Moutai Eternal Culture Center and baijiu inventory to local food company Nyonya Heritage. The transaction includes shares of the culture center and baijiu inventory, with a total value of approximately 314,883 yuan. This sale aims to optimize the product portfolio, focus on growth-oriented products, and enhance shareholder value. The company plans to use the proceeds for general operating expenses
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