Tianyoude's subsidiary, Tibet Alajabao Wine Industry, plans to invest 160 million yuan to implement a winery expansion and renovation project
TIANYOUDE's wholly-owned subsidiary, Tibet Alajabao Liquor Industry, plans to invest 160 million yuan in a winery renovation and expansion project. The project includes the construction of a personalized customization center, a barley liquor brewing workshop, a 1,000-ton barley steel warehouse, a 600T/a fragrant Daqu production workshop, a 3,000-ton ceramic jar storage warehouse, additional production lines for the packaging workshop, office building renovations, and cultural experience exhibition facilities, as well as overall modifications to the factory's exterior and landscape
According to the Zhitong Finance APP, TIANYOUDE (002646.SZ) announced that its wholly-owned subsidiary, Tibet Alajabao Liquor Co., Ltd., plans to invest 160 million yuan using self-raised funds to implement a winery renovation and expansion project.
The project will include the construction of a personalized customization center; a brewing workshop for barley liquor; a 1,000-ton barley steel warehouse and supporting facilities; a 600T/a fragrant Daqu production workshop; a 3,000-ton ceramic jar storage warehouse; an additional production line in the packaging workshop; renovation of the office building and cultural experience exhibition; auxiliary rooms and other ancillary facilities, as well as overall renovation of the factory's exterior and landscape
