Wuliangye Group established a supply chain management company in Hainan with a registered capital of 1 billion.

Tianyancha business information shows that on December 16th, Hainan Haixinrong Supply Chain Management Co., Ltd. was established, with Ye Xi as the legal representative and a registered capital of 100 million RMB. Its business scope includes food sales, genetically modified cotton seed operation, agricultural seed operation, liquor sales, daily chemical product sales, grain sales, edible agricultural product wholesale, edible agricultural product retail, import and export agency, food import and export, and agricultural and sideline product sales. Shareholder information shows that the company is wholly owned by Sichuan Wuliangye Material Production Co., Ltd.