Tianyoude Liquor (002646.SZ) subsidiary Tibet Alajiaobao Liquor Industry plans to implement a winery expansion project with an investment of 160 million yuan.

Translated to News from the Securities Times APP, Tianyoude Liquor (002646.SZ) announced that its wholly-owned subsidiary Tibet Alajiaobao Liquor Industry Co., Ltd. plans to invest 160 million yuan in self-raised funds to implement the winery expansion project for Tibet Alajiaobao Liquor Industry Co., Ltd.