Qingdao Beer and others established Huazun Liquor Industry Company with a registered capital of 70 million.

The Tianyancha App shows that recently, Qingdao Huazun Liquor Co., Ltd. was established, with Cai Zhiwei as the legal representative. The registered capital is 70 million RMB, and the business scope includes food sales, import and export of goods, brand management, etc. The company is jointly held by Qingdao Beer Co., Ltd. and Singapore Asia Pacific Spirits Alliance Ltd.