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 Hebei Hengshui Laobaigan Liquor-making (Group) Co., Ltd. established in November 1996, which originated from Hebei Hengshui Laobaigan distillery composed by 18 traditional private liquor-making workshops purchased by the government in 1946. With the development of over fifty years, it has developed into a state-owned large-scale and 1st grade enterprise, the biggest laobaigan-flavor liquor maker in china as its scale is becoming larger and larger. Now it possesses more than 4000 workers and staff, total assets of 560 million Yuan RMB, covers the area of 1700 acre. The annual production capacity of main products is: 20 thousand tons of liquor, 80 thousand tons of beer, 60 thousand tons of feed, 6 thousand tons of soft drink and 100 thousand suits of dresse. Annual output value is 230 billion Yuan RMB, sales revenue is 320 million Yuan RMB with profit and tax up to 68 million Yuan RMB. The group company owns one holding company (Hebei Yufeng Industrial PLC.), five subsidiaries and one joint - stock company.
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