Yantai Changyu Pioneer Wine Company Limited (SZSE:200869) sign the Equity Transfer Agreement to acquire 49% stake in Chateau Liaoning Changyu Ice Wine Co., Ltd from Canada Oros Icewine Co., Ltd. and Huanren Manchu Autonomous County Oros Chateau Co., Ltd. for CNY 32.75 million on January 16, 2023. The transaction was approved by the 4th meeting of the 9th board of directors of Yantai Changyu Pioneer Wine Company Limited. For the year ended, December 31, 2022, Chateau Liaoning Changyu Ice Wine Co., Ltd Total asset is CNY 67.3727 million, operating revenue is CNY 17.04 million and net profit is CNY -3.3955 million.