Build Hunan Sales Company alcoholic liquor consolidate base Area market (figure)

After a strong foray into the North China market, alcoholic drinks (000799) began to further consolidate its base market. The company announced today, the holding subsidiary of Alcoholic Liquor Supply and marketing company in May 6, 2010 with Changde Prosperity Industrial Co., Ltd., Hunan Heng and Business Development Co., Ltd., Chenzhou Jie Xiang Trade Co., Ltd., Xiangxi Prefecture harmonious Wine Marketing Co., Ltd., Zhangjiajie Jinxiang Wine Co., Ltd., Hunan Province, Tak Tai Wine Food Co., Ltd.,　　Mengbishong, Zhou Fulian, Peng Lihua and so on in Hunan province Ningxiang County signed the "alcoholic liquor Hunan Sales Co., Ltd. Cooperation agreement", jointly funded the preparation of the establishment of alcoholic drinks Hunan sales company. After that, the alcoholic liquor Hunan Sales Company held a plenary meeting at Changsha Huatian Hotel on May 31, the shareholders decided to jointly invest in the formation of alcoholic liquor Hunan Sales Company, registered capital of 95.5 million yuan, the election of Xu Cochang, Wang Ziquan, Fan Zhen, Chen Shangzhi and other 9 for the company directors for three years. The plenary meeting of the Board of Directors of the same day elected Xu Cochang as the company's chairman, the company's legal representative, the election of Fan Zhen, Chen Shangzhi, Wang Ziquan as vice chairman of the company, the appointment of Su Xiaoying for the company general manager.　　July 1, alcoholic drinks Hunan Sales company obtains the business license of enterprise legal person, completes the business registration formalities.　　The announcement shows that the alcoholic liquor supply and marketing company with 20 million yuan of capital to hold alcoholic liquor Hunan Sales company 20.95% shares, as the largest shareholder; natural person Wang Ziquan to 15 million yuan of capital to hold 15.71% shares, Chen Shangzhi 12 million yuan to hold 12.57% shares, respectively, the second and third largest shareholder. Each investment shareholder agrees, alcoholic drinks Hunan Sales company distributor shareholders can be held by the amount of capital as collateral, to alcoholic drinks Hunan sales company credit products, credit limit of 80% of the amount of capital contribution, the account period of 60 days, extended credit line by 1% of the monthly interest, less than one months by one months calculation,　　The specific operating rules shall be decided by the shareholders of the company; alcoholic drinks the shareholders of Hunan Sales company take part in the company's dividend by the amount of their actual contribution and sales contributions, and the proportion of the contribution and the contributions of the sales shall be agreed by the shareholders ' meeting and written into the Articles of association. Alcoholic beverages said that the foreign investment is mainly to further consolidate and develop Hunan local sales market, reform and optimize the ownership structure, governance model and operating mechanism of the marketing organization, introduce new operation mechanism and check and balance mechanism, set up the manufacturer value and benefit community, stabilize the marketing policy, stabilize the distributor, stabilize the marketing team and the operating achievement.