Grace Wine reported revenue of RMB 15.86 million (US$2.34million) for the first half of 2026, down 15.4% year on year. Its loss for the period narrowed only marginally to RMB 2.90million (US$427,000), from RMB 2.90 million (US$428,000) a year earlier. Read More
Yang Lingjiang
Grace Vineyard is now making a sharp turn toward baijiu and beyond, in a sweeping overhaul that could redefine its identity following its ownership change. Read More
China’s—and arguably the world’s—largest alcohol retail chain, 1919 Group, has announced plans to close approximately 1,500 stores, citing a misalignment in business philosophy with some of its franchise partners. Read More