Capital is pouring into Ningxia wine industry one after another.

During a recent visit to the Ningxia wine region, it is learned that a large number of capital is pouring into the Ningxia wine industry. Among them, Yuanqi Forest has completed the negotiation on the acquisition of Helan Red Winery, Fosun Group will complete the acquisition of Hejinzun Winery, and Gree Electric will also enter the Ningxia wine industry  through the acquisition of the winery.

Helan Red Winery and Hejinzun Winery are both state-owned wineries in Ningxia. Information from the Ningxia Hui Autonomous Region Public Resource Trading Network shows that at the end of March, Ningxia Hejinzun Winery and Ningxia Helanhong Winery successively released listing and transfer information. The transfer bottom price is 92 million RMB  and 280 million RMB respectively, and the deadline for the project is the end of March.