During the corresponding time, Hong Yuan Holding Group saw a revenue deteriorated by -81.87 % year on year, sequentially revenue fell by -80.63 %. While revenue at the Hong Yuan Holding Group's corporate clients
Hong Yuan Holding Group's Comment on Sales, Marketing and Customers
The company provides services to store partners and members through regional service partners responsible for locating and operating stores. Its customers include Changshunyuan E-commerce (Sichuan) Co., Ltd., a client of Rongcheng (Sichuan) Supply Chain Management Co., Ltd. The company serves market segments focused on mid-to-low-end white and red wines from major brands. It plans to expand its product offerings to include tea, beverages, rice, cooking oil, cigarettes, local specialties, seasonal products, Northeast rice, mid-to-high-end gifts such as world-renowned cosmetic brands, and a range of brand tiers including first-, second-, and third-tier brands, as well as private label products.
Partner brands in Chinese liquor and wine include Moutai, Wuliangye, Luzhou Laojiao, Jiannanchun, Shede, Xijiu, Langjiu, Jinsha, Jingjiu, Fenjiu, ShixianTaibai, Jiang Xiaobai, Great Wall, Tredo, Ailisong, and Claire Valley. Tea and beverage strategic cooperation brands include Zhongcha and Nongfu Spring, offering over ten premium tea varieties and best-selling beverages under Nongfu Spring. The main sales channels consist of partners and members served through store service providers and other trading companies, including high-quality e-commerce platforms and companies with long-term cooperative relationships.
Hong Yuan Holding Group’s Comment on Sales, Marketing and Customers
The company provides services to store partners and members through regional service partners responsible for locating and operating stores. Its customers include Changshunyuan E-commerce (Sichuan) Co., Ltd., a client of Rongcheng (Sichuan) Supply Chain Management Co., Ltd. The company serves market segments focused on mid-to-low-end white and red wines from major brands. It plans to expand its product offerings to include tea, beverages, rice, cooking oil, cigarettes, local specialties, seasonal products, Northeast rice, mid-to-high-end gifts such as world-renowned cosmetic brands, and a range of brand tiers including first-, second-, and third-tier brands, as well as private label products.
Partner brands in Chinese liquor and wine include Moutai, Wuliangye, Luzhou Laojiao, Jiannanchun, Shede, Xijiu, Langjiu, Jinsha, Jingjiu, Fenjiu, ShixianTaibai, Jiang Xiaobai, Great Wall, Tredo, Ailisong, and Claire Valley. Tea and beverage strategic cooperation brands include Zhongcha and Nongfu Spring, offering over ten premium tea varieties and best-selling beverages under Nongfu Spring. The main sales channels consist of partners and members served through store service providers and other trading companies, including high-quality e-commerce platforms and companies with long-term cooperative relationships.
Sources:
Hong Yuan Holding Group’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Hong Yuan Holding Group’s corporate clients.
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