Luzhou Laojiao
Luzhou Laojiao
The rushing Yangtze River and Tuojiang River have nurtured the birthplace of strong-flavored liquor - Luzhou City, Sichuan Province. "Wine is famous for the city, and the city is prosperous with wine." Luzhou Laojiao was born and developed here, becoming a modern "Luzhou Laojiao Group Co., Ltd." (hereinafter referred to as Laojiao Group) and "Luzhou Laojiao Co., Ltd." (hereinafter referred to as: Laojiao Co., Ltd.).
In 2021, Luzhou Laojiao achieved operating income of 79.014 billion yuan and total profit of 14.71 billion yuan. Among them, Laojiao Co., Ltd. achieved revenue of 20.642 billion yuan, a year-on-year increase of 23.96%; and achieved net profit of 7.956 billion yuan, a year-on-year increase of 32.47%. In the first three quarters of 2022, Luzhou Laojiao achieved operating income of 63.865 billion yuan and total profit of 13.386 billion yuan. Among them, Laojiao Co., Ltd. achieved revenue of 17.525 billion yuan, a year-on-year increase of 24.20%; and achieved net profit of 8.217 billion yuan, a year-on-year increase of 30.94%.
Luzhou Laojiao has become a strong state-owned large backbone enterprise, a nationally renowned enterprise, and a top 500 enterprise in China.
Luzhou Laojiao is the pioneer of strong fragrance technology, the developer of strong fragrance standards and the creator of strong fragrance brands. It is known as the "founder of strong fragrance". After the founding of the People's Republic of China, the "Qujiu City, Sichuan Province" was established on the basis of 36 brewing workshops in the Ming and Qing Dynasties; in 1994, the "Qujiu City, Sichuan Province" was reorganized and listed and officially renamed "Lujiu Laojiao Co., Ltd." , becoming the first enterprise in the national winemaking industry to implement a joint-stock system.
Luzhou Laojiao Group Co., Ltd. was established in December 2000 and is a wholly-owned state-owned enterprise. In September 2009, the Municipal State-owned Assets Supervision and Administration Commission transferred the shares held by Luzhou Laojiao to Luzhou Laojiao Group for free, and Laojiao Group and Laojiao Shares constitute a parent-subsidiary relationship in the equity structure. In recent years, Laojiao Group has the vision of "becoming a world-class financial holding group with global influence", and has "dual-wheel drive" in industry and finance, focusing on the core business of the wine industry and creating an ecologically dominant industrial chain." "Chain owner" enterprises lead the construction of a modern industrial ecosystem and world-class industrial clusters.
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