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BEIJING, Dec. 20, 2022/PRNewswire/ — China’s top spirits producer Wuliangye Yibin Co., Ltd. held its 26th Annual Convention: Achieving Shared Growth through Discussion and Collaboration on Sunday Yibin City, Southwest China’s Sichuan Province.

The company’s performance in 2022 was reported during the event. Data showed that in the first three quarters of this year, Wuliangye achieved 55.78 billion yuan (about 7.99 billion U.S. dollars) in revenue, up 12.19 percent. year-on-year, earning a net profit of 19.99 billion yuan, up 15.36 percent year-on-year.

According to the company, Wuliangye has maintained double-digit growth in brand value for five consecutive years to the current 364.62 billion yuan, making it the only brand to be awarded “Best Performing Brand in 2022.” “in the Chinese baijiu industry.

The guests who attended the events thought highly of the brand’s achievements and hoped that it would make more contributions to the high-quality development of the industry.

A series of awards were also unveiled during the event to show gratitude to Wuliangye’s brand operators and strategic partners.

Zeng Congqin, Chairman of the Board of Directors of Wuliangye, said the company will continue to establish itself as a world-class spirits producer advanced in products, brand, innovation and governance, to contribute to the modernization of the country and the pursuit of a better life for part of the people

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