In January this year, Chang Yu announced that he would buy about 5% stake in Hengfeng bank at a price of 1 billion 50 million yuan. As of last September 30th, Chang Yu's monetary fund balance was 1 billion 963 million yuan. Zhou Hongjiang, general manager of Shandong wine producer Zhang Yu (000869), said in an interview with reporters that although the investment bank, Zhang Yu will also lock the wine brand.

According to reports, Zhangyu's current grape base has an area of 250 thousand mu, and the Shaanxi Chateau broke ground in March 18th.

Zhou Hongjiang said that the completion of the Zhangyu International Wine R & D and manufacturing center project in 5 years will double the capacity of the company on the existing basis.

　　 No product pricing plan is currently available.

For the development of the "more than 10 years" trademark competition between the the Great Wall and the imperial court, Zhou Hongjiang revealed that the Beijing High Court has informed the plaintiffs and defendants to hold the second hearing in April 13th. He stressed that the "Cabernet" trademark is still in the hands of Chang Yu.

Zhou Hongjiang also said that so far there is no arrangement to raise prices.