Yantai Changyu Pioneer Wine Company Limited is principally engaged in the manufacture and sale of wine and alcoholic beverage. The Company mainly offers four categories of products: wine, including dry red, dry white and sweet wine; brandy, such as PEGASE XO Brandy, PEGASE VSOP Brandy, PEGASE 12-year Brandy, XO Brandy, VSOP Brandy, Changyu VSOP, 4-star Brandy and 3-star Brandy; healthy liquor, including Specially-made Spirit of Triple Testis and Supreme Treasure Spirit of Triple Testis, and sparkling wine, such as Star Shield Tank-fermented Sparkling Wine. The Company mainly distributes its products in China coastal areas, middle areas and western areas.