American Weihao Investing Company signed a contract with Weihai Beer Group to set up Weihai Weihao Winery Co., Ltd. The item which was invested 12.8 million dollars was launched to Wendeng city. It will mainly produce grape juice and wines and sell wines.

American Weihao Investing Company was the first Chinese wine enterprise invested by America. American wine industry attached great importance to it. It'll introduce brewing technologies from Napa Valley, California. It's useful for Weihai to improve its development of agriculture.