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Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Policy Acquisition Expense


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What is Shanxi Xinghuacun Fen Wine Factory Co Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Business Description

Traded in Other Exchanges
N/A
Address
Xinghua Village, Fenyang County, Shanxi, Lvliang, CHN, 032205
Shanxi Fen Wine, or Fen Wine, is a typical light-flavored baijiu, featuring a fresher, lighter, and purer-taste compared with jiang-flavored and rich-flavored spirits. The company offers a comprehensive product portfolio, covering sub-premium, mid- to high range, and low-end products. The Fen series contributed about 90% of the company's sales revenue in 2022, including sub-premium brand Qinghua, midrange products Panama and Laobaifen, and low-end Bofen. The State-Owned Assets Supervision and Administration Commission of Shanxi province controls 51% of Fen Wine.