The committee is with the Agriculture, Rural and Water Resources Bureau of the Yuecheng district, of the town of Shaoxing, known since ancient times for producing yellow wine made such as the Nü Er Hong, popularised in martial arts novels and shows.
Oceanus Group has signed an investment intention worth RMB200 million to help grow its alcohol distribution business with a local authority in China.
The agreement is signed with the Shaoxing Huangjiu Town (Dongpu) Development and Construction Management Committee.
