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Kiu Hung International Holdings Limited ( (HK:0381) ) just unveiled an announcement.
AOM International Group is moving to scale its new wine business segment after acquiring Fujian Laojiu Investment Co., Ltd., a historic Fujian liquor brand with nearly two centuries of heritage and multiple national quality awards. The brand’s traditional brewing techniques are recognized as National Intangible Cultural Heritage, positioning the Group to blend cultural appeal with contemporary consumer trends in health-conscious dining.
The Group plans to launch Fujian Laojiu Stewed Pot self-operated restaurants and a franchise project in 2026, targeting the growing market for healthy, quality-focused dining amid economic headwinds and fierce competition in traditional restaurants. By investing tens of millions of yuan in a dedicated supply chain and using proprietary medicinal white mold and slow stewing methods, AOM aims to cut costs, enhance store profitability, and build a scalable chain brand spanning baijiu, cooking wines, condiments, beverages, and aged drinking wines.
More about Kiu Hung International Holdings Limited
AOM International Group Company Limited is a Cayman Islands–incorporated company continued in Bermuda, operating through various segments including a recently added wine trading business. Following the acquisition of Fujian Laojiu Investment Co., Ltd. in May 2024, wine trading has become a reportable and operating segment, with a focus on leveraging traditional Fujian liquor brands and expanding into the broader food and beverage market.
Average Trading Volume: 11,437,583
Technical Sentiment Signal: Sell
Current Market Cap: HK$591.6M
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