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Shede Aged Baijiu Festival Debuts in Malaysia and Singapore – Fosun Empowers Shede Spirits to Share Its Aroma with the World
Shede Aged Baijiu Festival Debuts in Malaysia and Singapore – Fosun Empowers Shede Spirits to Share Its Aroma with the World

The Sun

time05-08-2025

  • Business
  • The Sun

Shede Aged Baijiu Festival Debuts in Malaysia and Singapore – Fosun Empowers Shede Spirits to Share Its Aroma with the World

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 5 August 2025 - On August 3, the Shede Aged Baijiu Festival was staged in Malaysia, following its successful Singapore edition. Once again, Shede Spirits celebrated baijiu as a cultural bridge to advance its expansion in Southeast Asia, hosting a series of high-profile events to actively promote Chinese baijiu culture on the global stage. Distinguished guests included Lee Thai Hung, Deputy Director-General of Tourism Malaysia; Datuk Chong Sin Woon, Secretary-General of the Malaysian Chinese Association (MCA); Prof. Dr. Choong Chee Keong, Vice President of Universiti Tunku Abdul Rahman (UTAR); Guo Guangchang, Chairman of Fosun International; Pu Jizhou, Chairman of Shede Spirits; Wu Yifei, Co-Chairman of Shede Spirits; Tang Hui, President of Shede Spirits; Yang Xiao, Chairman of Mix Company; along with representatives from Malaysian business circles, distributors, media, and collectors and aficionados of aged baijiu. At the event, Lee Thai Hung, Deputy Director-General of Tourism Malaysia, lauded Shede Spirits for its role in fostering China–Malaysia cultural exchange and charitable initiatives. He noted that the 'Shede Spirit' resonates strongly with Malaysia's vision of integrating culture and tourism, fulfilling social responsibilities, and deepening bilateral friendship. He expressed the hope that more leading Chinese enterprises would join in advancing cooperation between the two nations. Guo Guangchang, Chairman of Fosun International, reaffirmed Fosun's commitment to propelling Shede Spirits and Chinese baijiu culture onto the world stage. He highlighted Shede's recent strides in production capacity and R&D infrastructure, which underpin the brand's long-term growth under its aged-baijiu strategy. Guided by the principle of long-termism, Fosun will continue to support Shede's sustainable development by harnessing both domestic and international platform resources—deepening its footprint in China while accelerating overseas expansion. Guo emphasized Southeast Asia's deep-rooted Chinese communities and natural affinity for baijiu, expressing his hope that Shede will become the most beloved and trusted Chinese baijiu brand in the region. He added that cultural outreach and product innovation would serve as the twin engines driving Shede's future, creating shared success for partners and energizing global market growth. As a cornerstone of Shede's international strategy, Southeast Asia holds profound strategic importance. In his keynote, Shede Spirits Chairman Pu Jizhou reflected on the enduring friendship and cultural bonds between China and Malaysia, offering an incisive interpretation of the contemporary significance of the 'Shede' philosophy. He noted that Shede hails from Shehong in Suining, Sichuan—Hometown of Baijiu. As Tang poet Du Fu once wrote, 'Shehong spring wine stays freshly green despite the chill.' Today, a pot of Shede Baijiu, just like the iconic Guanyin Lake with its vast expanse, becomes the signature of the city. With Fosun's support, Shede has rapidly expanded into 40 countries and regions worldwide, achieving both overseas profitability and sustained growth. Pu pledged to deepen Shede's commitment to the Southeast Asian market, forging partnerships with more distributors to weave premium aged baijiu into local lifestyles—transforming the wisdom of Shede into a bridge for global cultural exchange and emotional resonance, and enabling the world to savor the fragrance of Chinese baijiu and the elegance of Chinese culture. The evening reached its zenith with a charity auction, as rare bottles of Shede aged baijiu drew spirited bidding from collectors and connoisseurs, with every lot sold. All proceeds were donated to Universiti Tunku Abdul Rahman to support the advancement of Chinese education and academic development in Malaysia—embodying the Shede Spirit through meaningful action. With Fosun's strategic empowerment, Shede Spirits continues to accelerate its global footprint, with products now available in 40 countries and regions. Looking ahead, the brand will further leverage its 'Aged Baijiu + Culture' model, exploring new pathways for sustainable overseas growth and joining hands with partners worldwide to champion Chinese baijiu culture—crafting a better life for families across the globe.

Shede Aged Baijiu Festival Debuts in Malaysia and Singapore – Fosun Empowers Shede Spirits to Share Its Aroma with the World
Shede Aged Baijiu Festival Debuts in Malaysia and Singapore – Fosun Empowers Shede Spirits to Share Its Aroma with the World

Malay Mail

time05-08-2025

  • Business
  • Malay Mail

Shede Aged Baijiu Festival Debuts in Malaysia and Singapore – Fosun Empowers Shede Spirits to Share Its Aroma with the World

Panoramic view of the Shede Aged Baijiu Festival KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 5 August 2025 -On August 3, the Shede Aged Baijiu Festival was staged in Malaysia, following its successful Singapore edition. Once again, Shede Spirits celebrated baijiu as a cultural bridge to advance its expansion in Southeast Asia, hosting a series of high-profile events to actively promote Chinese baijiu culture on the global guests included Lee Thai Hung, Deputy Director-General of Tourism Malaysia; Datuk Chong Sin Woon, Secretary-General of the Malaysian Chinese Association (MCA); Prof. Dr. Choong Chee Keong, Vice President of Universiti Tunku Abdul Rahman (UTAR); Guo Guangchang, Chairman of Fosun International; Pu Jizhou, Chairman of Shede Spirits; Wu Yifei, Co-Chairman of Shede Spirits; Tang Hui, President of Shede Spirits; Yang Xiao, Chairman of Mix Company; along with representatives from Malaysian business circles, distributors, media, and collectors and aficionados of aged the event, Lee Thai Hung, Deputy Director-General of Tourism Malaysia, lauded Shede Spirits for its role in fostering China–Malaysia cultural exchange and charitable initiatives. He noted that the "Shede Spirit" resonates strongly with Malaysia's vision of integrating culture and tourism, fulfilling social responsibilities, and deepening bilateral friendship. He expressed the hope that more leading Chinese enterprises would join in advancing cooperation between the two Guangchang, Chairman of Fosun International, reaffirmed Fosun's commitment to propelling Shede Spirits and Chinese baijiu culture onto the world stage. He highlighted Shede's recent strides in production capacity and R&D infrastructure, which underpin the brand's long-term growth under its aged-baijiu strategy. Guided by the principle of long-termism, Fosun will continue to support Shede's sustainable development by harnessing both domestic and international platform resources—deepening its footprint in China while accelerating overseas expansion. Guo emphasized Southeast Asia's deep-rooted Chinese communities and natural affinity for baijiu, expressing his hope that Shede will become the most beloved and trusted Chinese baijiu brand in the region. He added that cultural outreach and product innovation would serve as the twin engines driving Shede's future, creating shared success for partners and energizing global market a cornerstone of Shede's international strategy, Southeast Asia holds profound strategic importance. In his keynote, Shede Spirits Chairman Pu Jizhou reflected on the enduring friendship and cultural bonds between China and Malaysia, offering an incisive interpretation of the contemporary significance of the "Shede" philosophy. He noted that Shede hails from Shehong in Suining, Sichuan—Hometown of Baijiu. As Tang poet Du Fu once wrote, "Shehong spring wine stays freshly green despite the chill." Today, a pot of Shede Baijiu, just like the iconic Guanyin Lake with its vast expanse, becomes the signature of the city. With Fosun's support, Shede has rapidly expanded into 40 countries and regions worldwide, achieving both overseas profitability and sustained growth. Pu pledged to deepen Shede's commitment to the Southeast Asian market, forging partnerships with more distributors to weave premium aged baijiu into local lifestyles—transforming the wisdom of Shede into a bridge for global cultural exchange and emotional resonance, and enabling the world to savor the fragrance of Chinese baijiu and the elegance of Chinese evening reached its zenith with a charity auction, as rare bottles of Shede aged baijiu drew spirited bidding from collectors and connoisseurs, with every lot sold. All proceeds were donated to Universiti Tunku Abdul Rahman to support the advancement of Chinese education and academic development in Malaysia—embodying the Shede Spirit through meaningful Fosun's strategic empowerment, Shede Spirits continues to accelerate its global footprint, with products now available in 40 countries and regions. Looking ahead, the brand will further leverage its "Aged Baijiu + Culture" model, exploring new pathways for sustainable overseas growth and joining hands with partners worldwide to champion Chinese baijiu culture—crafting a better life for families across the #ShedeSpirits The issuer is solely responsible for the content of this announcement.

Shede Aged Baijiu Festival Debuts in Malaysia and Singapore – Fosun Empowers Shede Spirits to Share Its Aroma with the World
Shede Aged Baijiu Festival Debuts in Malaysia and Singapore – Fosun Empowers Shede Spirits to Share Its Aroma with the World

Associated Press

time05-08-2025

  • Business
  • Associated Press

Shede Aged Baijiu Festival Debuts in Malaysia and Singapore – Fosun Empowers Shede Spirits to Share Its Aroma with the World

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 5 August 2025 - On August 3, the Shede Aged Baijiu Festival was staged in Malaysia, following its successful Singapore edition. Once again, Shede Spirits celebrated baijiu as a cultural bridge to advance its expansion in Southeast Asia, hosting a series of high-profile events to actively promote Chinese baijiu culture on the global stage. Panoramic view of the Shede Aged Baijiu Festival Distinguished guests included Lee Thai Hung, Deputy Director-General of Tourism Malaysia; Datuk Chong Sin Woon, Secretary-General of the Malaysian Chinese Association (MCA); Prof. Dr. Choong Chee Keong, Vice President of Universiti Tunku Abdul Rahman (UTAR); Guo Guangchang, Chairman of Fosun International; Pu Jizhou, Chairman of Shede Spirits; Wu Yifei, Co-Chairman of Shede Spirits; Tang Hui, President of Shede Spirits; Yang Xiao, Chairman of Mix Company; along with representatives from Malaysian business circles, distributors, media, and collectors and aficionados of aged baijiu. At the event, Lee Thai Hung, Deputy Director-General of Tourism Malaysia, lauded Shede Spirits for its role in fostering China–Malaysia cultural exchange and charitable initiatives. He noted that the 'Shede Spirit' resonates strongly with Malaysia's vision of integrating culture and tourism, fulfilling social responsibilities, and deepening bilateral friendship. He expressed the hope that more leading Chinese enterprises would join in advancing cooperation between the two nations. Guo Guangchang, Chairman of Fosun International, reaffirmed Fosun's commitment to propelling Shede Spirits and Chinese baijiu culture onto the world stage. He highlighted Shede's recent strides in production capacity and R&D infrastructure, which underpin the brand's long-term growth under its aged-baijiu strategy. Guided by the principle of long-termism, Fosun will continue to support Shede's sustainable development by harnessing both domestic and international platform resources—deepening its footprint in China while accelerating overseas expansion. Guo emphasized Southeast Asia's deep-rooted Chinese communities and natural affinity for baijiu, expressing his hope that Shede will become the most beloved and trusted Chinese baijiu brand in the region. He added that cultural outreach and product innovation would serve as the twin engines driving Shede's future, creating shared success for partners and energizing global market growth. As a cornerstone of Shede's international strategy, Southeast Asia holds profound strategic importance. In his keynote, Shede Spirits Chairman Pu Jizhou reflected on the enduring friendship and cultural bonds between China and Malaysia, offering an incisive interpretation of the contemporary significance of the 'Shede' philosophy. He noted that Shede hails from Shehong in Suining, Sichuan—Hometown of Baijiu. As Tang poet Du Fu once wrote, 'Shehong spring wine stays freshly green despite the chill.' Today, a pot of Shede Baijiu, just like the iconic Guanyin Lake with its vast expanse, becomes the signature of the city. With Fosun's support, Shede has rapidly expanded into 40 countries and regions worldwide, achieving both overseas profitability and sustained growth. Pu pledged to deepen Shede's commitment to the Southeast Asian market, forging partnerships with more distributors to weave premium aged baijiu into local lifestyles—transforming the wisdom of Shede into a bridge for global cultural exchange and emotional resonance, and enabling the world to savor the fragrance of Chinese baijiu and the elegance of Chinese culture. The evening reached its zenith with a charity auction, as rare bottles of Shede aged baijiu drew spirited bidding from collectors and connoisseurs, with every lot sold. All proceeds were donated to Universiti Tunku Abdul Rahman to support the advancement of Chinese education and academic development in Malaysia—embodying the Shede Spirit through meaningful action. With Fosun's strategic empowerment, Shede Spirits continues to accelerate its global footprint, with products now available in 40 countries and regions. Looking ahead, the brand will further leverage its 'Aged Baijiu + Culture' model, exploring new pathways for sustainable overseas growth and joining hands with partners worldwide to champion Chinese baijiu culture—crafting a better life for families across the globe. Hashtag: #ShedeSpirits The issuer is solely responsible for the content of this announcement.

3 Asian Dividend Stocks Yielding Up To 5.7%
3 Asian Dividend Stocks Yielding Up To 5.7%

Yahoo

time16-03-2025

  • Business
  • Yahoo

3 Asian Dividend Stocks Yielding Up To 5.7%

As global markets grapple with uncertainties surrounding trade policies and economic growth, investors are increasingly looking towards Asia for opportunities, particularly in dividend stocks that offer stable returns amid volatility. In this environment, selecting dividend stocks with strong fundamentals and consistent payout histories can be a prudent strategy for those seeking to balance risk and income potential. Name Dividend Yield Dividend Rating Wuliangye YibinLtd (SZSE:000858) 3.66% ★★★★★★ CAC Holdings (TSE:4725) 5.02% ★★★★★★ Daito Trust ConstructionLtd (TSE:1878) 4.12% ★★★★★★ Nihon Parkerizing (TSE:4095) 3.92% ★★★★★★ Intelligent Wave (TSE:4847) 3.85% ★★★★★★ China South Publishing & Media Group (SHSE:601098) 4.32% ★★★★★★ GakkyushaLtd (TSE:9769) 3.97% ★★★★★★ DoshishaLtd (TSE:7483) 3.83% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 3.22% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 4.28% ★★★★★★ Click here to see the full list of 1131 stocks from our Top Asian Dividend Stocks screener. Let's review some notable picks from our screened stocks. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Shede Spirits Co., Ltd. designs, produces, and sells liquor products in China with a market cap of CN¥19.70 billion. Operations: Shede Spirits Co., Ltd. generates its revenue from the design, production, and sale of liquor products in China. Dividend Yield: 3.6% Shede Spirits, while offering a dividend yield of 3.61%, faces challenges with its dividend sustainability due to the lack of free cash flow coverage and volatile payment history over the past decade. Despite trading at a significant discount to its estimated fair value and having dividends covered by earnings through a reasonable payout ratio, profit margins have decreased from last year. Recent share buybacks totaling CNY 0.39 million highlight efforts to enhance shareholder value amidst these concerns. Delve into the full analysis dividend report here for a deeper understanding of Shede Spirits. Our valuation report here indicates Shede Spirits may be undervalued. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Beijing Caishikou Department Store Co., Ltd. operates as a retail company, focusing on department store services, and has a market cap of CN¥9.45 billion. Operations: Beijing Caishikou Department Store Ltd. generates revenue primarily from the sale of gold and jewellery, amounting to CN¥19.53 billion. Dividend Yield: 5.8% Beijing Caishikou Department Store Ltd. offers a dividend yield of 5.76%, placing it in the top 25% of CN market payers, with stable payments over three years. The dividends are well-covered by earnings (81.4% payout ratio) and cash flows (61.6%), suggesting sustainability despite its short dividend history. Trading at 72.9% below fair value estimates, analysts expect a price rise of 23.1%. Earnings are projected to grow annually by 11.36%. Get an in-depth perspective on Beijing Caishikou Department StoreLtd's performance by reading our dividend report here. Insights from our recent valuation report point to the potential undervaluation of Beijing Caishikou Department StoreLtd shares in the market. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Shandong Wit Dyne Health Co., Ltd. operates in the pharmaceutical sector in China with a market capitalization of CN¥6.62 billion. Operations: Shandong Wit Dyne Health Co., Ltd.'s revenue segments include its pharmaceutical operations in China. Dividend Yield: 3.5% Shandong Wit Dyne Health Ltd. offers a dividend yield of 3.54%, ranking in the top 25% of payers in China, though dividends are not well covered by earnings due to a high payout ratio (119.6%). Despite this, cash flows adequately cover dividends with a low cash payout ratio (32%). The stock trades at 43.2% below estimated fair value but has shown volatile and unreliable dividend payments over the past decade. Recent board changes may impact future strategies. Click here and access our complete dividend analysis report to understand the dynamics of Shandong Wit Dyne HealthLtd. In light of our recent valuation report, it seems possible that Shandong Wit Dyne HealthLtd is trading behind its estimated value. Unlock more gems! Our Top Asian Dividend Stocks screener has unearthed 1128 more companies for you to here to unveil our expertly curated list of 1131 Top Asian Dividend Stocks. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SHSE:600702 SHSE:605599 and SZSE:000915. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio

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