Dynasty Winery, Subsidiary of Dynasty Fine Wines, Enters Compensation Agreement with Tianjin Yiyang

Reuters

05-20

Dynasty Winery, Subsidiary of Dynasty Fine Wines, Enters Compensation Agreement with Tianjin Yiyang

Dynasty Winery, a wholly-owned subsidiary of Dynasty Fine Wines Group Limited, has entered into a Compensation Agreement with Tianjin Yiyang. Under the agreement, Dynasty Winery will surrender its equipment installed on a site owned by a connected party in exchange for compensation amounting to RMB52,748,559 (approximately HK$57,149,035). This transaction follows negotiations regarding the assets installed at the wine chateau site, which features a wine museum and related facilities. Dynasty Winery is primarily engaged in the manufacturing and sale of wine products in the PRC.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dynasty Fine Wines Group Limited published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.

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Under the agreement, Dynasty Winery will surrender its equipment installed on a site owned by a connected party in exchange for compensation amounting to RMB52,748,559 (approximately HK$57,149,035). This transaction follows negotiations regarding the assets installed at the wine chateau site, which features a wine museum and related facilities. Dynasty Winery is primarily engaged in the manufacturing and sale of wine products in the PRC.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dynasty Fine Wines Group Limited published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1192","symbol_name":"酿酒商与葡萄酒商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nNDL9bCBS1:1","article_id":"2536321646","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536321646","pubTimestamp":1747751320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Dynasty Winery, a wholly-owned subsidiary of Dynasty Fine Wines Group Limited, has entered into a Compensation Agreement with Tianjin Yiyang. 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