Dynasty Fine Wines Group Limited has announced an update regarding its joint venture in Guizhou with Guowei Company. The joint venture, Dynasty Fine Wines (Renhuai) Co., Ltd., was established in February 2025, with Dynasty Fine Wines Group holding a 51% equity interest and Guowei Company holding 49%. Under the terms of the agreement, Dynasty Winery is required to procure third-party key distributors to acquire 39% of the joint venture’s equity from Guowei Company, or alternatively, Dynasty Winery itself will acquire this interest through a put option. The execution period for this put option has been extended to 30 September 2026, following a supplemental agreement signed on 5 January 2026.
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