Tonghua Grape Wine Co., Ltd is a company located in Tonghua that specializes in the production and sale of grape wine. The company has been facing increased competition in the wine industry due to the economic downturn and consumer spending constraints. Additionally, the growing import of wine has also impacted the market, resulting in a continuous squeeze on the company's survival space. As a result, the company has experienced a significant decrease in sales and a shortage of operating funds. To address these challenges, the company is actively mobilizing resources and focusing on market promotion. They are also exploring non-public stock issuance and other financing channels to improve cash flow and strengthen their management practices.
Headquarters
No. 28, Qianxing Road, Dongchang District, Tonghua City, Jilin Province
Tonghua; Jilin;
Postal Code: 134002
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Website: http://www.tonhwa.com
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