China Tontine Wines Group Limited
CATWF
Other OTC0.07
USD
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China Tontine Wines Group Limited
CATWF
(Other OTC)
Recent
price
0.07
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- China Tontine Wines Group Limited, an investment holding company, produces and sells grape wines, brandy, and related products in the People's Republic of China. The company offers sweet wines and dry wines under the Tongtian, Tongtian Hong, and TONTINE brands; brandy under the Xuanniya brand produced from mountain grapes aged in oak barrels with 38% to 40% alcohol by volume; white wines such as Yaaru White Wine distilled from Changbai Mountain grapes at 52% alcohol content; as well as ginseng wines, ice wines, Chinese liquor, and grape juice processing services. It sources grapes from the Tonghua Ji'An region and operates through subsidiaries including Tonghua Tongtian Winery Co., Ltd. and Yantai Baiyanghe Winery Co., Ltd., which produces over 100 types of wines and brandies including imported French varieties like Cordes and Falyia; the group distributes products via more than 100 distributors across 20 provinces, three autonomous regions, and four municipalities. Founded in 2001 and headquartered at No. 2199 Tuanjie Road, Tonghua, Jilin Province, China, the company ranks as the leading sweet wine producer in China by volume and one of the top 10 grape wine industry brands. In 2024, Wang He completed the acquisition of approximately 10% to 13.57% stake through an unconditional voluntary cash partial offer at HKD 0.6 per share for up to 30.16 million shares, valuing the transaction at HKD 18.1 million; additionally, the company signed a strategic operation agreement with Luzhou Laojiao New Wines Company Limited in May 2024.