Anhui Golden Seed Winery's Deputy General Manager He Wuyong Resigns

Deep News12-02

On December 1, after market close, Anhui Golden Seed Winery Co.,Ltd. (600199) announced that Deputy General Manager He Wuyong resigned due to personal reasons.

Five months earlier in July, the company had already replaced its Chairman and General Manager. He Xiuxia, then Director and General Manager, resigned from her positions as Director of the 7th Board of Directors, General Manager, and member of the Board's Strategy and ESG Committee due to work adjustments.

Anhui Golden Seed Winery has seen frequent changes in its senior management team. These executives were not internally promoted but came from its shareholder, China Resources Group. He Wuyong previously held positions at CR Snow Brewery, serving as Deputy General Manager for its Shanxi-Shaanxi, Jiangsu, and Shanghai regional branches. Similarly, the departed He Xiuxia had also served as Party Committee Secretary, General Manager, and Deputy General Manager at CR Snow Brewery's Shanxi-Shaanxi branch.

In February 2022, China Resources Group acquired a 49% stake in Anhui Golden Seed Winery's controlling shareholder through its subsidiary CR Strategic Investment. By July that year, "CR-affiliated" executives began restructuring the winery's management team.

Five months have passed since General Manager He Xiuxia's departure in July 2025, yet the position remains vacant, currently held temporarily by Deputy General Manager Liu Fubi. Questions remain about China Resources Group's future plans for this liquor company.

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