Hong Yuan Holding Group
cereplast.comWhat Do They Do?
Sells food, household goods and electronics wholesale and online, and operates brand-authorized stores selling liquor and other goods to members and partners.
10-K for FY2025, filed May 8, 2026The Company, through its subsidiary and the Agreements with Fengcuiyuan, focuses on supply chain management services, primarily engaged in…View ↗
We develop and operate offline brand-authorized stores, primarily selling a range of Baijiu products at various price points, along with…View ↗
1. Partners and Members: The company mainly sells to members and partners through store service providersView ↗
Who Are Their Customers?
Store members and partners buy through store service providers. Other trading companies and cooperative e-commerce platforms are also sales channels.
10-K for FY2025, filed May 8, 2026We develop and operate offline brand-authorized stores, primarily selling a range of Baijiu products at various price points, along with…View ↗
1. Partners and Members: The company mainly sells to members and partners through store service providersView ↗
2. Other trading companies: Select high-quality e-commerce platforms or companies and establish long-term, stable cooperative relationships.View ↗
How Are They Changing?
From merger-seeking shell to consumer-goods sales
The older report described a public shell seeking a merger or acquisition; the latest describes wholesale and online consumer-goods sales plus brand-authorized stores.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed May 8, 2026
Who Do They Compete With?
Competes with Tmall and JD.com
10-K for FY2025, filed May 8, 2026First - and second- tier brands are facing price shocks through online channels. The main reason is that e-commerce platforms (such as…View ↗
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