This announcement is a separate document:
张 裕Ａ：烟台张裕葡萄酿酒股份有限公司第九届董事会独立董事对公司2023年证券投资等事项的独立意见
Changyu A: Independent opinions of independent directors of the 9th board of directors of Yantai Changyu Grape Brewing Co., Ltd. on matters such as the company\'s 2023 securities investment
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