Event: on August 12, 2009, TongPortugal shares (600365) announced a preliminary plan for issuing shares to purchase assets and major asset restructuring. Through this transaction, the private enterprise Hong Kong Tongheng International Investment Co., Ltd. invested 100% in four companies affiliated to Yunnan Red Wine Co., Ltd., Yunnan Plateau Wine Co., Ltd., Kunming Yunnan Red Wine Industry Development Co., Ltd. And Yunnan Plateau Biological Resources Co., Ltd.

Investment advice: after the completion of this transaction, Tongra will own the high-quality assets of the "Yunnan Red" series of companies 100% owned by Tongheng International. The "Yunnan Red" series of companies to be injected into listed companies is a wine industry cluster integrating grape cultivation and wine production and sales.

The "Yunnan Red" brand has a unique plateau wine style and brand culture in the wine industry, and has an extensive influence in the southwest market. Tong Portugal is a time-honored brand in the wine industry, which has won a variety of awards and honorary titles since its establishment, and has a well-known brand of great value. The two brands have significant differences and complementarities, and after re-integration, they can give play to more brand advantages, realize the complementary advantages of sales channels and operating resources, and further strengthen the position of listed companies in the wine industry. expand the market share, strengthen the company's main business, and enhance the company's core competitiveness.

After the completion of this major asset restructuring, the main business of listed companies will be greatly enhanced, the asset scale, asset quality, anti-risk ability and profitability of listed companies will also be improved, and the market competitiveness of listed companies will be improved in an all-round way. The investment rating of the company was upgraded from "neutral" to "recommended".