Lao Henghe is the largest producer of cooked wine in China. According to the Euromonitor report, according to the Euromonitor report, the company's market share in 2012 was 13.8% and 5.8%, broken down by retail value and retail volume. Cooking wine is a basic ingredient widely used in food preparation to add flavor to food and remove the fishy smell of meat and fish. From 2008 to 2012, the compound annual growth rate of retail sales in the Chinese cooking wine market was 23.4%, while from 2012 to 2017, the compound annual growth rate of retail sales in the Chinese cooking wine market is expected to be 20.3%, and retail sales in 2017 will reach about RMB 10.6 billion. The company also offers other condiments, including soy sauce and vinegar. In 2013, the company's market leadership position earned the company the honor of being a leading enterprise in agricultural industrialization countries.

“Lao Henghe” is the brand of the company's products. It has a history of over 130 years. Among the top three cooking wine producers in China in 2012 (in terms of retail value), the company was the only cooking wine producer that completely adopted natural brewing methods to manufacture cooked wine products.