Hebei Hengshui Laobaigan Liquor-making (Group) Co., Ltd. founded in Nov. 1996, which was originated from Hebei Hengshui Laobaigan Distillery that had established earlier in 1964.?With the development of economic scale for more than sixty years, it has been developed into the large scale and top grade national enterprise, as well as the largest producer of Laobaigan flavor liquor of the national liquor industry. Now it has staff and workers of 4000, total assets of 600 million yuan, covers the area of 2000 acres, the annual capacity of its main products is: forty thousand tons of white spirit, one hundred thousand tons of beer, 120 thousand tons of feed, 1.5 million pieces/sets of garment. Sales revenue in 2005 is 450 million yuan, the total value of profit and tax has reached over 153 million yuan. There is a listed company named Hebei Hengshui Laobaigan Liquor Co., Ltd. and three state-owned subsidiaries under the group.