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Stock impact report

QuantaSing Unveils Private Label Chinese Baijiu Brand YUNTING

QuantaSing Group Limited (QSG) 
Company Research Source: GlobeNewswire
BEIJING, Jan. 18, 2024 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the “Company”), a leading online learning service provider in China, announced today the introduction of its first private label Chinese Baijiu brand, YUNTING. YUNTING is crafted in a core production facility located in the town of Maotai in China, a world-renowned Baijiu production site protected by Geographical Indication. The “sauce aroma” (??) style liquor is brewed with fine sorghum, wheat and water, applying ancient 12897 fermentation, distillation and aging techniques and craftsmanship, resulting in an incredibly rich and smooth character that has attained a government quality certificate. The brand is available for purchase online today and will be sold throughout China through flagship stores on China’s premier e-commerce platforms in the near future. “Baijiu has been an integral part of Chinese culture for centuries, enjoyed and appreciated by people across society,” said M Show less Read more
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