Business Daily Media

The Times


.

Shede Aged Baijiu Festival Debuts in Malaysia and Singapore – Fosun Empowers Shede Spirits to Share Its Aroma with the World

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 5 August 2025 - On August 3, the Shede Aged Baijiu Festival was staged in Malaysia, following its successful Singapore edition. Once again, Shede Spirits celebrated baijiu as a cultural bridge to advance its expansion in Southeast Asia, hosting a series of high-profile events to actively promote Chinese baijiu culture on the global stage.



Panoramic view of the Shede Aged Baijiu Festival
Panoramic view of the Shede Aged Baijiu Festival

Distinguished guests included Lee Thai Hung, Deputy Director-General of Tourism Malaysia; Datuk Chong Sin Woon, Secretary-General of the Malaysian Chinese Association (MCA); Prof. Dr. Choong Chee Keong, Vice President of Universiti Tunku Abdul Rahman (UTAR); Guo Guangchang, Chairman of Fosun International; Pu Jizhou, Chairman of Shede Spirits; Wu Yifei, Co-Chairman of Shede Spirits; Tang Hui, President of Shede Spirits; Yang Xiao, Chairman of Mix Company; along with representatives from Malaysian business circles, distributors, media, and collectors and aficionados of aged baijiu.

At the event, Lee Thai Hung, Deputy Director-General of Tourism Malaysia, lauded Shede Spirits for its role in fostering China–Malaysia cultural exchange and charitable initiatives. He noted that the "Shede Spirit" resonates strongly with Malaysia's vision of integrating culture and tourism, fulfilling social responsibilities, and deepening bilateral friendship. He expressed the hope that more leading Chinese enterprises would join in advancing cooperation between the two nations.

Guo Guangchang, Chairman of Fosun International, reaffirmed Fosun's commitment to propelling Shede Spirits and Chinese baijiu culture onto the world stage. He highlighted Shede's recent strides in production capacity and R&D infrastructure, which underpin the brand's long-term growth under its aged-baijiu strategy. Guided by the principle of long-termism, Fosun will continue to support Shede's sustainable development by harnessing both domestic and international platform resources—deepening its footprint in China while accelerating overseas expansion. Guo emphasized Southeast Asia's deep-rooted Chinese communities and natural affinity for baijiu, expressing his hope that Shede will become the most beloved and trusted Chinese baijiu brand in the region. He added that cultural outreach and product innovation would serve as the twin engines driving Shede's future, creating shared success for partners and energizing global market growth.

As a cornerstone of Shede's international strategy, Southeast Asia holds profound strategic importance. In his keynote, Shede Spirits Chairman Pu Jizhou reflected on the enduring friendship and cultural bonds between China and Malaysia, offering an incisive interpretation of the contemporary significance of the "Shede" philosophy. He noted that Shede hails from Shehong in Suining, Sichuan—Hometown of Baijiu. As Tang poet Du Fu once wrote, "Shehong spring wine stays freshly green despite the chill." Today, a pot of Shede Baijiu, just like the iconic Guanyin Lake with its vast expanse, becomes the signature of the city. With Fosun's support, Shede has rapidly expanded into 40 countries and regions worldwide, achieving both overseas profitability and sustained growth. Pu pledged to deepen Shede's commitment to the Southeast Asian market, forging partnerships with more distributors to weave premium aged baijiu into local lifestyles—transforming the wisdom of Shede into a bridge for global cultural exchange and emotional resonance, and enabling the world to savor the fragrance of Chinese baijiu and the elegance of Chinese culture.

The evening reached its zenith with a charity auction, as rare bottles of Shede aged baijiu drew spirited bidding from collectors and connoisseurs, with every lot sold. All proceeds were donated to Universiti Tunku Abdul Rahman to support the advancement of Chinese education and academic development in Malaysia—embodying the Shede Spirit through meaningful action.

With Fosun's strategic empowerment, Shede Spirits continues to accelerate its global footprint, with products now available in 40 countries and regions. Looking ahead, the brand will further leverage its "Aged Baijiu + Culture" model, exploring new pathways for sustainable overseas growth and joining hands with partners worldwide to champion Chinese baijiu culture—crafting a better life for families across the globe.

Hashtag: #ShedeSpirits

The issuer is solely responsible for the content of this announcement.

News from Asia

Awards Sweep Reflects OR's 'Empowering All Toward Inclusive Growth' Vision in Action Across Business and Society

PTT Oil and Retail Business Public Company Limited secured 12 awards across international, industry and consumer sectors in 2026, reflecting broad recognition of its vision to link business growth ...

1win Charity Directs Over $170,000 to Charitable Purposes in India

NEW DELHI, INDIA – Media OutReach Newswire – 2 October 2026 – 1win Charity continues to expand its community initiatives across India, directing more than $170,000 to projects supporting elderly ...

DP World Expands Contract Logistics Network in Thailand with New Bang Na Distribution Centre

New 10,000-square-metre distribution centre supports high-value and time-sensitive supply chains, connecting Greater Bangkok with Laem Chabang Port and manufacturing centres in Thailand’s Eastern E...

MSIG Malaysia Reinforces Long-Term Commitment to Community Resilience Through Partnership with Epic Homes

Initiative combines housing support with fire insurance protection to provide greater financial security for Orang Asli familiesKUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 2 October 2026 – ...

PRECISE and Temus establish Joint Innovation Centre to advance precision health in Singapore

Five-year collaboration will build the technology, data, and delivery capabilities needed to translate genomic research into real-world healthcare applications under Singapore's National Precision ...

Tennor Global takes 65% stake in Alpha Energy's new international arm

Houston-based Alpha Energy forms Alpha Energy International to acquire and modernise mature oil fields; Tennor provides $500 million funding facilityHOUSTON, US – Media OutReach Newswire – 2 Octob...

US$136.3 billion investment wave opens a historic opportunity for Vietnam’s energy equipment market

HANOI, VIETNAM – Media OutReach Newswire – 2 October 2026 – A US$136.3 billion investment pipeline for power generation and grids to 2030 is opening a new race in technology, equipment and supply...

Far East Organization Unveils The Serra Residences

A Rare Freehold Home in Novena, District 11 SINGAPORE – Media OutReach Newswire – 2 October 2026 – Far East Organization (远东机构) announces the unveiling of The Serra Residences, a new 28-storey...

UstarPay to Co-Host TOKEN2049 Singapore Networking Event with BitGo and HashKey Cloud

HONG KONG SAR - Media OutReach Newswire - 2 October 2026 - UstarPay announced that it will co-host "Token2049 Networking Event with BitGo, HashKey & UstarPay" with BitGo and HashKey Cloud dur...

Decoding Rural China's Governance: How six villages turn viral fame into shared prosperity

BEIJING, CHINA – Media OutReach Newswire – 2 October 2026 – People's Daily's video series Decoding Rural China's Governance, which explores grassroots governance and rural development in differen...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...