CHENGDU, Jan. 17 (NBD) -- European luxury goods conglomerate LVMH group transferred its entire stake in Wenjun, a Chinese white spirit, to JNC Group Co., Ltd. (JNC), a company based in Southwest China's Sichuan Province and specializing in alcohol. 

Business registration information at authority shows that JNC has been documented as the sole shareholder of Sichuan Wenjun Spirits Co., Ltd.. 

Figure familiar with Wenjun said that the shareholding transfer has been concluded with senior management renewed. 

LVMH group invested, in 2007, for a majority shareholding in Wenjun. It is positioned as a middle and high end brand following LVMH strategy. 

Email: zengyunheng@nbd.com.cn