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July 9 (NBD) -- Shanxi Xinghuacun Fen Wine Factory Co Ltd (600809.SH) announced Saturday that it will invest 100 million yuan (15.1 million U.S. dollars) to set up a wholly-owned international trade and investment subsidiary. 

The new unit is designed to integrate the marketing channels of Fen wine and Zhuyeqing wine, promote domestic and foreign sales of Fen wine, as well as facilitate the Shanxi-based wine maker's arrangements in the international markets.  

Email: lansuying@nbd.com.cn