Who owns AFIP?
AFIP is owned by Changyu (China, SZSE: 000869).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Yantai Changyu Pioneer Wine Co., Ltd. 2025 Annual Report (English version), 18 April 2026. Last checked .
Key facts
- Current owner
- Yantai Changyu Pioneer Wine Company Limited reported
- Owner HQ
- 🇨🇳 China, Yantai
- Origin
- 🇨🇳 China, Beijing
- Category
- Beverages › Wine & champagne › Still wine
- Parent ticker
- SZSE: 000869 SZSE: 200869
- Last verified
- · 1 sources
About AFIP
AFIP is a wine brand of Yantai Changyu Pioneer Wine, made by its Beijing Chateau Changyu AFIP Global winery and one of the three brands, with Changyu and Noble Dragon, that it calls China famous brands. The company's Beijing AFIP subsidiaries, a meeting centre and a tourism and culture sales company, are based in Miyun, Beijing, and in 2025 the report records new chateau culture experience halls and brand halls.
Ownership timeline of AFIP
Where AFIP sits in Changyu
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- AFIP
- Atrio (90%)
- Changyu
- Golden Icewine Valley
- Indomita (85%)
- Kilikanoon (99%)
- Koya
- Noble Dragon
Open the full Changyu ownership tree →
See the full Changyu brand portfolio (8) →
Other brands owned by Changyu
Changyu controls 8 brands on Brandtree, 8 of them in beverages.
Also in beverages
Other brands in still wine, and who owns them
The 127 brands in still wine on Brandtree belong to 34 owners. The largest is Concha y Toro, with 11; Changyu has 7.
| Brand | Owner | Owner based in |
|---|---|---|
| Almaviva | Concha y Toro | 🇨🇱 Chile |
| Carlo Rossi | Gallo | 🇺🇸 United States |
| Bodega San Telmo | Grupo Peñaflor | 🇦🇷 Argentina |
| Aura | Sogrape | 🇵🇹 Portugal |
| Archery Summit | Crimson Wine Group | 🇺🇸 United States |
| 19 Crimes | Treasury Wine Estates | 🇦🇺 Australia |
| Aphrodite | KEO | 🇨🇾 Cyprus |
| Elton | Willamette Valley Vineyards | 🇺🇸 United States |
About the owner: Changyu
Changyu is a publicly listed company headquartered in Yantai, China. Brandtree records 8 brands under its control, and it is listed as SZSE: 000869 and SZSE: 200869.
Yantai Changyu Pioneer Wine is a Shenzhen-listed producer of wine and brandy with its registered address on Dama Road in Yantai, Shandong, controlled by Yantai Changyu Group. Its 2025 annual report describes two product series, wine and brandy, and says Changyu, Noble Dragon and AFIP are China famous brands. It also holds overseas wine estates in Spain, Chile and Australia, and in June 2025 it transferred its 100 per cent stake in the French cognac house Etablissements Roullet Fransac, which is therefore left out. Revenue for 2025 was CNY 2.99 billion.
🇨🇳 AFIP and other Chinese brands
Brandtree records a controlling owner for 319 brands that began in China. 39 of them (12%) are now controlled by a company headquartered in another country; AFIP is not one of them.
- 17.5° — Nongfu Spring 🇨🇳
- Augerta — Tsingtao Brewery 🇨🇳
- Brave the World — CR Beer 🇨🇳
- Century-old Luzhou Laojiao Jiaoling — Luzhou Laojiao 🇨🇳
- Harbin — AB InBev 🇧🇪
- Master Kong Iced Tea — Tingyi 🇨🇳
Frequently asked questions
Who is the parent company of AFIP?
The parent company of AFIP is Changyu, a publicly listed company headquartered in China.
Is AFIP Chinese?
Yes. AFIP originated in China and its owner, Changyu, is also headquartered in China.
Is AFIP still owned by Changyu?
Yes. As of 4 October 2026, AFIP is still owned by Changyu. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Yantai Changyu Pioneer Wine Co., Ltd. 2025 Annual Report (English version) — Yantai Changyu Pioneer Wine Co., Ltd., Annual report, published 18 April 2026; retrieved 4 October 2026.
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