Who owns Shuanggou?
Shuanggou is owned by Yanghe (China, SZSE: 002304).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Jiangsu Yanghe Distillery Co., Ltd. 2025 Annual Report (English version, April 2026). Last checked .
Key facts
- Current owner
- Jiangsu Yanghe Distillery Co., Ltd. reported
- Owner HQ
- 🇨🇳 China, Suqian
- Origin
- 🇨🇳 China
- Category
- Beverages › Spirits › Baijiu
- Parent ticker
- SZSE: 002304
- Last verified
- · 1 sources
About Shuanggou
Shuanggou is the second of the two nationally renowned baijiu brands that Jiangsu Yanghe Distillery says it owns, alongside Yanghe. The annual report sells Shuanggou Daqu in the ordinary band priced below CNY 100 per 500 ml, and says the company is the only one in the Chinese liquor industry that holds two Chinese famous baijiu, which it names as Yanghe and Shuanggou, plus two Chinese time-honored brands.
Ownership timeline of Shuanggou
Where Shuanggou sits in Yanghe
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Yanghe ownership tree →
See the full Yanghe brand portfolio (2) →
Other brands owned by Yanghe
Yanghe controls 2 brands on Brandtree, 2 of them in beverages.
Also in beverages
Other brands in baijiu, and who owns them
The 11 brands in baijiu on Brandtree belong to 4 owners. The largest is Luzhou Laojiao, with 5; Yanghe has 2.
| Brand | Owner | Owner based in |
|---|---|---|
| Century-old Luzhou Laojiao Jiaoling | Luzhou Laojiao | 🇨🇳 China |
| Wuliang Tequ | Wuliangye | 🇨🇳 China |
| Jinsha | CR Beer | 🇨🇳 China |
| Luzhou Laojiao Erqu | Luzhou Laojiao | 🇨🇳 China |
| Luzhou Laojiao Tequ | Luzhou Laojiao | 🇨🇳 China |
| Luzhou Laojiao Touqu | Luzhou Laojiao | 🇨🇳 China |
| National Cellar 1573 | Luzhou Laojiao | 🇨🇳 China |
| Wuliangye | Wuliangye | 🇨🇳 China |
About the owner: Yanghe
Yanghe is a publicly listed company headquartered in Suqian, China. Brandtree records 2 brands under its control, and it is listed as SZSE: 002304.
Jiangsu Yanghe Distillery is a Shenzhen-listed baijiu producer based at Yanghe Town in Suqian, Jiangsu. Its 2025 annual report describes the business as the production and sale of Chinese baijiu made by solid-state fermentation, sold mainly through distributors, and says it owns two nationally renowned brands, Yanghe and Shuanggou. Dream Blue, Sky Blue and Ocean Blue are sold under its Blue Classic trademark. Revenue for 2025 was CNY 18.8 billion, down 33.5 per cent on 2024.
🇨🇳 Shuanggou 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; Shuanggou is not one of them.
- 17.5° — Nongfu Spring 🇨🇳
- AFIP — Changyu 🇨🇳
- Augerta — Tsingtao Brewery 🇨🇳
- Brave the World — CR Beer 🇨🇳
- Century-old Luzhou Laojiao Jiaoling — Luzhou Laojiao 🇨🇳
- Harbin — AB InBev 🇧🇪
Frequently asked questions
Who is the parent company of Shuanggou?
The parent company of Shuanggou is Yanghe, a publicly listed company headquartered in China.
Is Shuanggou Chinese?
Yes. Shuanggou originated in China and its owner, Yanghe, is also headquartered in China.
Is Shuanggou still owned by Yanghe?
Yes. As of 4 October 2026, Shuanggou is still owned by Yanghe. 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] Jiangsu Yanghe Distillery Co., Ltd. 2025 Annual Report (English version, April 2026) — Jiangsu Yanghe Distillery Co., Ltd., Annual report; retrieved 4 October 2026.
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