What is a tobacco, liquor and sugar company?

Tobacco, alcohol and sugar company refers to the company that monopolizes tobacco, alcohol and sugar, which belongs to the historical term.

Many years ago, tobacco, alcohol and sugar were exclusive products, which were only allowed to be sold by tobacco, alcohol and sugar companies. They also belong to enterprises and state-owned enterprises. After the reform, it belonged to a large collective enterprise, and later it evolved into individual contracting, which was private. With the liberalization of tobacco, alcohol and sugar, the exclusive rights of tobacco, alcohol and sugar have also been lost. In this way, tobacco, alcohol and sugar companies have lost their historical significance. Our tobacco, liquor and sugar company here has long gone bankrupt.

Jiangsu Sugar, Tobacco and Alcohol Corporation was founded in 1950s. It was originally an administrative company. After many restructuring, it was registered in Jiangsu Provincial Administration for Industry and Commerce in June, 1989, with a registered capital of 64.02 million yuan, mainly engaged in sugar, tobacco, wine and other foods. Originally owned by Jiangsu Provincial Department of Commerce. In 2006, with the reform of the party and government organizations in Jiangsu Province, it was merged and reorganized into Jiangsu Tidal Flat Development and Investment Co., Ltd., which belongs to the State-owned Assets Supervision and Administration Commission of Jiangsu Province.

Jiangsu Sugar, Tobacco and Liquor Corporation is an old state-owned enterprise, which played a great role in regulating the sugar and liquor market in Jiangsu Province and stabilizing the main channels of state-owned commerce during the planned economy period. After being transformed into a management company, it will fully operate Maotai, Wuliangye and high-grade and medium-grade famous wines in the province, and jointly develop new products such as Wuliangye and Jiannanfu with manufacturers and distribute them nationwide. It is the first company in the province to operate all kinds of imported wines and foreign wines, and its business scale is constantly expanding. At that time, it ranked third among the national peers, second only to Beijing and Shanghai.

Jiangsu Sugar, Tobacco and Alcohol Corporation is the leader in the management of sugar, tobacco and alcohol products in Jiangsu Province in the planned economy era. After the reform and opening up, with the further deepening of China's market economic system reform, our company's operating system has also been gradually reformed to adapt to the market operation mechanism. After entering the new century, the new Jiangsu Sugar, Tobacco and Alcohol Company has achieved a major strategic change. In 2008, the company began to open a franchise store in Jiangsu Province for sales services.