According to CoinMeta, Pinwo Food announced that a consortium composed of the company, Tai'an Zhiyi Cultural Investment Partnership, and Tai'an Xinyi Cultural Investment Partnership has been identified as the investor for the bankruptcy reorganization of Shandong Taishan Beer Co., Ltd. Taishan Beer Co., Ltd. is mainly engaged in the research, development, production, and sales of raw malt beer. As of October 31, 2025, the company's total assets amounted to 622 million yuan, with total liabilities of 663 million yuan. The company stated that this investment aims to strengthen its beverage business layout and complement its existing beer business. This matter still requires agreement with creditors on the reorganization plan and approval by the court, which involves uncertainties and may constitute a major asset reorganization. In terms of business, the company's main product, short-shelf-life raw malt beer, already possesses strong market competitiveness and brand influence.