Company Introduction

Oranco, Inc., a Nevada company, is engaged in alcohol wholesale in China through its operating subsidiary, Fenyang Huaxin Wine Industry Development Co., Ltd. (“Huaxin”).

Headquartered in Shanxi Province, China, Fenyang Huaxin Wine Industry Development Co., Ltd.’s business is anchored in the Chinese Fenjiu liquor market and imported wines market. We run a consistently growing alcoholic beverage business guided by a core purpose: to promote premium alcoholic beverages to China’s population. We aim to achieve this goal by catering to the ever-evolving preferences in alcohol through our creative marketing strategies and innovative product designs that target different age groups of China’s population.

Our Chinese Fenjiu product is a 53-proof clear spirit with a long-lasting clean aftertaste. Our strategic partner, Shanxi Xinghuacun Fenjiu Group Co., Ltd. (“Fenjiu Group”), the sole producer of Chinese fenjiu liquor, produces our Chinese Fenjiu product. Its brewing process is guided by the principles of “clean” and “pure”, and we achieve these standards by our double fermentation and double distillation process in order to increase the yield of ethanol and expel any unfavorable flavors. With creative designs and stylized names, our registered trademarks such as Dagangjiu (translated as “Big Jar Liquor”) are effective in capturing young and older Chinese populations’ attention.

In addition to our Chinese Fenjiu liquors, we established an imported wine distribution business in 2017. Though marketing and brand identity are still an integral part of the wine business in China, wine sales are highly driven by the origin of the wines. Since Spanish and New Zealand are considered prime origins for wine productions, our wine products will continue to grab the attention of Chinese drinkers, ensuring the sustainable growth of our imported wine business.

We have strategically planned our wholesale and marketing channels. We sell directly to our six major distributors who then retail our products to over 300 storefronts and outlets. Even though we do not retail our products online, we use the internet for marketing. Aside from promoting our products through traditional TV platforms, we have established our reputation on existing major Chinese e-commerce platforms such as Taobao.com and further enhanced our business goodwill through our marketing on online-to-offline (“O2O”), business-to-business (“B2B”) and business-to-consumer (“B2C”) platforms. We promote our Fenjiu and imported wine through WeChat and other social media apps to strengthen our marketing efforts and to educate the general public on Chinese liquor tasting and the history of Chinese Fenjiu liquor.

Management Team

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Peng Yang

Director, President and Secretary

Mr. Yang has international business and management experience from his positions working with Huaxin Wines, a company engaged in wine trading and Sure Rich Investment (Group) Limited, an investment company. He has served as the general manager assistant and overseas affairs manager of Huaxin Wines since 2015 and as limited director of Sure Rich Investment (Group) Limited since 2016. Mr. Yang is a leading member of our sophisticated and long-serving management team who has experience in alcohol marketing and has led us through multiple business breakthroughs. Mr. Yang holds a bachelor's degree in engineering degree, with honors, from the University of Auckland in New Zealand in 2016.
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Patrick Wang

Chief Financial Officer

Mr. Wang has served as the CFO of Amax International Holdings Limited from October 2012 to the present. From January 2007 to July 2012, Mr. Wang served as the Senior Manager of Crowe CPA Group. From January 2006 to December 2006, Mr. Wang served as the Head of the Internal Audit Department of Intac International Company. Mr. Wang is a fellow of the Institute of Chartered Accountants in England & Wales and is a Certified Information Systems Auditor of Information Systems Audit and Control Association. He received his Bachelor of Accountancy with honors from Hong Kong Polytechnic University. He received his Master of Management from Macquarie Graduate School of Management.

Board of Directors

Name Age Role
Peng Yang 26 Director, President and Secretary

Peng Yang

Director, President and Secretary

    Mr. Yang has international business and management experience from his positions working with Huaxin, a company engaged in wine trading and Reliant Investment (Group) Limited, an investment company. He has served as the general manager assistant and overseas affairs manager of Huaxin since 2015 and as limited director of Reliant Investment (Group) Limited since 2016. Mr. Yang is a leading member of our sophisticated and long-serving management team who has experience in alcohol marketing and has led us through multiple business breakthroughs. Mr. Yang holds a bachelor's degree in engineering degree, with honors, from the University of Auckland in New Zealand in 2016.

Board Committee Composition

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