On December 31, 2015, Chengdu Green Gold Hi-Tech Co., Ltd. signed a merger and acquisition agreement with Sichuan Province Wuliang Feed Co., Ltd. formally. Sichuan Guoke Zhongnong Bio-Technology Co., Ltd., a subsidiary of Chengdu Green Gold, and Sichuan Province Wuliang Feed Co., Ltd. belonged to agricultural enterprises of agricultural biotechnology research and development and commercialization of research findings, and they had a supply relationship of upstream and downstream on the same market. Upon the merger and acquisition, the company could get bi-directional breakthrough on the industrial operation and capital operation.

Sichuan Province Wuliang Feed Co., Ltd. is located beside the Qidong Lake of Nanxi District-bank of Yangtze River between Chinese liquor countries Yibin and Luzhou of Sichuan Province. The company was established in September 1993. With the market-guided and science & technology backed principles, the company enters the production and selling of vinasse powder with high starting point and high standard in strict accordance with the requirements of the modern enterprise system. The vinasse powder market is expanding from feed of aquatic products to milk cow feed, and then fertilizers. Now the company has 107 production personnel of vinasse powder. The company utilizes fresh and wet vinasses from large liquor-making enterprises such as Wuliangye Group, Luzhou Laojiao Group, Sichuan Langjiu Group Co., Ltd. and Kweichow Moutai Group, uses self-designed low-temperature dehydration and drying technology, grinds and processes them into new feed ingredients-new liquor vinasse. The company owns leading vinasse fodder processing production lines of the same industry presently and also possesses modern control and detection system. The company has already owned 4 production base groups and 8 vinasse fodder processing production lines and produced 400 tons of daily output of dry vinasse powder and over 100,000 tons of annual output. The company is the largest private enterprise of liquor vinasse producing and selling in the area of Liquor Golden Triangle and also in China.