Yantai International Wine Festival fell with a bumper harvest. The information offered by Yantai Bureau of Grape and Wine showed that more than 50 foreign and domestic dealers were willing to order goods(worth  of over 10 million yuan) from Yantai wine enterprises.

Yantai Yuren Winery Co.,Ltd contracted about 20 orders which had a worth of 2 million yuan. What's more, Hualu Winery Co.,Ltd gained more than 1.5 million yuan. In addition, other enterprises also reaped harvests.

Yantai Haishi Winery Co.,Ltd and Italy Luodi Company estabished joint venture and received a win-win consequence.Therefore, the Italian company is about to invest more 10 million yuan. Lots of foreign wineries considered Penglai as a potential market.