Shanghai Bairun Investment Holding Group Co., Ltd. engages in the research and development, production, and sale of ready-to-drink cocktails and flavors and fragrances under RIO and BAIRUN brands in China. Its products are used in beverage, dairy, confectionary, bakery, ice cream, savory, oral care, and tobacco products. It distributes its pre-mixed cocktail products through offline channels, digital retail channels, and ready-to-drink channels; and flavor and fragrance products through offline channels.