In September 2012,CITIC Group signed a memorandum of cooperation with Domaines Barons de Rothschild (Lafite) S.C.A. (DBR) on the development of Penglai Chateau project. In May 2013, CITIC Construction signed the EPC general contract with DBR.
The project is located in Penglai City, Shandong Province. With a total floor area of 9,189 square meters, the complex consists of three sections: the winery, the club and the machinery workshop. As the Chateau faces a hill, the club is designed to embody Chinese classical architecture style and adopt antique-looking wooden structure to make it blend in with the surrounding environment to perfection. As the grape vines thrive, they will contrast finely with the Chateau's elegant column structures to make the complex a perfect combination of Chinese and Western elements.