The Yang Zhendong Selection: Premium Aged Chinese Baijiu

S otheby’s is pleased to present The Yang Zhendong Selection: Premium Aged Chinese Baijiu this autumn. This exclusive offering highlights the remarkable expertise of Mr. Yang, a highly respected veteran in the realm of Chinese Baijiu.

蘇富比欣然宣布將於今年秋季呈現「楊振東臻選：中國陳年白酒專場」專場拍賣。此次獨家拍賣將展現出在業內備受尊敬的楊先生在中國白酒行業的卓越專業知識。

Curated Selection 精心甄選

Mr. Yang has meticulously assembled a collection featuring 130 lots of Chinese Baijiu. The collection is notable not only for including renowned labels such as Moutai and Wuliangye, but also for introducing several classic and distinguished brands to the auction market for the first time. These debut appearances include Jian Nan Chun, FenJiu, DongJiu, Laojiu Tequ, Xifeng, Langjiu, and Gujing.

楊先生悉心甄選了130組珍貴的中國白酒。藏品不僅涵蓋了茅台、五糧液等知名品牌，還首次將多款經典且獨具特色的品牌帶入拍賣市場。這些首度亮相的品牌包括劍南春、汾酒、董酒、老酒特曲、西鳳、郎酒及古井。

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Highlights 亮點

The auction includes parcel quantities of over 200 bottles of "Metal Capsule" Moutai ranging from 1986 to 1996, with the highly coveted "1704" Precious Flying Fairy Moutai among them. Despite decades of storage, both the labels and packaging of the old bottles were kept in pristine condition that is rarely found in old Moutais, showing Mr. Yang’s passionate care and respect for his collection.

拍賣將呈現逾200瓶「鐵蓋」茅台（年份介於1986至1996年），其中備受追捧的「1704」珍品飛天茅台也在此列。這些被收藏了數十年的舊瓶，不論是酒標還是酒盒的保存狀態都比起市面上大部份的舊酒更好，這顯示出楊先生對於其收藏品的悉心保存和尊重。

3762

Lot

1985年產 "飛天牌"貴州茅台酒 Kweichow Flying Fairy Moutai 1985 (6 BT50)

Estimate: 80,000 – 110,000 HKD

The Yang Zhendong Selection: Premium Aged Chinese Baijiu | 楊振東臻選：中國陳年白酒專場

21 November 2025 | 2:00 PM HKT | Hong Kong

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3765

Lot

1983-1985年產 "大飛天"貴州茅台酒 Kweichow Flying Fairy Moutai circa 1983-1985 (6 BT54)

Estimate: 80,000 – 110,000 HKD

The Yang Zhendong Selection: Premium Aged Chinese Baijiu | 楊振東臻選：中國陳年白酒專場

21 November 2025 | 2:00 PM HKT | Hong Kong

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3768

Lot

1983年產 "五星牌"貴州茅台酒 (地方國營) Kweichow Five Star Moutai (Local State-run) 1983 (2 BT54)

Estimate: 38,000 – 50,000 HKD

The Yang Zhendong Selection: Premium Aged Chinese Baijiu | 楊振東臻選：中國陳年白酒專場

21 November 2025 | 2:00 PM HKT | Hong Kong

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3774

Lot

1981年產 "五星牌"貴州茅台酒 (三大革命) Kweichow Five Star Moutai (3 Major Revolution) 1981 (3 BT54)

Estimate: 60,000 – 85,000 HKD

The Yang Zhendong Selection: Premium Aged Chinese Baijiu | 楊振東臻選：中國陳年白酒專場

21 November 2025 | 2:00 PM HKT | Hong Kong

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3793

Lot

1989-1990年產 "飛天牌"珍品貴州茅台酒 (鐵蓋曲印) Kweichow Flying Fairy Precious Moutai (Iron Capsule) circa 1989-1990 (6 BT50)

Estimate: 95,000 – 130,000 HKD

The Yang Zhendong Selection: Premium Aged Chinese Baijiu | 楊振東臻選：中國陳年白酒專場

21 November 2025 | 2:00 PM HKT | Hong Kong

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3795

Lot

1987-1988年產 "飛天牌"珍品貴州茅台酒 (鐵蓋方印) Kweichow Flying Fairy Precious Moutai (Iron Capsule) circa 1987-1988 (6 BT50)

Estimate: 130,000 – 190,000 HKD

The Yang Zhendong Selection: Premium Aged Chinese Baijiu | 楊振東臻選：中國陳年白酒專場

21 November 2025 | 2:00 PM HKT | Hong Kong

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Another highlight is the Wuliangye "Red Label ChangJiang Bridge" label, produced between 1977 and 1980. The collection also features the debut of the first-ever Wu Liang Ye Artist Collection bottle, of which only five have been made. At last, various styles of traditional Baiju from different regions of China are also featured at the end of the auction, showcasing the width of spectrum and depth of culture embedded in Chinese spirits.

另一大亮點是產於1977至1980年的五糧液「紅標長江大橋」標籤。此外，藏品還包括首度亮相的五糧液藝術系列首瓶，僅限五瓶。而拍賣最後亦包含了中國各不同地區生產，風格各異的白酒，展示出中國烈酒世界的廣闊及文化深度。

LEFT: 1977-1980年產五糧液(長江大橋) Wuliangye circa 1977-1980 (6 BT50) | Estimate: 60,000 - 90,000 HKD
RIGHT: 五糧液1909藝術家系列 - 黃宇興 Wuliangye 1909 Artist Collection - Huang Yuxing (1 BT70) | Estimate: 100,000 - 150,000 HKD

3822

Lot

1986年產汾酒 Fen Jiu 1986 (6 BT50)

Estimate: 8,500 – 11,000 HKD

The Yang Zhendong Selection: Premium Aged Chinese Baijiu | 楊振東臻選：中國陳年白酒專場

21 November 2025 | 2:00 PM HKT | Hong Kong

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3827

Lot

1992年產古井貢酒 Gu Jing Gong Jiu 1992 (6 BT50)

Estimate: 7,000 – 10,000 HKD

The Yang Zhendong Selection: Premium Aged Chinese Baijiu | 楊振東臻選：中國陳年白酒專場

21 November 2025 | 2:00 PM HKT | Hong Kong

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3828

Lot

1985-1986年產洋河大曲 Yanghe Da Qu circa 1985-1986 (6 BT50)

Estimate: 22,000 – 30,000 HKD

The Yang Zhendong Selection: Premium Aged Chinese Baijiu | 楊振東臻選：中國陳年白酒專場

21 November 2025 | 2:00 PM HKT | Hong Kong

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3829

Lot

2025年產文中醬酒關公 (文財神) Wen Zhong Jiang Jiu - Wen Cai Shen Edition 2025 (30 Litres)

Estimate: 15,000 – 20,000 HKD

The Yang Zhendong Selection: Premium Aged Chinese Baijiu | 楊振東臻選：中國陳年白酒專場

21 November 2025 | 2:00 PM HKT | Hong Kong

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The auction is open for online bidding from 7 November 2025 and end as a live auction on 21 November 2025 2:00pm HKT at Replica Shoes ’s Maison Hong Kong.

是次拍賣將於2025年11月7日開放網上競投，並於2025年11月21日下午2時在香港蘇富比旗艦藝廊以現場競拍形式作結。