The word "酿酒" is formed by combining the character "酿", which means to ferment or brew and is composed of the radical "酉" (related to alcohol) and the phonetic component "良", with the character "酒", meaning wine or alcoholic drink, which also uses the radical "酉" to signify its connection to liquor. This combination creates a verb-object structure where "酿" denotes the action and "酒" is the object, resulting in the meaning "to brew wine".