600809 Shanxi Xinghuacun Fen Wine FactoryWatchlist
About Shanxi Xinghuacun Fen Wine Factory Company
The company is a large-scale national enterprise that mainly produces and sells liquor, integrating trade, tourism, catering, etc. The group has 5 wholly-owned subsidiaries, 11 holding subsidiaries, 2 branches, and 1 affiliated unit. The Group currently employs nearly 10,000 people. Among them, Shanxi Xinghuacun Fen Distillery Co., Ltd. is a core subsidiary of Fenjiu Group. It was listed on the Shanghai Stock Exchange in 1993, the first stock of Chinese liquor and the first stock in Shanxi. The company's main business is the production and sale of Fenjiu, Zhuye Qingshu and a series of liquors. The company's main products: Fenjiu, Zhuye Qingjiu and its series of liquor company honors: National Science Conference Advanced Collective; Third Prize for Scientific Research Achievements; Top 500 Companies with Best Economic Benefits in China's Beverage Manufacturing Industry; Provincial Advanced Technological Advancement and Excellence Award, etc. The company received awards such as the “2019 Beautiful 100 Potential Companies” issued by the Securities Times and the “Most Trustworthy Listed Company Excellence Award by Investors” issued by CCTV.
Tianfeng Securities: Does the liquor industry have a chance to exceed expectations during the Mid-Autumn Festival National Day?
Tianfeng Securities believes that the repayment side of the liquor industry performed well during the Mid-Autumn Festival of the 23rd National Day. At the same time, actual sales performance is expected to be good, and the inventory side performance of strong alpha liquor companies is expected to improve.
Huachuang Securities: Liquor companies in Anhui Province are generally making good repayment progress, and double festival banquet reservations have increased year-on-year
Huacheng Securities released a research report saying that they are looking forward to the Mid-Autumn Festival and National Day peak season and prefer definitive leaders.
Dongwu Securities: Liquor companies' progress is in line with expectations, and channels are actively growing
GLONGHUI, September 27 | Dongwu Securities Research Report pointed out that under the impetus of K-type recovery this year, the performance of most high-end liquors and high-quality real estate liquors has become more stable, achieving excellent reporting performance, and has more outstanding fundamental support — good performance in the first half of the year and overall better stock prices. Looking ahead to the second half of the year, overall sales in July still maintained a weak recovery performance. August benefited from a month-on-month improvement in banquets. We expect sales growth during the Mid-Autumn Festival, and advantageous regional brands are expected to achieve double-digit sales growth; inventory is expected to remain flat after the holiday season, and some regions will decline evenly. Liquor companies are actively promoting repayment and promotional sales this year. We believe most wine companies will complete their annual tasks in the second half of the year