New insights from the Earnings Reports of Shanghai Stock Exchange CSI SWS Food & Beverage companies: "Expanding domestic demand" empowers enterprises for "steady progress and dual drives."
① Under the favorable policies of 'expanding domestic demand', food and beverage companies represented by those listed on the Shanghai Stock Exchange have not only solidified the foundation of 'stability', but also achieved breakthroughs in 'progress'; ② From a 'stability' perspective, the performance of industry leaders is as solid as a rock, and the essential consumer nature and high-frequency consumption characteristics of the industry provide stable cash flow and risk resistance capabilities for enterprises; ③ From a 'progress' perspective, innovation-driven will become the core driving force for enterprise development.
After a two-year interval, Zhejiang Guyuelongshan Shaoxing Wine, known as the "King of Huangjiu(Chinese Liquor)," announced a price increase of up to 12%. This may boost Q2 performance.|Brief announcement.
① Zhejiang Guyuelongshan Shaoxing Wine and Kuaijishan Shaoxing Rice Wine have recently announced price increases for multiple product series; ② The company's Director Sun Aibao told reporters from the Financial Association that this is a minor price adjustment aimed at realizing the value return of Huangjiu(Chinese Liquor).
Guangdong Mingzhu has hit three consecutive daily limit up! The drone subsidiary is only registered without generating any revenue | Speed reading announcement
① Guangdong Mingzhu Group issued a stock trading risk reminder today, stating that the drone technology company has not yet signed any related sales order contracts. ② A representative from the company's securities department stated that the drone subsidiary is currently only registered as a business entity and is still in the early stages, having not generated any revenue or investment returns, which poses significant uncertainties for future operations.
Kuaijishan shaoxing rice wine: Strengthen promotion leads to a significant increase in sales expenses, with revenue from high-end huangjiu increasing by over 60% | Directly hitting the earnings conference
① General manager Yang Gang stated that from January to September, the revenue growth of the high-end brand Lanting series compared to the same period last year was about 60% to 80%; ② The huangjiu(chinese liquor) cold drink activity focuses on guiding consumer habits, with evident lag effects in the results of the activity; ③ Products such as sparkling huangjiu(chinese liquor) and sparkling rice wine have shown significant growth compared to last year.
Once again asked about the baijiu business, Shanghai Jinfeng Wine responded unchanged: focus on the main business of huangjiu | directly hit the earnings conference
①When asked about the plan to inject Quanxing Liquor into the listed company, the company stated that it is currently focusing on the development of its huangjiu block orders. ②Chairman Zhu Yong stated that huangjiu still focuses on medium to low-end products, with household consumer as the main target. ③The company focuses on live streaming sales this year, with the overall sales on Douyin platform reaching around 4 million since the beginning of the year.
The chairman of Jinggong Group conspired with private equity to manipulate the stock price of Kuaijishan, but failed to save the stock price and lost 1.74 million, and was fined 2.4 million.
①Former chairman of Jinggong Group, Jin, and former president of Shanghai Taihehui, Liu, were jointly fined 2.9 million for manipulating the stock of "kuaijishan" through the use of Shanghai Pangzeng's private equity products. ②Five months ago, Shanghai Pangzeng Investment and its partners were fined for transferring their investment and management responsibilities to Shanghai Taihehui. ③The account group involved in the case incurred losses of approximately 1.739 million during the manipulation period of trading in "kuaijishan" stocks.