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A-shares fluctuate丨Anticipating consumption policies to boost on March 17, Baijiu stocks rebound strongly! Shede Spirits hits the limit up, Jiugui Liquor rises by 7%.
On March 14, according to Gelonghui, the Baijiu(Chinese Liquor) stocks in the A-share market rebounded strongly. Shede Spirits hit the ceiling, Jiugui Liquor rose by 7%, Sichuan Swellfun increased by more than 6%, Luzhou Laojiao rose by more than 5%, Wuliangye Yibin and Hebei Hengshui Laobaigan Liquor rose by more than 4%. Gansu Huangtai Wine-Marketing Industry, Anhui Yingjia Distillery, Kweichow Moutai, Jinhui Liquor, Xinjiang Yilite Industry, Anhui Golden Seed Winery, Shanxi Xinghuacun Fen Wine Factory, and Anhui Gujing Distillery rose by more than 3%. Qinghai Huzhu TianYouDe Highland Barley Spirit, Anhui Kouzi Distillery, Anhui Gujing Distillery, Jiangsu King's Luck Brewery Joint-Stock, and Jiangsu Yanghe Brewery Joint-Stock rose by more than 2%. On the news side, the State Council Information Office will hold a press conference on March 17, 2025 (Monday) at 3 PM, inviting Li Chunlin, Deputy Director of the National Development and Reform Commission, along with representatives from the Ministry of Finance
Express News | COFCO Liquor Industry is developing cooperative exchanges with Hunan Aviation.
Express News | Chairman Yu Donglai of the Pangdonglai Group investigated Jiugui Liquor Company.
Express News | Seeking a balance between volume, price, and profit, several listed liquor companies have stopped supplying part of their products.
Ascent Bridge Unit Enters Into Collaboration With Jiugui Liquor; Shares Surge 12%
Jiugui Liquor (000799): In 2024, fees and investments increase profit pressure; in 2025, waiting for the company's Operation improvement.
Event: On January 23, the company released its 2024 performance forecast, expecting a revenue of approximately 1.423 billion yuan in 2024, a year-on-year decrease of 49.7%; expected net income attributable to the parent company is between 0.01-0.015 billion yuan, a year-on-year decline.