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Express News | The CSI Consumer 360 index is active against the trend, with Guangzhou Lingnan Group Holdings and several other stocks hitting the limit up.
A-share fluctuations | The Baijiu(Chinese Liquor) Sector is rebounding, Shede Spirits rises over 7%, and Kweichow Moutai increases by 2% after its performance.
On April 3rd, Gelonghui reported that A-share Baijiu stocks are rebounding, with Shede Spirits rising over 7%, Kweichow Moutai increasing 2% after earnings, and Jiugui Liquor, Sichuan Swellfun, Shanxi Xinghuacun Fen Wine Factory, and Anhui Gujing Distillery also following suit. HTSC's Research Reports indicate that the spring sugar liquor industry feedback is stable in 2025, with fundamentals gradually recovering and demand improving month-on-month after the holiday. The Baijiu industry is entering a positive recovery period, with a bullish outlook on short-term fundamental performance and long-term resilience in top liquor companies that are expected to weather cycles. In terms of individual stocks, Kweichow Moutai expects to achieve total operating income of 174.144 billion yuan in 2024, a year-on-year growth of 15.66%; attributable to the Shareholder.
Shede Spirits (600702): The consumer environment is weak, and performance is under short-term pressure.
The company released its 2024 annual report, achieving revenue of 5.357 billion yuan for the year, down 24.4% year-on-year; achieving net income attributable to shareholders of 0.346 billion yuan, down 80.5% year-on-year. Looking at the fourth quarter alone, the company achieved revenue of 8.
Express News | Shede Spirits: has repurchased 1.5764 million shares, with a total amount of funds used being 94.4233 million yuan.
Shede Spirits (600702): Streamlined channels for a light start, Stock-based Incentive ensures protection.
On March 21, 2025, Shede Spirits released the 2024 annual report. In 2024, the company achieved a total operating revenue of 5.357 billion yuan, down 24.41% year-on-year, and realized a net income of 0.346 billion yuan, year-on-year.
Shede Spirits (600702): Launching incentives again, aiming for progress.
Investment Highlights: The company has released a draft for the 2025 restricted stock incentive plan, proposing to grant up to 2.0366 million restricted stocks, accounting for approximately 0.61% of the total share capital (current Market Cap is 0.116 billion yuan), and the number of recipients will not exceed.