Liquor Price Report Dec 4: Gujing Gong Jiu 20 Dips by 3 Yuan

Deep News12-04 09:30

The latest data from Sina Finance's "Liquor Price Report" shows that the average retail prices of ten major liquor products experienced a broad decline on Thursday, marking an end to the recent consolidation trend. If bundled together, the total price for one bottle each of these ten products today stands at 9,168 yuan, down 30 yuan from the previous day.

The daily liquor price data is collected from approximately 200 sampling points across China, including authorized distributors, independent retailers, major e-commerce platforms, and retail outlets. The data reflects actual transaction prices over the past 24 hours, ensuring an objective, accurate, and traceable reference for market participants.

Among the top ten products, most saw price declines. Qinghua Lang continued its upward trend, rising by 10 yuan per bottle for the fifth consecutive day. Guojiao 1573 and Xijiu Junpin increased by 9 yuan and 7 yuan per bottle respectively, showing relative resilience. Wuliangye Pu Wu 8th Generation edged up by 1 yuan per bottle. On the downside, Yanghe Dream Blue M6+ dropped sharply by 24 yuan per bottle, leading the declines after recent gains. Crystal Jiannanchun fell by 12 yuan per bottle, while Qinghua Fen 20 decreased by 8 yuan per bottle. Premium Moutai and Feitian Moutai declined by 6 yuan and 4 yuan per bottle respectively. Gujing Gong Jiu 20 dipped slightly by 3 yuan per bottle.

In industry news, Kweichow Moutai recently held an extraordinary shareholders' meeting, approving proposals including director elections, interim profit distribution, and share repurchases. New Chairman Chen Hua made his debut, discussing the company's commitment to high-quality development and sustainable value creation. The management addressed investor concerns in detail. Analysts maintain a positive outlook on Moutai, citing its strong brand moat, superior business model, stable profitability, and high-quality cash flows. According to Moutai's 2024-2026 dividend plan, annual cash payouts will be no less than 75% of net profit, with an implied 2025 dividend yield of 3.6%, highlighting its medium-to-long term investment value. The company is expected to maintain steady growth during China's 15th Five-Year Plan period, with analysts reiterating a "Buy" rating.

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