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Guyue Longshan Report for the First Quarter of 2025
Guyue Longshan Business Data Announcement for January-March 2025
Zhejiang Guyuelongshan Shaoxing Wine (600059.SH): In the first quarter, the net income was 59.0187 million yuan, a decrease of 4.82% year-on-year.
On April 24, Gelonghui reported that Zhejiang Guyuelongshan Shaoxing Wine (600059.SH) announced its first quarter report, with revenue of 0.539 billion yuan, a year-on-year decrease of 4.90%. The net income attributable to shareholders of the listed company was 59.0187 million yuan, a year-on-year decrease of 4.82%. The net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 57.05 million yuan, a year-on-year decrease of 6.43%.
Zhejiang Guyuelongshan Shaoxing Wine (600059.SH): Plans to repurchase shares amounting to 0.2 billion to -0.3 billion yuan.
Gelonghui reported on April 24 that Zhejiang Guyuelongshan Shaoxing Wine (600059.SH) announced a plan to repurchase shares for an amount not less than 0.2 billion RMB and not exceeding 0.3 billion RMB, with a repurchase price not exceeding 12.83 RMB per share, to be used for employee stock ownership plans or Stock-based Incentive; if the company fails to use the repurchased shares for the aforementioned purposes within 36 months after the completion of this share repurchase, the unused repurchased shares will be canceled.
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).
Zhejiang Guyuelongshan Shaoxing Wine (600059.SH): Some products will increase in price starting April 22.
On April 1, Gelonghui announced that Zhejiang Guyuelongshan Shaoxing Wine (600059.SH) has decided to adjust the sales prices of some key products after careful consideration and research by the company, in light of the optimization and adjustment of packaging and formulations for certain products, to further enhance the company's brand power and competitiveness, along with the current market supply and demand for products: the price increase for the彩包花雕 (Jiafan) series Huangjiu(Chinese Liquor) is 2%-5%, the price increase for the清醇三年 series Huangjiu(Chinese Liquor) is 4%-8%, the price increase for some坛酒 series Huangjiu(Chinese Liquor) is 8%-9%, the price increase for some五年陈 series Huangjiu(Chinese Liquor) is 5%-12%, and some青花醉.
Zhejiang Guyuelongshan Shaoxing Wine Co.,Ltd's (SHSE:600059) Share Price Matching Investor Opinion
