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Kuaijishan Shaoxing rice wine (601579.SH): The company has already initiated the business plan for offline sales.
Kuaijishan Shaoxing rice wine (601579.SH) stated on the interactive platform on June 26 that the company will continue to vigorously promote bubble Chinese liquor (huangjiu) online, striving to attract and appeal to more young people. In addition to increasing sales on e-commerce platforms such as Douyin, PDD Holdings, Tmall, and JD.com, it will also increase comprehensive online promotion. Currently, the company has launched a business plan for offline sales, with a targeted focus on expanding business channels such as convenience stores and dining.
Kuaijishan Shaoxing Rice Wine (601579.SH): The current inventory has been restored and there is no longer a shortage phenomenon.
Kuaijishan Shaoxing rice wine (601579.SH) stated on the interactive platform on June 26th that the company's sales on e-commerce platforms such as Douyin, PDD Holdings, Tmall, and jd.com during the 618 period exceeded expectations. Since 618, the company has accelerated production organization, and inventory stocking has now recovered. There is currently no shortage of goods; as for the single link you mentioned showing nearly 900,000 orders, we don't have such a link.
Kuaijishan (601579.SH): plans to launch canned sparkling huangjiu (Chinese liquor).
Kuaijishan Shaoxing Rice Wine (601579.SH) stated on its interactive platform on June 26 that the company plans to launch canned sparkling Huangjiu (Chinese liquor), and is currently analyzing and researching the market.
Financial Morning News: The central bank has once again tightened the offshore market's renminbi liquidity. The amount of A-share buybacks this year has exceeded that of 2023.
New explosive policy in real estate! Government acquisition range expanded to county-level cities, experts say it can achieve a four-in-one effect. On June 20th, the Ministry of Housing and Urban-Rural Development held a video conference on the acquisition of existing commodity housing for use as affordable housing. At the meeting, the Ministry of Housing and Urban-Rural Development clearly stated that all regions should promote the effective acquisition of existing commodity houses for use as affordable housing in counties and cities above the county level. The Ministry of Housing and Urban-Rural Development stated that based on the local real estate market conditions, comprehensive consideration should be given to factors such as the actual demand for affordable housing, the inventory level of the commodity housing market, etc., in accordance with the principle of 'government leadership, market-oriented operation'.
Kuaijishan Shaoxing rice wine (601579.SH): In the first half of the year, "One-day, One-smoke" bubble Huangjiu accounted for 1.2% of the company's total liquor sales in 2023.
On June 20th, GeLongHui announced an abnormal stock trading announcement for Kuaijishan (601579.SH). After a self-inspection by the company, it was found that the company was concerned about recent media reports on the online sale of the brand new "One Day One Smoked" bubble Huangjiu developed in 2023. According to statistics, from January 1 to June 19, 2024, the single sales of "One Day One Smoked" bubble Huangjiu were 16.5 million yuan, accounting for 1.2% of the company's total sales of liquor in 2023, and have not yet had a significant impact on the company's performance. In addition to the above matters, no recent media reports or market conditions have been found that may have a significant impact on the company's stock trading price.
Earnings Not Telling The Story For Kuaijishan Shaoxing Rice Wine Co., Ltd. (SHSE:601579)
It's not a stretch to say that Kuaijishan Shaoxing Rice Wine Co., Ltd.'s (SHSE:601579) price-to-earnings (or "P/E") ratio of 30.9x right now seems quite "middle-of-the-road" compared to the market in
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