Former "Northwest Beer King" changes ownership confirming, lanzhou huanghe enterprise's second shareholder may be promoted | Quick announcement

① There may be a change in control of Lanzhou Huanghe Enterprise, with the second shareholder potentially taking precedence, and the company's stocks will resume trading from tomorrow. ② Matters related to the "Framework Agreement" signed by all parties involved this time must be formalized in a separate equity transfer agreement before implementation.

cls.cnNov 7 10:48 ET

Chongqing Brewery: Revenue growth rate in the first three quarters is far below the annual target, with a decline in revenue from high-end products | Interpretations

1. Chongqing Brewery's revenue in the first three quarters increased by 0.26% year-on-year, falling short of the target guidance set at the beginning of the year. The company may not be able to meet this year's revenue expectations. 2. Sales of Chongqing Brewery's high-end products declined in the first three quarters, while sales of mainstream products remained stable, posing challenges to the company's high-end global strategy. 3. Some dealers have reflected that certain high-end products of Chongqing Brewery are difficult to sell, and there are instances of "indirect" bundling behavior.

cls.cnOct 30 08:40 ET

Tsingtao Brewery's Q3 revenue decreased by 5.28% year-on-year, with net income declining by 9.03% | Financial Report Insights

Tsingtao Brewery's Q3 revenue and net income both decreased year-on-year. The revenue was 8.891 billion yuan, a decrease of 5.28% year-on-year; while the net income was 1.348 billion yuan, a decrease of 9.03% year-on-year.

wallstreetcnOct 29 06:09 ET

Under the haze of food safety, the refinement of the “cost reduction” management of Tsingtao Brewery is being compromised

“Outsourcing” cannot be entirely blamed.

wallstreetcnOct 23, 2023 00:28 ET

Financial Report 2023 | High-end production is blocked, where can I find the “increment” of Chongqing beer after the cost reduction

The beer industry's consumption upgrade is not over

wallstreetcnAug 17, 2023 21:33 ET

Cai Xukun's “Collapsed House” A Shares Perspective: Yanjing Beer and Tomson Beijian's Endorsements Are Still Top

Traffic entertainers are sometimes a double-edged sword for brands. On June 26, a user with the Weibo account “Ms. C is not too brave” claimed that the traffic artist Cai Xukun had a relationship with a woman, causing her to have an abortion after becoming pregnant, etc., and pointed out that Cai Xukun's mother installed a camera at the woman's doorstep. Cai Xukun has been slow to respond to this. Until the evening of July 2, after CCTV and other platforms removed their videos, Cai Xukun finally responded on the morning of July 3. “There have been a lot of topics about me on the internet recently, so I'm sorry this has taken up everyone's time and attention. I was single two years ago and had a relationship with Ms. C

Wallstreet NewsJul 3, 2023 03:02 ET