After 17 years of hard work, how will the actual controller Tan Yuxin guide Lanzhou Huanghe Enterprise to its future? | Quick read of the announcement.

① The actual controller of Lanzhou Huanghe has changed hands. After 17 long years of struggling since planning to "backdoor" into restructuring in 2008, Tan Yuexin has finally taken the position. ② After the new team takes office, how will they lead the underperforming Lanzhou Huanghe out of the mire?

cls.cnDec 16, 2024 19:32 ET

Kuaijishan shaoxing rice wine: Strengthen promotion leads to a significant increase in sales expenses, with revenue from high-end huangjiu increasing by over 60% | Directly hitting the earnings conference

① General manager Yang Gang stated that from January to September, the revenue growth of the high-end brand Lanting series compared to the same period last year was about 60% to 80%; ② The huangjiu(chinese liquor) cold drink activity focuses on guiding consumer habits, with evident lag effects in the results of the activity; ③ Products such as sparkling huangjiu(chinese liquor) and sparkling rice wine have shown significant growth compared to last year.

cls.cnNov 13, 2024 04:34 ET

Once again asked by investors about the baijiu business, Shanghai Jinfeng Wine responded unchanged: focusing on the huangjiu main business | Earnings conference spotlight

①When asked about the plan to inject Quanxing Liquor into a listed company, the company stated that it will still focus on the development of its huangjiu main business at present; ②Chairman Zhu Yong stated that huangjiu still focuses on mid-to-low-end products, with family consumption as the block orders; ③The company focuses on live streaming sales this year, with Douyin platform's overall sales reaching approximately 4 million since the beginning of the year.

cls.cnNov 8, 2024 03:01 ET

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, 2024 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, 2024 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, 2024 06:09 ET