Chongqing Brewery's performance slightly fell short of Institutions' expectations, with revenue slightly declining and not meeting the annual growth target. | Interpretations

① Last year, Chongqing Brewery experienced a decline in both revenue and Net income, falling short of the expectations of most Brokerages and failing to meet the company's previously set revenue growth target. ② Last year, the overall sales volume of Chongqing Brewery's beer products decreased by 0.75%, but the proportion of high-end beer sales increased throughout the year. ③ Chongqing Brewery stated that the consumption scenarios of draft beer in its Dining and Entertainment channels are under pressure and it is accelerating the development of non-draft channels.

cls.cnFeb 6 10:14 ET

Behind the insider trading fine of the chairman of Mogao Co., Ltd.: repeated disclosure errors and persistent Operation pressure | Quick read announcement.

① Mogao Co., Ltd. announced that during the restructuring of Haotian Technology, Chairman Du Guangzhen engaged in insider trading of the company's stocks, making a profit of 0.1994 million yuan. The Qinghai Securities Regulatory Bureau decided to confiscate Du Guangzhen's illegal gains and imposed a fine of 1.5 million yuan; ② The company's operational pressure is "ever-present" — continuous revenue growth without profit, and operating cash flow has been in a net outflow state for five consecutive years.

cls.cnJan 5 20:13 ET

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