2月3日，A股茅台高开，一度涨超3%。在消息面上，1499元飞天上线i茅台已满月，i茅台披露关键数据。 数据显示，过去1个月，i茅台新增用户628万，月活用户超1531万。随着飞天53%vol 500ml贵州茅台酒及其往年 酒、53%vol 500ml贵州茅台酒（丙午马年）、53%vol 500ml贵州茅台酒（鼓乐飞天）、53%vol 500ml陈年贵州 茅台酒（15）等产品陆续上架， 超过145万人购买到了自己心仪的产品，成交订单超212万笔，其中飞天53%vol 500ml贵州茅台酒的成交订单超143万笔。 根据前3天每人每日限购1—12瓶、后28天1—6瓶的规则（注：1月4日后调整购买规则，每人每日购买上限由12 瓶调整为6瓶），可粗略推算出该产品单月销量约在143万—942万瓶之间。 这是i茅台自1月1日焕新改版以来，第3次披露用户成交数据。 据i茅台1月3日披露数据，元旦假期3天超10万名 用户购得产品。1月9日公布的数据显示，i茅台9天新增用户超270万，成交用户超40万。 | 今开 | 1445.00 | | 最高 | 1476.81 | | 成交量 | 4.38万手 | | --- | --- ...

Group 1 - The core point of the article is the leadership change at Moutai Sauce Aroma Liquor Marketing Co., Ltd., with Xie Qinqing nominated as the new chairman, succeeding Zhang Guichao, who is expected to be promoted [1] - Xie Qinqing, born in September 1982, has held various positions within the Moutai Group, including employee director and department head, indicating a strong background in company management [3] - The personnel adjustment comes at a critical development stage for Moutai's series of liquors, which are positioned as key growth drivers for the company [3] Group 2 - Moutai Sauce Aroma Liquor Company is responsible for operating several brands, including Moutai Prince Liquor, Hanjiang, and Moutai 1935, which are part of the company's dual-driven strategy [3] - Sales figures for Moutai Sauce Aroma series liquor reached 24.68 billion yuan and 17.88 billion yuan in the first three quarters of 2024 and 2025, respectively [3] - Moutai Group has identified its series of liquors as a crucial growth engine, with Moutai 1935 being positioned as a billion-level high-end product, aimed at enhancing the mid-to-high-end product line and expanding market coverage [3]

格隆汇2月3日｜方正证券研报指出，i 茅台自1月上架飞天/生肖/陈年/文创/低度等产品，近1个月新增用 户628万人，月活用户超1531万，共有145万人成功购买，成交订单超212万笔，其中53%vol 500ml飞天 茅台的成交订单超143万笔。线下稳定出货，价格稳步回升。据今日酒价，1月1日至31日，飞天茅台散 瓶批发价格从1540元/瓶提高至1650元/瓶。同时，马年生肖酒受错版事件催化，稀缺收藏属性受到关 注，原价1899元的经典版在二手市场价格快速攀升至2300-2800元区间，进一步增加了品牌曝光和购买 热情。在行业承压阶段，公司改革创新不断深化，坚持传承与创新协调发展。坚持量价平衡，重视经销 商利益，主动帮助减缓渠道压力。本次产品、运营模式、渠道、价格体系的调整将加速经销商群体的分 化与升级，未来服务能力、终端掌控力、消费者链接能力将成为核心价值。维持"强烈推荐"评级。 ...

作者 |一财阿驴 2月3日，A股三大指数震荡上行，截至收盘，沪指涨1.29%，深成指涨2.19%，创业板指涨1.86%。科创 综指涨2.44%。 | 代码 | 名称 | 两日图 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 000001 | 上证指数 | more | 4067.74c | 51.99 | 1.29% | | 399001 | 深证成指 | mi | 14127.11c | 302.75 | 2.19% | | 399006 | 创业板指 | will | 3324.89c | 60.78 | 1.86% | | 000680 | 科创综指 | mill | 1803.14c | 42.92 | 2.44% | 盘面上，光伏产业链爆发，太空光伏方向领涨；算力硬件概念股活跃，CPO方向涨幅靠前；商业航天、 深海科技、特高压、AI应用题材表现强势。 具体来看，光伏设备概念集体爆发，帝科股份、海优新材等多股涨停。 2026.02.03 本文字数：697，阅读时长大约1分钟 主力资金全天净流入通信、光伏设备、国防军工等板块，净流出有 ...

Core Insights - The main focus of the articles is on the significant inflow of capital into specific stocks, highlighting the top 20 stocks by principal capital inflow as of February 3rd, with notable performances in various sectors [1][2][3] Group 1: Stock Performance - Aerospace Development (航天发展) saw a capital inflow of 2.031 billion, with a price increase of 9.99% [2] - Huasheng Tiancheng (华胜天成) experienced a capital inflow of 1.698 billion, with a price increase of 10.01% [2] - Kweichow Moutai (贵州茅台) had a capital inflow of 1.212 billion, with a price increase of 3.36% [2] - Xinyi Communication (信维通信) reported a capital inflow of 1.087 billion, with a price increase of 13.12% [2] - Tongyu Communication (通宇通讯) had a capital inflow of 1.059 billion, with a price increase of 10% [2] Group 2: Sector Analysis - The telecommunications equipment sector, represented by companies like Aerospace Development, Xinyi Communication, and Tongyu Communication, showed strong capital inflows, indicating investor confidence in this sector [2][3] - The internet services sector, with Huasheng Tiancheng and Yanshan Technology (岩山科技), also attracted significant capital, reflecting growth potential in digital services [2][3] - The brewing industry, represented by Kweichow Moutai, continues to draw investment, albeit with a lower growth rate compared to technology sectors [2][3] Group 3: Additional Notable Stocks - Other notable stocks include Hailanxin (海兰信) with a capital inflow of 1.038 billion and a price increase of 15.82%, indicating strong performance in the shipbuilding sector [2][3] - Yongding Co. (永鼎股份) attracted 906 million with an 8.67% increase, also in the telecommunications equipment sector [2][3] - Sany Heavy Industry (三一重工) saw a capital inflow of 675 million with a 7.95% increase, reflecting stability in the engineering machinery sector [3]

格隆汇2月3日丨宋城演艺(300144.SZ)在互动平台表示，公司暂未与贵州茅台开展合作。 ...

贵州茅台成交额达100亿元，现涨3.01%。 ...

Core Viewpoint - The data indicates significant capital inflows into various stocks, highlighting potential investment opportunities in specific sectors such as communication equipment, internet services, and consumer electronics [1][2][3]. Group 1: Stock Performance and Capital Inflows - Aerospace Development saw a capital inflow of 1.893 billion, with a price increase of 9.99% [2] - Huasheng Tiancheng experienced a capital inflow of 1.676 billion, with a price increase of 10.01% [2] - Kweichow Moutai had a capital inflow of 1.137 billion, with a price increase of 3.08% [2] - Hailanxin recorded a capital inflow of 1.063 billion, with a price increase of 14.64% [2] - Tongyu Communication had a capital inflow of 1.029 billion, with a price increase of 10% [2] - Yongding Co. saw a capital inflow of 810 million, with a price increase of 7.51% [2] - Yanshan Technology had a capital inflow of 809 million, with a price increase of 4.07% [2] - Xinyi Communication recorded a capital inflow of 734 million, with a price increase of 9.47% [2] - Zhejiang Wenhu Interconnect had a capital inflow of 719 million, with a price increase of 9.99% [2] - Hongbaoli saw a capital inflow of 679 million, with a price increase of 10.04% [2] - Julisi saw a capital inflow of 672 million, with a price increase of 10.03% [3] - Sanhua Intelligent Control had a capital inflow of 620 million, with a price increase of 2.56% [3] - China Shipbuilding recorded a capital inflow of 594 million, with a price increase of 4.38% [3] - Shenjian Co. saw a capital inflow of 568 million, with a price increase of 10.04% [3] - Tianfu Communication had a capital inflow of 566 million, with a price increase of 13.91% [3] - Sany Heavy Industry recorded a capital inflow of 492 million, with a price increase of 6.74% [3] - Goldwind Technology saw a capital inflow of 474 million, with a price increase of 5.11% [3] - Wangsu Science & Technology had a capital inflow of 459 million, with a price increase of 10.13% [3] - Xian Dao Intelligent recorded a capital inflow of 445 million, with a price increase of 7.41% [3] - Zhongheng Electric saw a capital inflow of 429 million, with a price increase of 10.01% [3]

Group 1 - Wuliangye will launch a "Shareholder Discount Wine Purchase Activity" from February 2 to February 28, 2026, exclusively for shareholders registered by December 17, 2025 [1] - Jinsha Huashao has officially announced singer Jinsha as its brand ambassador and is promoting the new Jinsha Huashao Wine from the 1950s [2] - Guizhou Moutai Digital Technology Co., Ltd. was inaugurated, with a focus on enhancing platform operations and supporting the company's high-quality development [2] Group 2 - Li Qiangqing has been appointed as the General Manager of Guizhou Moutai Sales Co., Ltd., bringing extensive experience from various leadership roles within the Moutai Group [3] - Shanxi Fenjiu participated in the 2026 Shanxi Old Brand Carnival, showcasing its products and engaging consumers through interactive experiences [4] - Meituan Flash Purchase is collaborating with Shede Liquor for a comprehensive marketing campaign during the 2026 Spring Festival, emphasizing online and offline integration [5] Group 3 - The National Standardization Administration has released a new national standard for beer quality (GB/T4927-2025), set to be implemented on January 1, 2027, introducing significant changes in product classification [6][7] - Wan Guodong has resigned as General Manager of Qinghai Huzhu Tianyoude Qinkui Wine Co., Ltd., effective immediately, due to personal reasons [8]

Core Viewpoint - i Moutai has shown strong performance in January 2026, with significant user growth and sales volume, indicating a successful market strategy and operational adjustments [1][3]. Group 1: Operational Performance - In January 2026, i Moutai added 6.28 million new users, with monthly active users exceeding 15.31 million and total transactions surpassing 2.12 million [1]. - The core product, "Pu Fei," accounted for over 67% of total transactions, with estimated sales of approximately 5.72 million bottles and revenue contribution of about 7.6 billion [1]. - The sales forecast for the pre-Spring Festival period suggests a total sales volume of 3,562 tons, contributing around 10 billion in revenue, with expectations of a 30% year-on-year increase in "Pu Fei" sales [1][2]. Group 2: Strategic Reforms - i Moutai is undergoing significant reforms, including the cancellation of distribution models and a shift to consignment for high-value products, which is expected to accelerate inventory turnover [2][3]. - The company is focusing on high-value products while controlling inventory levels, leading to a rapid consumption of existing stock and a potential for double-digit growth during the Spring Festival [2]. Group 3: Market Outlook - The adjustments in the sales management team are expected to enhance operational effectiveness, with resilient demand for "Pu Fei" and low inventory levels for high-value products [4]. - The company maintains its earnings per share (EPS) forecasts for 2025-2027 at 72.44, 74.89, and 80.18 yuan, with a target price of 2,600 yuan and a "strong buy" rating [4].