Group 1 - The core viewpoint of the report indicates that the food and beverage industry experienced a downturn in performance and stock prices in 2025, with revenue growth slowing and net profit declining for the first time [2][16][23] - The food and beverage sector's revenue for the first three quarters of 2025 was 831.395 billion yuan, a year-on-year increase of only 0.14%, while net profit decreased by 4.57%, ranking 20th and 21st among 31 industries respectively [16][20] - The stock prices of the food and beverage sector fell by 4.72% from January to November 2025, placing it at the bottom of the performance rankings among the 31 industries [23][27] Group 2 - In the liquor industry, the report notes that channel destocking and low valuations combined with high dividend yields provide support for stock prices, despite a challenging environment due to policy impacts [3][36] - The report predicts that the white liquor industry will enter a "volume-price double kill" phase, characterized by intensified competition and market consolidation [3][36] - The report highlights that the beer sector is expected to see marginal improvements in 2026 due to cost advantages and a recovery in on-premise consumption [4][36] Group 3 - The dairy sector is experiencing a recovery in demand, with low-temperature and deep-processed dairy products showing positive growth, while the overall profitability of dairy companies varies significantly [4][9] - The condiment industry is evolving towards customization driven by the rise of chain restaurants and strong retail channels, with a focus on companies that can meet tailored demands [4][9] - The frozen food sector is expected to return to positive growth as price wars ease, with companies like Anji actively exploring new sales channels [4][9] Group 4 - The soft drink market is primarily driven by functional beverages, which are seen as a high-growth segment, while the overall market growth is expected to rely on structural upgrades [4][9] - The snack industry is facing challenges with "revenue without profit," and companies with health-oriented products and strong channel advantages are recommended for attention [4][9]

"i茅台"连续19天秒空，代抢软件出现了，黄牛称可"提前入场" 【中国白酒网】"i茅台"售价与市场价之间存在套利空间，特别是新款马年生肖茅台单瓶溢价超过 700元。 "i茅台"连续多日的秒空现象，让抢茅台再次成为一门生意。 记者了解到，"i茅台"上热销产品已连续19天"秒空"售罄。由于"i茅台"售价与市场价之间存在套利 空间，特别是新款马年生肖茅台单瓶溢价超过700元，黄牛们使出了自动抢购、提前入场等脚本和软件 这类"科技与狠活"。 有酒商向记者表示，近期茅台市场价格较为稳定，零售价约在1550元/瓶左右，套利空间不大，但 马茅等品种的套利空间依然可观。第三方平台数据显示，基础款马茅（发售价1899元）的批发价约在 2600元/瓶，珍享版的批发价更是达到5400元/瓶，较2499元的发售价翻了一倍。 对此，今日记者多次尝试拨打i茅台客服电话，但始终提示等待人数过多，即便多次选择继续等待 直至电话自动挂断，也未能接通。在线客服同样显示为繁忙状态。 据黄牛透露，较高的命中率背后有"科技与狠活"：一方面依靠人工凭经验操作，另一方面也借助辅 助软件和脚本。在黄牛晒出的视频中，多部手机摆在一起，通过执行脚本自动刷新购买 ...

今日有3只股收盘价首次突破百元大关，新泉股份最新收盘价103.71元，上涨3.95%，全天换手率 6.00%，成交额31.78亿元，全天主力资金净流入2.11亿元。奥比中光今日报收102.46元，上涨4.23%，全 天换手率0.04%，成交额14.55亿元，全天主力资金净流入4341.09万元。金盘科技今日报收106.24元，上 涨8.43%，全天换手率0.06%，成交额28.33亿元，全天主力资金净流入8542.09万元。 最新百元股中，以申万一级行业分类，较为集中的行业有电子、机械设备、计算机等，其中，电子行业 有79只股上榜，占百元股总数的比例为35.59%；有26只股来自机械设备行业，占比11.71%；24只股来 自计算机行业，占比10.81%。 以最新收盘价计算，A股平均股价为14.69元，其中股价超过100元的有222只，相比上一个交易日增加5 只。 百元股作为判定市场热度的信号之一，历来受到投资者关注。证券时报·数据宝统计显示，截至1月19日 收盘，沪指报收4114.00点，上涨0.29%，A股平均股价为14.69元，个股股价分布看，股价超过100元的 有222只，股价在50元至100元的有53 ...

（文章来源：证券日报） 证券日报网讯 1月19日，得利斯在互动平台回答投资者提问时表示，公司与贵州茅台集团在本次参观过 程中就产业升级、品牌国际化、可持续发展等议题进行了讨论，后续双方将继续保持良好沟通，探索在 技术研发、市场资源整合等领域合作的可能。 ...

Group 1: Market Performance - A-shares experienced a slight increase with the consumer sector performing well, as evidenced by the leading consumer ETF (159928) rising by 0.39% and achieving a trading volume exceeding 360 million yuan [1] - The consumer ETF has seen a net subscription of 28 million units today, accumulating over 1.6 billion yuan in the past five days [1] Group 2: Economic Data - The National Bureau of Statistics reported that China's GDP for the year reached 14,018.79 billion yuan, reflecting a 5% growth year-on-year at constant prices [3] - In December 2025, the retail sales of consumer goods grew by 0.9% year-on-year, a decrease of 0.4 percentage points compared to November [3] - The per capita disposable income for residents in 2025 was 43,377 yuan, marking a nominal increase of 5% year-on-year, with a real growth of 5% after adjusting for price factors [3] Group 3: Consumer Trends and Policies - The focus on enhancing service consumption is evident, with a CAGR of approximately 9.6% in per capita service consumption from 2020 to 2024, expected to reach 46.1% of total consumption by 2024 [7] - The government aims to boost domestic demand and has outlined key tasks for 2026, emphasizing the importance of "domestic demand as the main driver" [3][7] - Policies are expected to support sectors such as elderly care, cultural tourism, and sports, with a focus on new consumption scenarios and enhancing service quality [4][8] Group 4: Investment Opportunities - The consumer ETF (159928) is noted for its resilience across economic cycles, with a TTM price-to-earnings ratio of 18.91, which is lower than 99% of the historical data over the past decade [4][9] - The top ten holdings in the consumer ETF account for over 68.55% of its weight, with significant representation from leading liquor brands and agricultural companies [9][10] - The Hong Kong Stock Connect Consumer 50 ETF (159268) is highlighted as an efficient investment vehicle for the consumer sector, particularly appealing to the younger generation [10]

"i茅台"连续多日的秒空现象，让抢茅台再次成为一门生意。 记者按软件商的教程安装脚本后发现，确实可以提前进入购买状态，但点击后系统却提示"库存不 足"或"活动已结束"。对此，软件商解释称，该脚本的主要功能是"无库存进入订单"，并不保证100% 抢到，不过一旦商家上架或有回流库存，使用者大概率能比其他等待页面刷新的消费者更早一步直接 付款。 在部分二手平台上，各种代抢茅台服务的报价从20元到50元/单不等。有黄牛宣称"包中"，并晒出大 量代抢成功的订单。一位黄牛告诉记者，马茅是当前热门商品，无法保证百分之百抢到，但普通茅台 的命中率较高。 据黄牛透露，较高的命中率背后有"科技与狠活"：一方面依靠人工凭经验操作，另一方面也借助辅助 软件和脚本。在黄牛晒出的视频中，多部手机摆在一起，通过执行脚本自动刷新购买页面、抢购商 品。记者发现，这类辅助软件原本并非专为抢茅台设计，多用于抢购演唱会门票等场景，但由于茅台 存在套利空间，因此出现了专门针对抢茅台的脚本。 对于马茅等热门商品，有软件商声称可以"提前入场"，从而提高命中率。记者从一家软件商展示的产 品视频中看到，在使用脚本前，"i茅台"购买页面显示为"已售罄"，而运行 ...

"离开茅台镇，生产不了茅台酒"——这句论断像一把钥匙，打开了15.03平方公里茅台酒核心产区的神 秘大门。这片被赤水河环抱的土地，不是普通的酿酒场地，这里藏着茅台最金贵的"生态密码"——自然 生态的水土气、人文生态的老规矩、微生态的小生命，三者如齿轮般咬合转动，才酿出这杯独一无二的 酱香。 生物多样性、完整性和稳定性也是茅台一直关注的重点：植物方面，茅台持续开展《植被生态系统构建 及生物多样性协同保护》研究，让两岸草木郁郁苍苍；动物方面，常态化监测赤水河流域的鱼类、浮游 动物，珍稀物种的重现印证着生态向好；就连看不见的微生物也在这里繁衍千年——它们与水、土、气 要素一道，共同为酿酒产业筑牢了自然根基。 微生态：千年风土与酿酒技艺沉淀的"隐形工匠" 如果说自然生态是"舞台"，那微生态就是台上的"主角"。从商周时期"濮人善酿"开始，2000多年的酿酒 实践，让核心产区慢慢选育出一套独特的微生物生态系统，它们是茅台最珍贵的"隐形工匠"。 截至目前，茅台已发现约600个科2800个属的原核微生物，200余个科的500个属的真核微生物，体现了 茅台酿造微生物的多样性；120余株酿酒酵母全基因组比对结果显示茅台酒酿造环境 ...

2026.01.19 本文字数：1109，阅读时长大约2分钟 有酒商向记者表示，近期茅台市场价格较为稳定，零售价约在1550元/瓶左右，套利空间不大，但马茅 等品种的套利空间依然可观。第三方平台数据显示，基础款马茅（发售价1899元）的批发价约在2600 元/瓶，珍享版的批发价更是达到5400元/瓶，较2499元的发售价翻了一倍。 对此，今日记者多次尝试拨打i茅台客服电话，但始终提示等待人数过多，即便多次选择继续等待直至 电话自动挂断，也未能接通。在线客服同样显示为繁忙状态。 微信编辑| 苏小 今日记者在i茅台App中看到，时间刚到9点，马茅购买页面就显示"人数过多"，刷新后瞬间变为"售 罄"，实现秒空。同时，定价1499元的飞天茅台也在数次秒空后告罄。记者注意到，有消费者在社交平 台抱怨，自己参与了十多天的申购却依然一无所获。 在部分二手平台上，各种代抢茅台服务的报价从20元到50元/单不等。有黄牛宣称"包中"，并晒出大量 代抢成功的订单。一位黄牛告诉记者，马茅是当前热门商品，无法保证百分之百抢到，但普通茅台的命 中率较高。 据黄牛透露，较高的命中率背后有"科技与狠活"：一方面依靠人工凭经验操作，另一方面也 ...

Core Viewpoint - The "iMoutai" platform has experienced a phenomenon where popular products sell out within seconds, creating a lucrative business for resellers who utilize technology to secure purchases [2][3]. Group 1: Sales Dynamics - The "iMoutai" platform has seen its hot-selling products sell out for 19 consecutive days, with the new zodiac Moutai bottle having a price premium exceeding 700 yuan [2]. - The regular price for the Flying Moutai is set at 1499 yuan, which also sells out quickly after multiple attempts [2]. - Consumers have expressed frustration on social media, reporting unsuccessful attempts to purchase over several days [2]. Group 2: Reseller Strategies - Resellers employ a combination of manual experience and software scripts to enhance their purchasing success rates [3]. - Some software claims to allow users to "enter early" into the purchasing process, increasing the likelihood of securing a product [3]. - Videos shared by resellers show multiple phones executing scripts to automatically refresh and purchase items, indicating a shift in technology usage for securing Moutai [3]. Group 3: Market Pricing - The market price for Moutai has remained stable, with retail prices around 1550 yuan per bottle, but certain varieties like the zodiac Moutai still present significant arbitrage opportunities [4]. - The wholesale price for the basic zodiac Moutai is approximately 2600 yuan per bottle, while the premium version reaches 5400 yuan, doubling its initial price of 2499 yuan [4]. - Attempts to contact "iMoutai" customer service have been unsuccessful due to high call volumes, indicating potential issues with customer support during peak demand [4].

责任编辑：安东 1月19日，今日，A股市场共有222只个股收盘价达百元以上。据此，A股百元股数量创下历史新高。从 最新收盘价来看，寒武纪-U超过1400元居首，贵州茅台以1376元位居次席，源杰科技748.29元位居第三 位。此外，摩尔线程-U、中际旭创、国盾量子、中际旭创、沐曦股份-U、北方华创等个股均超过500 元。百元股中科技新贵扎堆，收盘价前十名只有贵州茅台不属于科技板块。 股票频道更多独家策划、专家专栏，免费查阅>> ...