Core Viewpoint - Fujian Yanjing Huichuan Beer Co., Ltd. has been re-certified as a high-tech enterprise, allowing it to continue benefiting from tax incentives for the next three years [1][2] Group 1: High-Tech Enterprise Certification - The company has been included in the second batch of high-tech enterprises recognized by the Fujian Provincial Recognition Agency for 2025 [1] - The new certification is valid for three years, with certificate number GR202535001202 [1] - The re-certification allows the company to enjoy a reduced corporate income tax rate of 15% from 2025 to 2027 [1] Group 2: Financial Impact - The company has already filed and prepaid taxes for the 2025 fiscal year at the 15% corporate income tax rate [2] - The re-certification does not affect the previously disclosed financial data of the company [2]

Core Viewpoint - The company, Fujian Yanjing Huichuan Beer Co., Ltd., has successfully passed the re-certification as a high-tech enterprise, allowing it to continue benefiting from preferential tax policies for the next three years. Group 1: High-Tech Enterprise Certification - Fujian Yanjing Huichuan Beer Co., Ltd. has been included in the second batch of high-tech enterprise recognition list for 2025 by the relevant authority [1] - The company has received a new high-tech enterprise certificate, valid for three years, with certificate number GR202535001202 [1] - The re-certification allows the company to enjoy a corporate income tax rate of 15% from 2025 to 2027, in accordance with national tax regulations for high-tech enterprises [1] Group 2: Financial Impact - The company has already filed and prepaid taxes for the 2025 fiscal year at the 15% corporate income tax rate [2] - The re-certification does not affect the previously disclosed financial data of the company [2]

根据全国高新技术企业认定管理工作领导小组办公室发布的《对福 建省认定机构 2025 年认定报备的第二批高新技术企业进行备案的公告》， 福建省燕京惠泉啤酒股份有限公司（以下简称"公司"）被列入《福建 省认定机构 2025 年认定报备的第二批高新技术企业备案名单》，通过了 高新技术企业的认定，证书编号：GR202535001202，证书有效期三年。 董 事 会 2025 年 12 月 30 日 本次高新技术企业的认定系公司原高新技术企业证书有效期满后进 行的重新认定，根据《中华人民共和国企业所得税法》及国家对高新技 术企业的相关税收规定，公司自通过高新技术企业重新认定起连续三年 （即 2025 年-2027 年）可继续享受国家关于高新技术企业的相关税收优惠 政策，即按 15% 税率缴纳企业所得税。 公司 2025 年度已按照 15% 的企业所得税税率进行纳税申报及预缴， 本次通过高新技术企业重新认定，不影响公司已披露的相关财务数据。 特此公告。 福建省燕京惠泉啤酒股份有限公司 证券代码：600573 证券简称：惠泉啤酒 公告编号：2025-023 福建省燕京惠泉啤酒股份有限公司 关于通过高新技术企业重新认定的公告 ...

Market Overview - The non-white liquor sector experienced a decline of 1.42% on the previous trading day, with Huichuan Beer leading the drop [1] - The Shanghai Composite Index closed at 3965.28, up 0.04%, while the Shenzhen Component Index closed at 13537.1, down 0.49% [1] Stock Performance - Key stocks in the non-white liquor sector showed varied performance, with Baijiu Co. closing at 21.49, up 0.09%, while other notable declines included Chongqing Beer at 52.51, down 0.70%, and Gu Yue Long Shan at 9.20, down 0.43% [1] - The trading volume for Baijiu Co. was 59,400 shares, with a transaction value of 128 million yuan, while Chongqing Beer had a trading volume of 18,700 shares and a transaction value of 98.4 million yuan [1] Capital Flow - The non-white liquor sector saw a net outflow of 81.52 million yuan from institutional investors, while retail investors contributed a net inflow of 9.23 million yuan [2] - Notable capital flows included Yanjing Lang with a net inflow of 18.08 million yuan from institutional investors, while ST Yedao experienced a net outflow of 9.32 million yuan [3]

Group 1 - The core viewpoint of the article highlights the trends in China's beer import and export market, indicating a significant decline in imports and a notable increase in exports for November 2025 [1] Group 2 - In November 2025, China's beer import volume was 0.26 billion liters, representing a year-on-year decrease of 23.6%, while the import value was $0.38 billion, down 13.4% year-on-year [1] - Conversely, beer exports in November 2025 reached 0.66 billion liters, showing a year-on-year increase of 22.5%, with an export value of $0.44 billion, up 14.8% year-on-year [1] Group 3 - The article references a report by Zhiyan Consulting, which provides an analysis of the non-alcoholic beer industry market dynamics and competitive strategies in China from 2026 to 2032 [1] - Zhiyan Consulting is noted as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [1]

Core Viewpoint - The non-white liquor sector experienced a decline of 0.67% on December 26, with Huichuan Beer leading the drop, while the Shanghai Composite Index rose by 0.1% and the Shenzhen Component Index increased by 0.54% [1] Group 1: Market Performance - The closing price of Huichuan Beer was 12.61, reflecting a decrease of 2.85% with a trading volume of 175,800 shares and a transaction value of 222 million yuan [2] - The non-white liquor sector saw a net outflow of 11.57 million yuan from main funds, while retail investors experienced a net outflow of 28.99 million yuan, and speculative funds had a net inflow of 40.57 million yuan [2][3] Group 2: Individual Stock Performance - The top performers in the non-white liquor sector included Jin Feng Jiu Ye, which closed at 5.42 with a slight increase of 0.56%, and *ST Ye Dao, which closed at 6.52 with a 0.15% increase [1] - Conversely, stocks like Chongqing Beer and Gu Zhi Lang Xue saw minor declines of 0.11% and 0.23%, respectively, with closing prices of 52.88 and 68.19 [1] - The stock of *ST Lan Huang closed at 66.8, down by 0.55%, with a trading volume of 20,100 shares [1]

Group 1 - The non-liquor sector increased by 1.02% compared to the previous trading day, with Huichuan Beer leading the gains [1] - The Shanghai Composite Index closed at 3890.45, up 0.36%, while the Shenzhen Component Index closed at 13140.22, up 0.66% [1] Group 2 - In terms of capital flow, the non-liquor sector experienced a net outflow of 10.3 million yuan from main funds, while retail investors contributed a net inflow of 13.9 million yuan [2] - The detailed capital flow for individual stocks in the non-liquor sector is provided in a table [2]

Group 1 - The beer concept index rose by 1.63%, ranking 7th among concept sectors, with 18 stocks increasing in value, including Jia Mei Packaging, Huang Shi Group, and Zhong Yao Holdings reaching the daily limit, while ST Xi Fa, Jin Hui Jiu, and Yan Jing Jiu saw declines [1][4] - The leading gainers in the beer sector included Kai Mei Te Qi, which increased by 7.72%, Tian Hong Co., which rose by 3.68%, and Hui Quan Beer, which went up by 2.18% [1][4] - The sector experienced a net inflow of 1.282 billion yuan, with 12 stocks receiving net inflows, and five stocks exceeding 10 million yuan in net inflow, led by Kai Mei Te Qi with 909 million yuan [2][6] Group 2 - The top three stocks by net inflow ratio were Jia Mei Packaging at 90.12%, Zhong Yao Holdings at 35.75%, and Kai Mei Te Qi at 26.45% [3][6] - The trading volume for Kai Mei Te Qi was 90.9018 million yuan, while Zhong Yao Holdings had a trading volume of 24.63017 million yuan, and Huang Shi Group reached 13.78175 million yuan [3][6] - The beer concept sector's performance was contrasted by declines in stocks such as ST Xi Fa, which fell by 1.14%, Jin Hui Jiu by 0.90%, and Yan Jing Jiu by 0.49% [1][4]

Group 1 - The non-liquor sector experienced a decline of 0.44% compared to the previous trading day, with Huichuan Beer leading the drop [1] - The Shanghai Composite Index closed at 3870.28, up by 1.19%, while the Shenzhen Component Index closed at 13224.51, up by 2.4% [1] Group 2 - In terms of capital flow, the non-liquor sector saw a net outflow of 86.0013 million yuan from main funds, while retail investors contributed a net inflow of 66.0641 million yuan [2] - Speculative funds recorded a net inflow of 19.9372 million yuan into the non-liquor sector [2]

Group 1 - The non-white liquor sector increased by 0.16% on December 16, with Huichuan Beer leading the gains [1] - The Shanghai Composite Index closed at 3824.81, down 1.11%, while the Shenzhen Component Index closed at 12914.67, down 1.51% [1] - Key stocks in the non-white liquor sector showed varied performance, with the highest gain being 3.23% for Yuanzhi Ban [1] Group 2 - The non-white liquor sector experienced a net outflow of 25.06 million yuan from main funds, while retail investors saw a net inflow of 53.38 million yuan [2] - The trading volume and turnover for key stocks in the non-white liquor sector varied, with Yuanzhi Ban achieving a turnover of 421 million yuan [1][2] - The net inflow from retail investors was significant, indicating a potential shift in market sentiment towards the non-white liquor sector [2][3] Group 3 - Specific stocks like Baorun Co. and Huichuan Beer had notable net inflows from retail investors, while others like ST Lanhua and Jin Feng Wine experienced net outflows [3] - The data indicates a mixed sentiment among institutional and retail investors, with some stocks attracting retail interest despite overall sector outflows [3] - The performance of individual stocks varied significantly, highlighting the importance of stock selection within the non-white liquor sector [3]