证券时报e公司讯，据"微播射洪"消息，10月25日，"以酒为媒·互促发展"舍得酒业产销对接活动在射洪 舍得艺术中心举行。 活动中，为进一步实施产销对接，突出重点领域，强化市场合作，舍得酒业与四川省射洪川中建材有限 公司等6家企业签订战略合作框架协议，与四川光华科技集团有限公司、四川奥尔铂电梯有限公司等55 家企业签订1000余万元的采购协议。 ...

Core Viewpoint - The signing of a biogas cooperation project between Shede Liquor and China Petroleum Southwest Oil and Gas Field Company marks the official launch of China Petroleum's first biogas business [1] Group 1: Project Details - The project utilizes Shede Liquor's brewing wastewater as raw material for biogas production through the "ICX anaerobic + two-stage AO" process [1] - The biogas produced is further purified using wet desulfurization and PSA (pressure swing adsorption) technology, meeting the GBT41328-2022 Class I gas standard for biogas [1] - The project is expected to produce over 3 million cubic meters of biogas annually [1]

四川沱牌舍得集团有限公司 关于股票交易异常波动核实情况的回函 舍得酒业股份有限公司: 我司已收悉贵司发来的《舍得酒业股份有限公司关于股票交 易异常波动进行核实的函》,经向我司管理层核实,现回复如下: 截至目前,我司不存在影响贵司股票交易异常波动的重大事 项,也不存在涉及贵司应披露而未披露的重大信息,包括但不限 于重大资产重组、股份发行、重大交易类事项、业务重组、股份 回购、股权激励、破产重整、重大业务合作、引进战略投资者等 重大事项。我司在舍得酒业本次股票交易异常波动期间不存在买 卖舍得酒业股票的情形。 四川沙 上海豫园旅游商城（集团）股份有限公司 关于股票交易异常波动核实情况的回函 舍得酒业股份有限公司: 截至目前,我司不存在影响贵司股票交易异常波动的重大事 项,也不存在涉及贵司应披露而未披露的重大信息,包括但不限 于重大资产重组、股份发行、重大交易类事项、业务重组、股份 回购、股权激励、破产重整、重大业务合作、引进战略投资者等 重大事项。我司在舍得酒业本次股票交易异常波动期间不存在买 卖舍得酒业股票的情形。 上海豫园旅游商 T限公司 月九日 关于股票交易异常波动核实情况的回函 舍得酒业股份有限公司: 本人 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 舍得酒业股份有限公司（以下简称"公司"）股票于 2024 年 9 月 30 日、10 月 8 日、 10 月 9 日连续三个交易日内日收盘价格涨幅偏离值累计超过 20%，根据《上海证券交易所 交易规则》的有关规定，属于股票交易异常波动。 经公司自查，并向直接控股股东四川沱牌舍得集团有限公司、间接控股股东上海豫 园旅游商城（集团）股份有限公司和实际控制人郭广昌先生书面核实，截至本公告披露日， 公司不存在应披露而未披露的重大信息。 证券代码：600702 证券简称：舍得酒业 公告编号：2024-036 舍得酒业股份有限公司 股票交易异常波动公告 敬请广大投资者理性投资，注意二级市场交易风险。 一、股票交易异常波动的具体情况 公司股票于2024年9月30日、10月8日、10月9日连续三个交易日内日收盘价格涨幅偏离 值累计超过20%，根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动。 二、公司关注并核实的相关情况 （一）生产经营情况 经公司自查，公司生产经营 ...

Investment Rating - The investment rating for the company is "Buy" with a 6-month outlook maintained [5] Core Views - The company has focused on multi-dimensional marketing during the Mid-Autumn Festival and National Day, achieving excellent sales performance and gradually improving inventory management [1] - The company is strategically controlling volume and maintaining prices for its premium products, which is expected to support long-term brand value [2] - The company is capitalizing on the mass market by increasing sales of its mid-range products, with significant growth observed in specific regions [3] Financial Forecast - Projected revenues for 2024, 2025, and 2026 are estimated at 65 billion, 69 billion, and 76 billion yuan respectively, with year-on-year growth rates of -7.5%, +5.9%, and +9.5% [3][4] - The net profit attributable to the parent company is forecasted to be 13 billion, 14 billion, and 16 billion yuan for the same years, reflecting year-on-year changes of -27.9%, +7.8%, and +14.4% [3][4] - The company’s earnings per share (EPS) are expected to be 3.83, 4.13, and 4.73 yuan for 2024, 2025, and 2026 respectively [4][10] Financial Data and Valuation - The company reported a revenue of 7,080.96 million yuan in 2023, with a growth rate of 16.93% [4] - The net profit for 2023 was 1,771.30 million yuan, showing a growth of 5.09% [4] - The company’s price-to-earnings (P/E) ratio is projected to be 17X, 16X, and 14X for the years 2024, 2025, and 2026 respectively [3][4]

证券代码：600702 证券简称：舍得酒业 公告编号：2024-035 特此公告。 舍得酒业股份有限公司 关于公司高级管理人员辞职的公告 舍得酒业股份有限公司董事会 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 2024 年 10 月 9 日 舍得酒业股份有限公司（以下简称"公司"）董事会于近日收到公司副总裁 王维龙先生的书面辞职报告，王维龙先生因个人原因申请辞去公司副总裁职务, 辞职后不再担任公司任何职务。 根据《公司法》《公司章程》及有关法律法规的规定，王维龙先生的辞职自 辞职报告送达董事会之日起生效。王维龙先生的辞职不会影响公司日常经营管理 的正常进行。 王维龙先生在任职期间恪尽职守、勤勉尽责，公司董事会对王维龙先生在任 职期间为公司发展做出的贡献表示衷心的感谢！ ...

证券代码：600702 证券简称：舍得酒业 公告编号：2024-034 舍得酒业股份有限公司 关于召开 2024 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2024 年 9 月 12 日（星期四）下午 15:00-16:30 会议召开地点：上海证券交易所上证路演中心（https://roadshow.ssein fo.com/） 会议召开方式：上证路演中心视频播放结合网络文字互动 投资者可于 2024 年 9 月 5 日（星期四）至 9 月 11 日（星期三）下午 16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司证券事务部邮箱 （tpzqb@tuopai.biz）进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 舍得酒业股份有限公司（以下简称"公司"）已于 2024 年 8 月 22 日发布《舍 得酒业 2024 年半年度报告》，为便于广大投资者更全面深入地了解公司 2024 年半 年度经营成果、财务状况，公司计划于 2024 年 ...

Investment Rating - The investment rating for the company is "Accumulate" [2] Core Views - The report highlights that the company is actively controlling inventory and stabilizing prices to prepare for long-term development [3] - The company reported a decline in revenue and net profit for the first half of 2024, with revenue at 3.271 billion yuan, down 7.28% year-on-year, and net profit at 591 million yuan, down 35.73% year-on-year [3] - The report indicates that the company is focusing on long-term growth by balancing its product portfolio and enhancing brand presence in traditional markets [3] Summary by Sections Financial Performance - In Q2 2024, the company's revenue was 1.165 billion yuan, a decrease of 22.61% year-on-year, with net profit dropping to 41 million yuan, down 88.40% year-on-year [3] - The gross margin for Q2 2024 was 60.93%, a decline of 10.96 percentage points year-on-year, attributed to inventory control measures [3] - The company has increased its number of distributors to 2,809 by the end of Q2 2024, up by 154 from the end of 2023 [3] Future Projections - The report projects the company's net profit for 2024, 2025, and 2026 to be 1.21 billion yuan, 1.33 billion yuan, and 1.45 billion yuan respectively, with year-on-year changes of -32%, +10%, and +10% [3] - The current stock price corresponds to a price-to-earnings (PE) ratio of 12, 11, and 10 for the years 2024, 2025, and 2026 respectively [3] Market Strategy - The company is implementing a strategy to control inventory and stabilize prices in response to a challenging market environment for mid-to-high-end liquor [3] - The focus is on enhancing the sales of its flagship product, "Pinnacle Shide," while also maintaining a balanced product lineup across different price segments [3]

Investment Rating - The investment rating for the company is "Accumulate" [3][5]. Core Views - The company reported a revenue of 3.271 billion yuan and a net profit attributable to shareholders of 591 million yuan for the first half of 2024, reflecting a year-on-year decline of 7.28% and 35.73% respectively. In Q2 2024, the revenue was 1.165 billion yuan, with a net profit of 41 million yuan, showing a significant decline of 88.70% year-on-year [3][4]. - The company is currently in an adjustment phase within the liquor industry, focusing on "stabilizing prices, controlling inventory, and enhancing sales" as core principles. It aims to strengthen its market presence in key regions while exploring growth opportunities in its product lines [5][6]. Financial Summary - For 2024, the company expects revenues of 6.733 billion yuan, with a year-on-year decline of 4.9%. The net profit attributable to shareholders is projected to be 1.416 billion yuan, down 20.1% year-on-year. The gross margin is expected to be 72.5% [7][8]. - The company anticipates a gradual recovery in sales rhythm, with projected revenues for 2025 and 2026 at 7.502 billion yuan and 8.281 billion yuan respectively, alongside net profits of 1.564 billion yuan and 1.705 billion yuan [5][7].

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 61.20 CNY based on a reasonable valuation level of 17 times the 2024 earnings per share [3][9]. Core Views - The company reported a revenue of 3.27 billion CNY for the first half of 2024, a year-on-year decrease of 7.3%, and a net profit attributable to the parent company of 590 million CNY, down 35.7% year-on-year. In Q2 alone, revenue was 1.17 billion CNY, a decline of 22.6%, with net profit dropping 88.4% to 40 million CNY [2]. - The company is expected to control volume and stabilize prices, leading to a gradual reduction in inventory. However, cash collection has slowed significantly in Q2 2024. The mid-to-high-end liquor segment saw a revenue of 2.60 billion CNY in H1 2024, down 5.7% year-on-year, with Q2 revenue declining by 19.4% [2]. - The company's gross margin for H1 2024 was 69.4%, a decrease of 6.2 percentage points year-on-year, primarily due to a decline in the proportion of premium products. The sales and management expense ratios increased to 20.1% and 9.4%, respectively [2]. - The company is actively pursuing an old liquor strategy, aiming to enhance brand, channel, product, and organizational strength, which is expected to gradually increase the proportion of high-end products and improve brand positioning [2]. Financial Summary - The company’s revenue for 2024 is projected to be 6.57 billion CNY, with a year-on-year growth of -7.3%. The net profit attributable to the parent company is expected to be 1.20 billion CNY, reflecting a decrease of 32.2% year-on-year. Earnings per share for 2024 is forecasted at 3.60 CNY [7][9]. - The gross margin is expected to decline to 69.2% in 2024, with net profit margin projected at 18.3% [7]. - The company’s total assets are estimated to reach 12.71 billion CNY by 2024, with total liabilities of 4.25 billion CNY [13].