证券代码：601579 证券简称：会稽山 公告编号：2026-003 一、董事离任情况 (一) 提前离任的基本情况 | 姓名 | 离任职 务 | 离任时间 | 原定任期 到期日 | 离任原因 | 是否继续在 上市公司及 其控股子公 司任职 | 具体职务 （如适用） | 是否存 在未履 行完毕 的公开 承诺 | | --- | --- | --- | --- | --- | --- | --- | --- | | 刘勇 | 独立董 | 2026 年 1 | 2026 年 2 | 个人原因 | 否 | 不适用 | 否 | | | 事、董事 | 月 12 日 | 月 22 日 | | | | | | | 会专门 | | | | | | | | | 委员会 | | | | | | | | | 相关职 | | | | | | | | | 务 | | | | | | | (二) 离任对公司的影响 公司董事会于 2026 年 1 月 12 日收到公司独立董事刘勇先生递交的书面辞呈， 刘勇先生因个人原因，申请辞去公司第六届董事会独立董事、审计委员会召集人、 薪酬与考核委员会成员。刘勇先生辞去上述职务后，将不在公司担任任何职务 ...

Investment Rating - The report maintains a "Recommendation" rating for the food and beverage industry, indicating an expected increase in the industry index exceeding the benchmark index by more than 5% in the next 3-6 months [26]. Core Insights - The report emphasizes that the remaining brands in the sauce liquor sector will thrive, while mass-market products are expected to benefit from the upcoming Spring Festival [2][8]. - The dairy sector is showing signs of improvement, with a potential rebound in raw milk prices and a narrowing supply-demand gap, which could lead to increased demand for processed dairy products [6]. - The beverage and snack categories are experiencing sustained growth, with specific segments like energy drinks and konjac snacks showing remarkable sales increases despite overall declines in the snack market [6]. - The report highlights a significant shift in the sauce liquor industry, where pricing strategies are becoming more pragmatic, with a new growth level emerging around the 200 yuan price point as lower-tier brands face market exit pressures [6][8]. - The report suggests that leading liquor companies should maintain operational stability during this industry downturn, focusing on balanced investments in base liquor to prepare for future market recovery [8]. Summary by Sections Industry Overview - The food and beverage sector consists of 126 listed companies with a total market capitalization of 44,935.30 billion yuan, representing 3.54% of the market [3]. - The circulating market value stands at 43,859.19 billion yuan, accounting for 4.28% of the total market [3]. Performance Metrics - The absolute performance of the industry over the past month is 1.3%, with a relative performance decline of 2.2% compared to the benchmark [4]. - Over the past 12 months, the industry has seen a relative performance decline of 25.2% [4]. Sector-Specific Insights - Dairy products are expected to benefit from a favorable pricing environment and improved supply dynamics, with major companies actively preparing for the Spring Festival [6]. - The beverage sector is witnessing growth in specific categories, with leading brands launching targeted marketing campaigns for the holiday season [6]. - The sauce liquor market is undergoing a consolidation phase, with a focus on brand strength and market share recovery among leading companies [6][8].

Market Overview - The non-liquor sector increased by 0.7% compared to the previous trading day, with CITIC Niyah leading the gains [1] - The Shanghai Composite Index closed at 4165.29, up by 1.09%, while the Shenzhen Component Index closed at 14366.91, up by 1.75% [1] Stock Performance - CITIC Niyah (600084) closed at 5.50, with a rise of 3.58% and a trading volume of 88,100 shares, amounting to a transaction value of 47.58 million yuan [1] - Other notable performers include: - Huichuan Beer (600573) at 12.14, up 1.76% with a transaction value of 138 million yuan [1] - Bailun Co. (002568) at 22.40, up 1.63% with a transaction value of 212 million yuan [1] - Guo Yue Longshan (600059) at 9.40, up 1.08% with a transaction value of 114 million yuan [1] Capital Flow - The non-liquor sector experienced a net outflow of 5.53 million yuan from institutional investors, while retail investors saw a net inflow of 48.56 million yuan [2] - The capital flow for specific stocks shows: - Guo Yue Longshan had a net inflow of 589.39 thousand yuan from retail investors [3] - Chongqing Beer (600132) had a net outflow of 581.71 thousand yuan from institutional investors [3] - ST Xifa (000752) saw a significant net outflow of 319.82 thousand yuan from institutional investors [3]

Group 1 - The core viewpoint of the news is that Kuaijishan has shown fluctuations in its stock performance and financing activities, indicating a mixed sentiment among investors [1][2] - As of January 9, Kuaijishan's stock price increased by 0.92%, with a trading volume of 229 million yuan, while the net financing buy was negative at -11.78 million yuan [1] - The total financing and margin trading balance for Kuaijishan reached 587 million yuan, which is 5.87% of its market capitalization, indicating a low financing balance compared to the past year [1] Group 2 - As of September 30, Kuaijishan reported a total revenue of 1.212 billion yuan for the first nine months of 2025, reflecting a year-on-year growth of 14.12%, while the net profit attributable to shareholders was 116 million yuan, up 3.23% [2] - The number of shareholders increased by 14.94% to 29,900, while the average circulating shares per person decreased by 13.00% to 16,025 shares [2] - Kuaijishan has distributed a total of 793 million yuan in dividends since its A-share listing, with 431 million yuan distributed over the past three years [2]

Group 1 - The core viewpoint of the article highlights that despite the cooling of the bubble in the yellow wine market, the company Kuaijishan, led by Fu Zukang, aims to achieve a revenue target of 200 million yuan [1] Group 2 - The yellow wine industry has experienced fluctuations, with recent trends indicating a decline in market enthusiasm, prompting companies to adjust their strategies [1] - Kuaijishan's leadership is focused on innovation and expanding market presence to counteract the current market challenges [1] - The company is implementing new marketing strategies and product development initiatives to attract consumers and boost sales [1]

Group 1 - The core point of the article highlights that despite a downturn in the industry, some liquor companies are setting ambitious sales targets for the new year [1] - Kuaijishan's innovative product "Yiri Yixun" sparkling yellow wine achieved sales of over 100 million yuan last year and aims for 200 million yuan this year [2] - The product, launched in mid-2023, is part of the company's strategy to attract younger consumers, with a low alcohol content of 8 degrees and a retail price of 11 yuan per bottle [2] Group 2 - Initial sales were modest until a collaboration with influencers during the 2024 "618" shopping festival led to sales of 10 million yuan in just three days, significantly raising market awareness [2] - Despite rapid sales growth, the actual contribution to Kuaijishan's overall performance remains limited, with the sparkling wine segment generating 150 million yuan, accounting for about 12% of total revenue in the first three quarters of 2025 [7] - The competitive landscape is intensifying, with other major players in the yellow wine sector, such as Guyue Longshan and Jinfeng Wine, also launching similar products, which may pressure Kuaijishan's market position [7][9] Group 3 - The yellow wine industry is experiencing transformation anxiety, characterized by a small market size and low acceptance, with development historically concentrated in the Jiangsu, Zhejiang, and Shanghai regions [9] - The three major players in the yellow wine market have not exceeded 2 billion yuan in revenue, with Kuaijishan recently surpassing Guyue Longshan to become the industry leader with 1.212 billion yuan in revenue [9] - The competitive adjustments in the market raise uncertainties about Kuaijishan's ability to maintain its competitive advantage [9]

登录新浪财经APP 搜索【信披】查看更多考评等级 重要内容提示： ●会稽山绍兴酒股份有限公司（以下简称公司或会稽山）控股股东中建信（浙江）创业投资有限公司(以 下简称中建信浙江公司)持有公司股份149,158,200股，占公司总股本的31.11%。本次质押公司股份 5,800,000股后，公司控股股东中建信浙江公司累计质押本公司股份110,861,640股，占其持有公司股份总 数的74.32%，占公司总股本的23.12%。 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个别及连带责任。 一、本次股份质押的情况 （一）本次股份质押基本情况 2026年1月6日，公司控股股东中建信浙江公司在中国证券登记结算有限责任公司上海分公司办理了将其 所持有的公司部分股份质押给中国工商银行股份有限公司绍兴柯桥支行的质押登记手续。 ■ 上述股份质押主要用途是企业生产经营所需，不存在被用作重大资产重组业绩补偿等事项的担保或其他 保障用途。 （二）股东累计质押股份情况 截至本公告披露日，控股股东累计质押股份情况如下： （二）公司控股股东资信状况良好，具备相应的 ...

（文章来源：证券日报） 证券日报网讯 1月7日，会稽山发布公告称，控股股东中建信（浙江）创业投资有限公司本次质押公司 股份5800000股。 ...

每经AI快讯，会稽山1月7日晚间发布公告称，会稽山绍兴酒股份有限公司（以下简称公司或会稽山） 控股股东中建信（浙江）创业投资有限公司(以下简称中建信浙江公司)持有公司股份149,158,200股，占 公司总股本的31.11%。本次质押公司股份5,800,000股后，公司控股股东中建信浙江公司累计质押本公 司股份110,861,640股，占其持有公司股份总数的74.32%，占公司总股本的23.12%。 每经头条（nbdtoutiao）——十年首现，沪指连续站稳关键位置！高盛：建议高配中国股票！券商分析 师：人民币升值等因素加速跨境资本回流 （记者 曾健辉） ...

Core Insights - Kuaijishan has ambitious plans for its sparkling yellow wine product, aiming to expand its market presence beyond the Jiangsu, Zhejiang, and Shanghai regions into key markets like Shandong, Guangdong, and Sichuan by 2025 [1][3] - The company has set a sales target of 200 million yuan for its sparkling yellow wine in 2026, with plans to penetrate more second- and third-tier cities [3] - The stock price of Kuaijishan rose to 20.58 yuan per share, with a market capitalization of 9.867 billion yuan, following significant sales achievements in 2025 [3] Sales Performance - Kuaijishan's sparkling yellow wine achieved over 10 million yuan in sales within 12 hours during a Douyin live stream, leading to a stock price surge and increased market capitalization [3] - The gross merchandise volume (GMV) for sparkling yellow wine on Douyin exceeded 20 million yuan by May 30, and during the "618" shopping festival, the total GMV surpassed 50 million yuan, marking a 400% year-on-year increase [3] - Despite initial success, the popularity of sparkling yellow wine has declined, with live stream viewership dropping significantly from thousands to just a few dozen [3] Revenue Breakdown - In the first half of the year, Kuaijishan's main revenue source was mid-to-high-end yellow wine, generating 521 million yuan, a 7.16% increase year-on-year, accounting for 63.7% of total revenue [3] - Ordinary yellow wine contributed 195 million yuan, a 2.53% increase, making up 23.9% of total revenue [3] - The revenue from sparkling yellow wine, categorized under "other wines," was only 70 million yuan, representing a mere 8.6% of total revenue [3] Market Strategy - Kuaijishan is focusing on collaborations with celebrities to promote its "refreshing wine" series, targeting the younger demographic [4] - The company faces competition from other yellow wine giants like Guyue Longshan, which has also launched its own sparkling yellow wine and diversified into products like glutinous rice whiskey and coffee yellow wine [4] - The long-standing challenge for yellow wine has been its limited market presence outside the Jiangsu, Zhejiang, and Shanghai regions, with new products aimed at younger consumers seen as a potential solution for national expansion [4]