Group 1 - Southern Finance Onninedia Corp. launched the "21st Century ESG Hot Search List" product to track global ESG investment dynamics and the performance of Chinese listed companies in ESG [2] - The report highlights the importance of continuous evaluation of ESG performance in China [2] Group 2 - Kweichow Moutai announced the appointment of Fu Zheyu, the son of the vice chairman, as the new board secretary following the resignation of Jin Xuequan due to work adjustments [6] - The company aims to enhance its governance structure with this leadership change [6] Group 3 - Chongqing Beer released its 2024 ESG report, indicating a total greenhouse gas emission of 101,171.13 tons of CO2 equivalent, with a reduction plan to initiate a zero-carbon brewery pilot [7] - The report emphasizes the company's commitment to environmental sustainability through innovative technologies [7] Group 4 - Bilibili published its 2024 ESG report, reporting a total greenhouse gas emission of 66,37 tons of CO2 equivalent, focusing on reducing indirect emissions through integrated management and energy-efficient equipment [8] - The company is implementing measures to lower carbon emissions in its operations [8] Group 5 - Tencent's 2024 ESG report revealed total greenhouse gas emissions of 6,056,610.1 tons of CO2 equivalent, with a goal to achieve carbon neutrality in operations and supply chain by 2030 [9] - The report outlines strategies for reducing carbon footprint and enhancing environmental awareness among employees and users [9] Group 6 - A discussion on carbon reduction in data centers highlighted the need for demand decomposition, system design, and carbon awareness to optimize resource allocation [10] - The importance of collaboration between different models and the integration of edge and cloud computing for efficiency was emphasized [10] Group 7 - China Pacific Insurance announced the resignation of Cai Qiang from his non-executive director position due to work changes, effective April 6 [11] - The company is undergoing leadership transitions that may impact its strategic direction [11] Group 8 - ST Ningke received an administrative penalty for false reporting in its 2022 annual report, which inflated revenue and profit figures [12] - The company failed to disclose significant events in a timely manner, leading to regulatory scrutiny [12] Group 9 - KJY Technology was placed under investigation by the China Securities Regulatory Commission for suspected information disclosure violations [13] - The company is actively cooperating with the investigation and has initiated corrective measures [13] Group 10 - Hongbo Co. received a warning from the Fujian Securities Regulatory Bureau for inadequate risk disclosures in its announcements [14] - The company is required to submit a written rectification report and improve its compliance with disclosure regulations [14] Group 11 - A roundtable meeting on creating family-friendly workplaces in China, Japan, and South Korea emphasized the importance of gender equality and inclusive corporate culture for sustainable business success [15] - The meeting produced guidelines for companies to support working parents and promote male allyship in the workplace [15]

会稽山绍兴酒股份有限公司（以下简称公司）董事会近日收到公司副总经理、董事会秘书金雪泉先生递 交的辞去公司第六届董事会秘书职务的报告，金雪泉先生因工作调整原因向董事会申请不再担任公司董 事会秘书职务。根据《公司法》《公司章程》等相关规定，金雪泉先生辞去公司董事会秘书职务的申请 自送达公司董事会之日起生效。公司董事会对金雪泉先生在担任董事会秘书期间所做的工作表示感谢。 证券代码：601579 证券简称：会稽山 编号：2025-015 会稽山绍兴酒股份有限公司 关于公司董事会秘书辞去职务暨聘任董事会秘书的公告 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个别及连带责任。 一、关于公司董事会秘书辞去职务情况 会稽山绍兴酒股份有限公司董事会 二○二五年四月十一日 傅哲宇，男，1990年12月出生，汉族，籍贯绍兴，毕业于伦敦国王学院，学士学位。历任普华永道中天 会计师事务所（特殊普通合伙）审计部审计员、新时代证券股份有限公司投行部经理、华金证券股份有 限公司投行部高级经理、中原证券股份有限公司投行部高级经理、上海宝鼎投资管理有限公司基金部高 级经 ...

Core Viewpoint - The leading yellow wine brands are raising prices to escape low profit margins, with Kuaijishan and Guyuelongshan announcing price increases of 1%-9% and 2%-12% respectively, aiming to restore the perceived value of yellow wine [1][2] Price Increase Reasons - The price hikes are seen as a way to enhance revenue and profit margins while addressing the undervaluation of yellow wine in relation to its historical and cultural significance [2] - The last joint price increase by Kuaijishan and Guyuelongshan occurred in 2016, indicating a long gap between such actions [2] - Rising operational costs, including materials and labor, have pressured yellow wine companies, making price adjustments necessary to alleviate financial strain [2] Market Dynamics - The yellow wine industry is compared to the past white wine industry, suggesting that leading companies can improve market share and profitability through product structure upgrades amid declining sales and market competition [3] - The industry faces challenges from intense competition, requiring both leading and smaller brands to navigate a complex market landscape [4] Future Projections - According to the "14th Five-Year Plan" for the Chinese liquor industry, yellow wine production is expected to reach 2.4 million kiloliters by 2025, with sales revenue projected at 25 billion yuan and profits at 5 billion yuan, indicating significant growth potential [4] - The industry must address issues such as low social engagement and perceived value, focusing on brand culture and consumer experience rather than solely relying on price increases [4] Consumer Engagement Strategies - Some yellow wine brands are innovating to meet social consumption needs, such as launching products like yellow wine ice pops and collaborations with other beverage brands [5] - The ultimate goal for yellow wine brands is to connect more deeply with consumers, moving beyond traditional demographics and market perceptions [5]

会稽山绍兴酒股份有限公司董事会 二○二五年四月十一日 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、关于公司董事会秘书辞去职务情况 会稽山绍兴酒股份有限公司（以下简称公司）董事会近日收到公司副总经理、 董事会秘书金雪泉先生递交的辞去公司第六届董事会秘书职务的报告，金雪泉先 生因工作调整原因向董事会申请不再担任公司董事会秘书职务。根据《公司法》 《公司章程》等相关规定，金雪泉先生辞去公司董事会秘书职务的申请自送达公 司董事会之日起生效。公司董事会对金雪泉先生在担任董事会秘书期间所做的工 作表示感谢。 二、关于聘任公司第六届董事会秘书情况 公司于 2025 年 4 月 10 日召开第六届董事会第十五次会议，会议审议通过了 《关于聘任公司第六届董事会秘书的议案》。经公司董事长提名，并经公司第六 届董事会提名委员会 2025 年第一次会议审核通过，董事会同意聘任傅哲宇先生 为公司第六届董事会秘书（简历详见附件），任期自本次董事会审议通过之日起 至第六届董事会任期届满换届之日为止。 傅哲宇先生已取得上海证券交易所董事会秘书任 ...

Core Viewpoint - The recent price increases by Huangjiu companies Kuaijishan and Guyuelongshan have drawn significant attention, with Kuaijishan's management stating that moderate price adjustments will help restore product value and enhance profitability [1] Group 1: Industry Challenges - The Huangjiu industry is facing development challenges, including a trend towards lower-end products and difficulty in expanding beyond the Jiangsu, Zhejiang, and Shanghai markets [1] - Companies are focusing on high-end and youth-oriented strategies to break through these challenges, but achieving high-end market aspirations remains distant [1] Group 2: Company Performance - Kuaijishan reported a revenue of 1.631 billion yuan in 2024, a year-on-year increase of 15.6%, and a net profit of 196 million yuan, up 17.74% [2] - In contrast, competitors Guyuelongshan and Jinfeng Liquor experienced significant declines in net profit, down 48.17% and 94.49% respectively [2] Group 3: Strategic Initiatives - Kuaijishan is implementing a dual-brand strategy with Kuaijishan and Lanting, focusing on high-end products, particularly the Lanting series [2] - The company has increased marketing expenditures significantly, with sales expenses rising by 46.54% in 2023 and 60.25% in 2024, particularly in advertising and promotional costs [4] Group 4: Pricing Strategies - Kuaijishan announced price increases for several product lines, with adjustments ranging from 4% to 9%, effective April 1 [5] - Guyuelongshan also implemented price increases of 2% to 12% for select products, aiming to enhance brand strength and competitiveness [6] Group 5: Youth Market Focus - Kuaijishan is targeting the youth market through collaborations with social media influencers and product redesigns, while Guyuelongshan is developing new products like coffee Huangjiu [6] - Despite these efforts, the success of youth-oriented strategies in revitalizing the Huangjiu market remains uncertain, with Kuaijishan's revenue from ordinary Huangjiu products declining by 7.94% in 2024 [6][7]

本报讯 （记者冯思婕）4月1日，会稽山绍兴酒股份有限公司（以下简称"会稽山"）发布了2024年年 报。报告期内，公司实现营业收入16.31亿元，同比增长15.6%；净利润1.96亿元，同比增长17.74%。同 时，公司还发布了2024年年度权益分派预案，拟每10股派4元（含税），合计派发现金红利1.88亿元， 占当期归母净利润的95.92%。 会稽山在年报中提到，公司业绩上涨主要系销售收入增加、毛利率上升等影响所致。报告期内，公司持 续运行会稽山、兰亭双品牌双事业部战略，采取了线上线下、新兴渠道与传统渠道的联动营销，包括调 整产品结构和优化产品包装等，提升产品和渠道适配性，加强了价格管控。接下来，将进一步提升线上 销售能力，扩大电商业务团队，加大治理线上市场环境，持续寻求高端化、年轻化两端突破。 从营收构成来看，会稽山高端化战略成效显著。2024年，公司中高档酒产品贡献营收10.65亿元，同比 增长了31.29%，毛利率也较上年同期增长了6.8%。 会稽山认为，黄酒行业在传承与创新中发展。尽管黄酒行业面临着消费习惯变化、市场竞争加剧等挑 战，但通过政策支持、技术创新和市场拓展，尤其是在健康消费和文化消费的推动 ...

2025 年 04 月 06 日 营收稳步增长，产品结构持续优化 —会稽山（601579.SH）公司事件点评报告 买入(维持) 事件 2025 年 4 月 1 日，会稽山发布 2024 年年度报告,2024 年公司 营收 16.31 亿元（同增 16%），归母净利润 1.96 亿元（同增 18%），扣非归母净利润 1.78 亿元（同增 15%），其中 2024Q4 营收 5.70 亿元（同增 20%），归母净利润 0.84 亿元 （同增 32%），扣非归母净利润 0.78 亿元（同增 35%）。 投资要点 ▌毛利率大幅提升，盈利能力持续提升 2024 年毛利率同增 5pct 至 52.08%，主要系中高档黄酒营收 增速加快，产品结构优化所致，销售/管理费用率分别同比 +6pct/-2pct 至 20.33%/8.48%，主要系公司持续加大终端营 销投入，推进品牌形象 焕 新 ， 净利率同增 0.2pct 至 12.10%，盈利能力同比提升。 ▌发布产品提价公告，产品结构持续优化 2024 年中高档黄酒营收 10.65 亿元（同增 31%），其中销量 5.33 万吨（同增 7%），吨价 2.00 万元/吨（同增 ...

记者 | 沈溦 连续迅猛的营销攻势下，黄酒"二哥"会稽山（601579.SH）似乎又有了逼近"一哥"古越龙山的趋势。 会稽山2024年度拟向全体股东每10股派发现金4元（含税），合计派现1.88亿元，占净利润比例 95.92%。 值得注意的是，此前会稽山刚刚宣布，对旗下部分重点产品的销售价格上调，受连番利好影响，4月2 日，公司股价涨停，收盘价报12.18元，连续两个交易日股价涨超16%。 4月1日，会稽山发布2024年年报，实现营业收入16.31亿元，同比增长15.60%；净利润1.96亿元，同比 增长17.74%，连续两年业绩增速超过15%，也快速拉近了与古越龙山的距离。 此外，公司2024年扣非后净利润近1.78亿元，创下了自2014年上市以来新高。 营销换业绩 年报显示，2024年，会稽山主营业务也就是酒类产品实现营收15.83亿元，同比增长15.22%。其中，黄 酒收入占主营业务收入的92.15%，酒类产品毛利率52.75%，同比增长6.80%。 中高档酒对业绩贡献极为亮眼，当年该部分营收实现10.65亿元，同比大涨31.29%，毛利率61.57%，同 比增长6.80%。与之对比的是古越龙山2024 ...

Group 1 - The company reported a revenue of 1.631 billion yuan for 2024, an increase of 15.60% year-on-year [1] - The net profit attributable to the parent company was 196 million yuan, up 17.74% year-on-year, with a 14.83% increase in net profit after excluding non-recurring gains and losses [1] - The main source of revenue comes from the sale of yellow wine, accounting for 92.15% of total revenue, with domestic sales making up 99.33% and international sales only 0.67% [1] Group 2 - The increase in performance is attributed to rising sales revenue and improved gross margins [2] - The company operates under a dual-brand strategy with continuous online and offline marketing efforts, including adjustments in product structure and packaging [2] - Future plans include enhancing online sales capabilities, expanding the e-commerce team, and seeking breakthroughs in high-end and youth-oriented markets [2] Group 3 - Revenue from mid-to-high-end yellow wine reached 1.06 billion yuan, with a gross margin of 61.57%, reflecting a year-on-year growth of 31.29% [1] - Revenue from ordinary yellow wine and other alcoholic beverages was 518 million yuan, with a gross margin of 34.62%, showing a year-on-year decline of 7.94% [1] - The company acknowledges market risks due to the concentration of yellow wine consumption in mid-range and ordinary products, leading to low-price competition [2]

融资融券数据显示，该股最新（4月1日）两融余额为1.33亿元，其中，融资余额为1.33亿元，融券余额 为0.33万元。近5日融资余额合计减少198.49万元，降幅为1.47%。融券余额合计增加174.00元，增幅 5.53%。 具体来看，今日上榜的营业部中，共有1家机构专用席位现身，即买二，合计净买入1508.11万元，沪股 通为第一大买入营业部及第一大卖出营业部，买入金额为3652.43万元，卖出金额为3352.53万元，合计 净买入299.90万元。 资金流向方面，今日该股主力资金净流入5261.54万元，其中，特大单净流入5089.02万元，大单资金净 流入172.52万元。近5日主力资金净流入5709.54万元。 会稽山(601579)今日涨停，全天换手率8.96%，成交额5.17亿元，振幅4.64%。龙虎榜数据显示，机构净 买入1508.11万元，沪股通净买入299.90万元，营业部席位合计净买入739.58万元。 上交所公开信息显示，当日该股因日涨幅偏离值达9.98%上榜，机构专用席位净买入1508.11万元，沪股 通净买入299.90万元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成 ...