证券之星消息，1月27日白酒板块较上一交易日下跌0.56%，*ST岩石领跌。当日上证指数报收于4139.9，上涨0.18%。深证成指报收于14329.91， 上涨0.09%。白酒板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600519 | 贵州茅台 | 1343.01 | 0.08% | 4.84万 | | 65.15亿 | | 000568 | 泸州老窖 | 112.36 | -0.06% | 12.12万 | | 13.55亿 | | 600779 | 水井坊 | 37.61 | -0.74% | 4.10万 | | 1.53亿 | | 603198 | 迎驾贡酒 | 38.51 | -1.16% | 2.93万 | | 1.13亿 | | 600197 | 伊力特 | 13.40 | -1.25% | 3.75万 | | 5034.99万 | | 000858 | 五粮液 | 101.02 | -1.29% | 22.53万 | | 22.84亿 ...

1月27日，今世缘跌2.72%，截至发稿，报32.20元/股，成交3.58亿元，换手率0.89%，总市值401.47亿 元。今世缘股价已经连续5天下跌，区间累计跌幅7.36%。 彭悦累计任职时间168天，现任基金资产总规模40.49亿元，任职期间最佳基金回报0.38%， 任职期间最 差基金回报-6.4%。 资料显示，江苏今世缘酒业股份有限公司位于江苏省淮安市涟水县高沟镇今世缘大道1号，成立日期 1997年12月23日，上市日期2014年7月3日，公司主营业务涉及白酒生产和销售。主营业务收入构成为： 特A+类62.05%，特A类32.78%，A类3.44%，B类1.22%，C类、D类0.48%，其他0.04%。 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，任何在本文出现的信息（包括但 不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验，因此本文内 容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 ...

Investment Rating - The report maintains an "Accumulate" rating for the food and beverage industry [5] Core Insights - The upcoming Spring Festival is expected to boost sales in the liquor sector, with Moutai leading the industry towards an unexpected improvement. Short-term focus should be on the demand for the Spring Festival, while medium-term investments should target leading brands across various price segments [1] - In the beer segment, new product launches are being prepared, with a focus on high-growth channels and consumer trends towards personalized and diversified consumption [2] - The baking sector is showing stable performance, with companies like Lihigh Foods preparing for the sales peak and benefiting from favorable policies regarding cream products [3] Summary by Relevant Sections Liquor Sector - The Spring Festival is driving demand, with Moutai expected to lead the market. Key short-term stocks include Guizhou Moutai, Guo Jiu Gong Jiu, and others, while medium-term focus should be on Wuliangye and Shanxi Fenjiu [1] Beer Sector - Current beer sales are in a low season, but new product launches and high growth in instant retail channels are promising. Companies like Chongqing Beer are launching new 1L cans to meet consumer preferences [2] Food Sector - Lihigh Foods is preparing for the sales peak with a focus on quality over quantity, while Anqi Yeast is benefiting from declining sugarcane prices, enhancing profit margins [3] - Yizhi Konjac is experiencing rapid demand growth, with a stable supply chain and product innovation driving its market position [4]

| 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量(*) 买入营业部 | | 卖出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | | 026-01-22 | 今世缘 | 603369 | 30.8 308 10 委員重要發習第 | 英語語語書館書 | | ко | 1月22日，今世缘大宗交易成交10万股，成交额308万元，占当日总成交额的1.21%，成交价30.8元，较 市场收盘价33.91元折价9.17%。 | 股票基金信息 | | --- | ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 000596 | 古井贡酒 | 127.03 | -1.22% | 3.32万 | 4.25 Z | | 603369 | 今世缘 | 33.91 | -0.91% | 7.36万 | 2.51亿 | | 615009 | 贵州茅台 | 1340.06 | -0.81% | 5.90万 | 79.62亿 | | 000568 | 泸州老窖 | 112.35 | -0.73% | 8.24万 | 9.30亿 | | 616809 | 金徽酒 | 19.87 | -0.50% | 3.57万 | 7121.10万 | | 600779 | 水井坊 | 38.75 | -0.46% | 3.75万 | 1.45亿 | | 600702 | 舍得酒业 | 54.44 | -0.33% | 4.65万 | 2.53亿 | | 603198 | 迎驾贡酒 | 38.84 | -0.31% | 3.33万 | 1.29亿 | | 000858 | 五粮液 | 1 ...

瑞财经1月21日，由瑞财经推出的"2025年度十大杰出董秘"榜单揭晓，今世缘董秘王卫东入选。 "2025年度十大杰出董秘"榜单围绕公司治理、信息披露、品牌塑造等多个维度综合评选得出。 王卫东，公司董事、副总经理、总会计师及董事会秘书。河海大学工商管理专业硕士，高级经济师，高 级会计师。2013年12月起，兼任淮安市轻工业协会常务副会长；2015年3月起，兼任华泰瑞通投资管理 有限公司董事；2018年11月起，兼任江苏省上市公司协会财务专业委员会副主任委员；2019年11月起， 兼任江苏省会计学会理事；2023年11月起，兼任中国上市公司协会第三届董秘委员会委员。 2025年，王卫东在资本市场履职、公司经营策略调整、财务与数字化管理等多个领域均有亮眼表现，有 力支撑了公司在复杂市场环境中的稳定发展。 | 序号 | 。姓名 | 职务 。 | | --- | --- | --- | | 1 | 李春锋 | 燕塘乳业董秘 | | 02 | 李亦争。 | 华熙生物董秘 | | 3 | 徐鲁媛 | 和元生物董秘 | | 4 | 范涛 | 科士达董秘 | | 5 | 林椿楠 | 聚和材料董秘 | | 6 | 郭智韶 | 思 ...

Core Viewpoint - The liquor sector experienced a decline of 1.83% on January 21, with *ST Rock leading the drop, while the overall market indices showed slight increases [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4116.94, up 0.08% [1] - The Shenzhen Component Index closed at 14255.12, up 0.7% [1] - The liquor sector saw a net outflow of 2.642 billion yuan from main funds, while retail investors contributed a net inflow of 858 million yuan [1] Group 2: Individual Stock Performance - *ST Rock closed at 2.24 yuan, down 5.08% with a trading volume of 5409 lots [1] - Other notable declines included Quan Wei Jiu down 4.04%, Zhi Si Li down 3.97%, and Shui Jing Fang down 3.52% [1] - The highest closing price was for Shanxi Fen Jiu at 166.99 yuan, down 2.34% [1] Group 3: Fund Flow Analysis - Main funds showed a significant outflow from several stocks, including Lao Bai Gan Jiu with a net outflow of 18.7589 million yuan [2] - Retail investors had a net inflow in stocks like Jin Shi Zi Jiu, which saw a net inflow of 12.814 million yuan [2] - The overall trend indicates a mixed sentiment among different types of investors within the liquor sector [2]

Market Overview - The liquor sector experienced a slight increase of 0.3% on January 20, with Yanghe Distillery leading the gains [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] Individual Stock Performance - Yanghe Distillery (002304) closed at 64.19, up 3.55% with a trading volume of 121,100 shares and a transaction value of 771 million [1] - Luzhou Laojiao (000568) closed at 116.26, up 2.35% with a trading volume of 150,100 shares and a transaction value of 1.73 billion [1] - Other notable performers include: - Yingjia Grape Wine (603198) at 39.88, up 1.63% [1] - Shanxi Fenjiu (600809) at 170.99, up 0.96% [1] - Wuliangye (000858) at 104.91, up 0.34% [2] Capital Flow Analysis - The liquor sector saw a net inflow of 191 million from institutional investors, while retail investors experienced a net outflow of 1.88 billion [2] - The capital flow for key stocks includes: - Yanghe Distillery with a net inflow of 80.15 million from institutional investors [3] - Luzhou Laojiao with a net outflow of 111 million from retail investors [3] - Wuliangye with a net inflow of 10.61 million from institutional investors [3]

Group 1 - The report highlights the "Spring Excitement" in the snack sector, indicating a historical high relative win rate of 70% for the food and beverage sector in the 40 days leading up to the Spring Festival [7][16] - The report emphasizes that the "Spring Excitement" is not solely dependent on the annual beta of the food and beverage sector, as structural opportunities still exist despite a long-term adjustment period since 2021 [7][16] - Key catalysts for the upcoming Spring Festival include concentrated demand for gifts and gatherings, which leads to more planned channel stocking, creating a positive feedback loop of expectations and validations [7][16][28] Group 2 - In December, the food and beverage sector underperformed the market by 7.5 percentage points, with a decline of 5.2%, ranking last among 31 primary industries [7][61] - The report notes a divergence in performance among sub-sectors, with snacks and soft drinks showing gains while liquor and beer experienced declines [7][61][64] - The absolute and relative valuations of the food and beverage sector are at their lowest since 2010, indicating potential investment opportunities [7][61][64] Group 3 - The report tracks the recovery of consumer confidence, with a 0.9% year-on-year increase in retail sales in December, showing improvement from the previous month [7][63] - It highlights that the liquor sector is facing weak demand and declining prices, with the price adjustments for premium liquor nearing levels seen between 2011 and 2015 [7][63][64] - The report identifies structural differentiation in costs, with some packaging materials and agricultural products experiencing price increases [7][63][64] Group 4 - Investment recommendations include a focus on liquor stocks that have undergone a four-year adjustment period, with potential for a "valuation + performance" double bottom [7][64] - For consumer goods, the report anticipates a moderate increase in industry prices in 2026, with specific recommendations for companies like Anjuke Foods, Qianhe Flavor, and Eastroc Beverage [7][64] - The report suggests that the upcoming Spring Festival will provide a favorable environment for growth narratives, particularly in the restaurant supply chain and certain chain formats [7][64]

Group 1 - The core view of the report emphasizes the high relative success rate of the food and beverage sector during the pre-Spring Festival period, with a historical success rate of 70% in the last ten years [7][16] - The report identifies structural opportunities within the food and beverage sector despite a long-term adjustment phase since 2021, highlighting the importance of seasonal demand and planned channel stocking [7][16] - The report suggests three strategic approaches for investment in the snack sector during the "spring excitement" period, focusing on companies with clean chips, strong growth themes, and clear growth drivers [7][49] Group 2 - In December, the food and beverage sector underperformed the market, with a decline of 5.2%, lagging behind the CSI 300 index by 7.5 percentage points, ranking last among 31 primary industries [7][61] - The report notes a divergence in performance among sub-sectors, with snacks and soft drinks showing gains while liquor and beer sectors faced declines [7][61] - The report highlights that the absolute and relative valuations of the food and beverage sector are at their lowest levels since 2010, indicating potential investment opportunities [7][61][64] Group 3 - The report tracks the recovery of consumer confidence, with a December retail sales growth of 0.9%, showing improvement from the previous month [7][63] - It notes that the liquor sector is experiencing weak demand and price adjustments, particularly for high-end products like Moutai, which is nearing historical price levels [7][63] - The report indicates that the cost structure is showing divergence, with some packaging materials and agricultural products experiencing price increases [7][63][64] Group 4 - Investment recommendations include a focus on liquor stocks that have undergone a four-year adjustment period, with potential for valuation and performance recovery [7][64] - For consumer goods, the report anticipates a moderate increase in industry prices in 2026, highlighting opportunities in new products and channels [7][64] - Specific stock recommendations include Luzhou Laojiao, Shanxi Fenjiu, and various consumer goods companies such as Anjuke Foods and Dongpeng Beverage [7][64]