Group 1 - The core viewpoint of the articles indicates a continued decline in the retail prices of major Chinese liquor brands, with the average price of the top ten products dropping to 9123 yuan, a decrease of 15 yuan from the previous day, reflecting a weak market overall but with notable internal structural differentiation [1][2] - The data collected from approximately 200 sampling points across various regions ensures an objective and traceable representation of the market prices for well-known liquors [1] - Specific brands show significant price variations, with Qinghua Lang leading the decline at 20 yuan per bottle, while Xijiu Junpin and Guojiao 1573 saw increases of 7 yuan and 6 yuan respectively, indicating a mixed performance among brands [1][2] Group 2 - On December 10, a meeting took place between the Vice President of the Central Radio and Television Station and the Chairman of Moutai Group, where the Chairman emphasized the need to consolidate market advantages amidst ongoing industry adjustments [2] - The strategic focus of Moutai has shifted from merely pursuing price benchmarks to actively competing for market share in a contracting market, marking a new phase in their approach to industry challenges [2]

21世纪经济报道记者肖夏 实习生侯朝霞 在五粮液（000858）传出"调价"消息后，近一周业内都在关注：其他高端白酒会不会跟进？哪些会跟进？ 过去这轮周期，飞天茅台在高端白酒市场逐渐一骑绝尘，五粮液、国窖1573跟随其后，郎酒青花郎、君品习酒亦有一定份额，茅台1935近年更是异军突起， 在酱香赛道的位次连续上升。 但一直屹立前三的，还是飞天茅台、第八代五粮液、国窖1573。后两者同为川酒、同为浓香，且价格接近，在市场策略方面经常出现联动。 过去几天，与21世纪经济报道记者交流的行业观察人士、机构人士，对国窖1573是否会跟随五粮液"调价"给出了不同看法。 多位交流对象认为，国窖1573会再次采用跟随战术，但预计暂不会动出厂价，而是采取和五粮液类似的打法，通过向渠道提供更多补贴"曲线降价"。 酒业评论人肖竹青认为，（五粮液之后）明年会轮到国窖1573跟进。"下一步是'放量抢位赛'，谁先降价谁先吃到份额，后跟进者只能捡剩余市场。"另有券 商人士也对21世纪经济报道记者表示，"国窖1573必须跟。" 上一轮调整期以来，无论提价还是降价，国窖1573大部分时候紧跟五粮液。反映到市场价上，两者高度单品的差价，大部分时候 ...

Group 1 - The food and beverage sector experienced a rise in the market, with the food ETF (515710) increasing by 1.03% as of the report time [1] - Notable stocks in the liquor segment saw significant gains, with brands like JiuGuiJiu rising over 6%, and SheDe JiuYe increasing over 4% [1] - Major liquor brands such as Moutai and Wuliangye also showed strong performance, contributing to the overall positive trend in the sector [1] Group 2 - Analysis indicates that the slight decline in liquor prices year-on-year should be viewed as a rational adjustment by the industry to manage inventory and stabilize channel pricing, paving the way for future healthy development [3] - The current valuation of the food and beverage sector is at a historical low, suggesting a favorable time for investment, with the food ETF's price-to-earnings ratio at 19.97, positioned in the lower 4.71% of the past decade [3] - Citic Securities highlights that while Moutai's price drop may temporarily suppress sector performance, potential policy catalysts in December could enhance consumption, making high-quality assets like liquor appealing for investment [3] Group 3 - The consumer market has shown signs of slowing growth due to high base effects and reduced subsidies, with a need for time to recover domestic demand [4] - Looking ahead to 2026, opportunities may arise from supply-side optimization, new product categories, and policies aimed at boosting consumption [4] - The food ETF (515710) is recommended for investors, as it tracks a diversified index with significant allocations to leading liquor brands and other beverage sectors [4]

新浪财经"酒价内参"重磅上线 知名白酒真实市场价尽在掌握 1、重磅会议定调扩内需，提振消费专项行动启动 2025年12月10日至11日，中央经济工作会议在北京举行。具体来看，会议提出，明年经济工作抓好以下重点任务。坚持内需主 导，建设强大国内市场。深入实施提振消费专项行动，制定实施城乡居民增收计划。增强居民和企业的获得感。优化"两新"政 策实施。清理消费领域不合理限制措施，释放服务消费潜力。推动投资止跌回稳，适当增加中央预算内投资规模等。持续扩大 内需、优化供给，做优增量、盘活存量，因地制宜发展新质生产力，纵深推进全国统一大市场建设。 截至2025年12月12日 09:38，食品饮料ETF天弘(159736)成交506.41万元。跟踪的中证食品饮料指数(930653)上涨0.30%，成分股 酒鬼酒(000799)上涨2.24%，会稽山(601579)上涨1.52%，重庆啤酒(600132)上涨1.48%，舍得酒业(600702)上涨1.27%，欢乐家 (300997)上涨1.13%。 拉长时间看，截至12月11日，食品饮料ETF天弘(159736)近3天获得连续资金净流入，最高单日获得1936.24万元净流入 ...

公告编号:2025/ 第 034 号 宜宾五粮液股份有限公司 2025 年中期分红派息实施公告 | 股份类别 股权登记日 | 最后交易日 除权(息)日 现金红利发放日 | | | | --- | --- | --- | --- | | Ａ股 2025/12/18 | | 2025/12/19 | 2025/12/19 | 同日，五粮液公告称，公司召开第七届董事会2025年第6次会议，审议通过《2025年中期利润分配方 案》，同意以公司现有总股本38.82亿股为基数，向全体股东每10股派现金25.78元（含税），合计分配 100.07亿元（含税），不送红股，不以公积金转增股本。股权登记日为2025年12月17日，除权除息日为 2025年12月18日。本次分派对象为：截至2025年12月17日下午深圳证券交易所收市后，在中国证券登记 结算有限责任公司深圳分公司登记在册的公司全体股东。 证券代码:000858 证券简称:五粮液 1. 宜宾五粮液股份有限公司(以下简称"公司")于 2025年 6 月 20 日召开 2024 年度股东大会,审议通过《关于提请股东大会授权董 事会制定 2025年中期分红方案的议案》,同意 ...

12月11日，市场震荡调整，沪指高开低走，创业板指冲高回落，此前一度涨超1%。截至收盘，中证食 品饮料指数(930653.CSI)跌0.82%。 相关ETF方面，食品饮料ETF天弘（159736）成交额超1400万元。 资金流向方面，截至12月11日，该ETF连续3日获资金净流入，累计"吸金"超3800万元。该ETF最新流 通份额为79.02亿份，最新流通规模为54.18亿元。 同日，五粮液发布公告称，公司召开第七届董事会2025年第6次会议，审议通过《2025年中期利润分配 方案》，同意以公司现有总股本38.82亿股为基数，向全体股东每10股派现金25.78元（含税），合计分 配100.07亿元（含税），不送红股，不以公积金转增股本。股权登记日为2025年12月17日，除权除息日 为2025年12月18日。 华创证券指出，2026年白酒周期将加速筑底，同时认为：行业经历近年持续洗礼，底层刚需的托底效应 已显现，以啤酒、乳业、餐饮供应链为代表的传统赛道龙头企业依靠经营稳扎稳打，强化全产业链竞争 力，加速收获市场份额，一旦消费需求在明年回升改善，龙头企业有望迎来更大的反转弹性。 东方证券指出，食品饮料基本面拐点 ...

Core Insights - The overall retail price of the top ten Chinese liquor products continues to decline, with a total packaged price of 9,123 yuan, down 15 yuan from the previous day, indicating a weak market trend with notable internal structural differentiation [1][6][7] - Moutai Group's chairman, Chen Hua, emphasized the need to consolidate market advantages amidst industry adjustments, signaling a shift from passive pressure to proactive market share competition [2][8] Price Trends - The price of Qinghua Lang dropped significantly by 20 yuan per bottle, leading the market decline after a previous rapid increase [7] - Prices for Feitian Moutai and premium Moutai decreased by 3 yuan and 5 yuan per bottle, respectively [7][9] - Other brands like Yanghe Dream Blue M6+ and Wuliangye Pu 58th generation also saw price drops of 4 yuan and 2 yuan per bottle [7] - Conversely, some brands experienced price increases, with Xijiu Junpin rising by 7 yuan, Guojiao 1573 by 6 yuan, and Shujin Jian Nan Chun and Qinghua Fen 20 by 4 yuan and 2 yuan, respectively [7][10]

新浪财经"酒价内参"重磅上线 知名白酒真实市场价尽在掌握 新浪财经"酒价内参"过去24小时中收集的数据显示，白酒市场十大单品的终端零售均价周五延续回调态 势，整体继续下探。如果十大单品各取一瓶整体打包售价为9123元，较昨日回落15元，市场整体延续弱 势，但内部结构性分化特征突出。 "酒价内参"的每日数据源自全国各个大区均有合理分布的约200个采集点，包括但不限于酒企的指定经 销商、社会经销商、主流电商平台和零售网点等，原始取样数据为过去24个小时中各点位经手的真实成 交终端零售价格，确保为社会各界提供一份关于知名白酒市场价格的客观、真实、科学、全程可追溯的 数据。 今日各品牌走势差异显著。青花郎价格环比显著回落20元/瓶，领跌市场，其价格在经历前期快速上涨 后迎来阶段性调整。飞天茅台与精品茅台价格延续小幅阴跌，分别下跌3元/瓶与5元/瓶。洋河梦之蓝 M6+价格下跌4元/瓶。五粮液普五八代价格下跌2元/瓶。部分品牌逆市走强，习酒君品价格环比上涨7 元/瓶，涨幅居前。国窖1573价格上涨6元/瓶。水晶剑南春与青花汾20分别上涨4元/瓶和2元/瓶。古井贡 古20价格则与昨日持平。 【点击进入酒价内参，查看真实酒价 ...

Core Insights - The overall retail price of the top ten Chinese liquor products continues to decline, with a total packaged price of 9,123 yuan, down 15 yuan from the previous day, indicating a weak market trend with notable internal structural differentiation [1][6][7] - Data for the "Liquor Price Reference" is collected from approximately 200 sampling points across various regions, ensuring objective and traceable pricing information for well-known liquor brands [1][6] Price Trends - The price of Qinghua Lang has significantly decreased by 20 yuan per bottle, leading the market decline after a previous rapid increase [7] - Prices for Feitian Moutai and Premium Moutai have continued to slightly decline, down 3 yuan and 5 yuan per bottle, respectively [7] - Other brands such as Yanghe Dream Blue M6+ and Wuliangye Pu 58th generation have also seen price drops of 4 yuan and 2 yuan per bottle, respectively [7] - Conversely, some brands have shown price increases, with Xijiu Junpin rising by 7 yuan per bottle, and Guojiao 1573 increasing by 6 yuan [7][8] Strategic Developments - In response to the ongoing industry adjustment and market downturn, Moutai Group's chairman has emphasized the need to "continuously consolidate market advantages," indicating a shift from merely pursuing price benchmarks to actively competing for market share [2][8]

新浪财经"酒价内参"重磅上线 知名白酒真实市场价尽在掌握 新浪财经"酒价内参"过去24小时中收集的数据显示，白酒市场十大单品的终端零售均价周五延续回调态 势，整体继续下探。如果十大单品各取一瓶整体打包售价为9123元，较昨日回落15元，市场整体延续弱 势，但内部结构性分化特征突出。 "酒价内参"的每日数据源自全国各个大区均有合理分布的约200个采集点，包括但不限于酒企的指定经 销商、社会经销商、主流电商平台和零售网点等，原始取样数据为过去24个小时中各点位经手的真实成 交终端零售价格，确保为社会各界提供一份关于知名白酒市场价格的客观、真实、科学、全程可追溯的 数据。 今日各品牌走势差异显著。青花郎价格环比显著回落20元/瓶，领跌市场，其价格在经历前期快速上涨 后迎来阶段性调整。飞天茅台与精品茅台价格延续小幅阴跌，分别下跌3元/瓶与5元/瓶。洋河梦之蓝 M6+价格下跌4元/瓶。五粮液普五八代价格下跌2元/瓶。部分品牌逆市走强，习酒君品价格环比上涨7 元/瓶，涨幅居前。国窖1573价格上涨6元/瓶。水晶剑南春与青花汾20分别上涨4元/瓶和2元/瓶。古井贡 古20价格则与昨日持平。 责任编辑：李昂 新浪财经"酒价内 ...