LZLJ(SZ:000568) Sou Hu Cai Jing·2025-04-25 23:31Group 1 - The core point of the news is that Luzhou Laojiao has temporarily stopped accepting orders and shipments for all products nationwide as a marketing strategy to prepare for the upcoming Dragon Boat Festival consumption peak [1][3] - The company has previously experienced similar temporary halts in product availability, indicating that this is a normal operational practice [1] - Luzhou Laojiao's core product, Guojiao 1573, has also faced supply interruptions, which the company describes as a dynamic adjustment to maintain healthy inventory levels and price stability [1][3] Group 2 - Industry expert Ouyang Qianli noted that many liquor companies, including Luzhou Laojiao, are facing issues with core product prices being undervalued due to high channel inventory, which can affect brand reputation and consumer confidence [3] - The strategy of halting shipments is aimed at restoring channel confidence, ensuring channel profitability, and promoting market activity, thereby strengthening the relationship between consumers, distributors, and Luzhou Laojiao [3] - Luzhou Laojiao's management emphasized the importance of channel profitability and has committed to enhancing price and logistics control while improving customer service to boost channel profit margins [3] Group 3 - Luzhou Laojiao's controlling shareholder, Luzhou Laojiao Group, plans to increase its stake in the company through a share buyback of between 150 million and 300 million yuan, reflecting confidence in the company's future growth and long-term investment value [4] - For the first three quarters of 2024, Luzhou Laojiao reported revenue of 24.304 billion yuan, a year-on-year increase of 10.76%, and a net profit of 11.593 billion yuan, up 9.72% year-on-year [4] - As of April 25, the stock price of Luzhou Laojiao was 125.95 yuan per share [4]