
Core Viewpoint - Luzhou Laojiao's stock closed down by 2.62% on May 19, indicating a decline in investor confidence and performance in the market [1]. Company Overview - Luzhou Laojiao Co., Ltd. was established in 1995 and is located in Luzhou City, primarily engaged in the manufacturing of liquor, beverages, and refined tea [1]. - The company has a registered capital of 1,471.99 million RMB, with Liu Miao as the legal representative [1]. Investment Performance - The招商中证白酒指数(LOF)A, managed by招商基金, reduced its holdings in Luzhou Laojiao during the first quarter of this year [1]. - Year-to-date performance for the fund is -2.18%, ranking 2669 out of 3435 in its category [1][2]. Fund Manager Profile - The fund manager for招商中证白酒指数(LOF)A is Hou Hao, who holds a Master's degree in Economics and is a CFA and FRM [3][4]. - Hou Hao has been with招商基金 since 2009, with experience in risk management and quantitative investment strategies [3][4].