Mei Ri Jing Ji Xin Wen·2025-06-18 01:12Group 1: Industry Performance - In May, the retail sales of tobacco and alcohol reached 48.2 billion yuan, showing a year-on-year growth of 11.2%, significantly higher than the overall retail sales growth of 6.4% [1] - The strong performance in the tobacco and alcohol sector is attributed to the Labor Day holiday, which led to increased demand for social gatherings and gifts [1] Group 2: Consumer Protection and Brand Integrity - Wuliangye has issued a consumer notice addressing the issue of counterfeit products being sold on e-commerce platforms, specifically denying the existence of a product called "Light Bottle Eighth Generation Wuliangye" [2] - The statement highlights the challenges of combating counterfeit products in the alcohol industry, especially in the e-commerce era, and emphasizes the need for collaboration between brands, platforms, and regulatory bodies [2] Group 3: Company Strategy and Market Position - Yanghe Co. stated that the long-term value of the liquor industry remains unchanged despite environmental fluctuations, emphasizing the industry's resilience and essential role in Chinese life [3] - The company is implementing strategies to support distributors, manage inventory, and focus on core products and markets, reflecting a strategic approach to navigate current market pressures [3] - Yanghe's long-term growth potential is supported by its high-end product positioning and national expansion plans, with expectations of improved competitive positioning as consumer confidence recovers [3]