口子窖：高端动销不及预期；四川打造白酒文旅新地标丨酒业早参

Group 1 - Kouzi Jiao's mid-range and low-priced products are performing well, while high-end sales are below expectations, indicating challenges in product structure optimization [1] - The prices of Kouzi Jiao's mid-range products (Jian 5, Jian 6, Jian 8) are stable within the company's guidance, but some high-end products (Jian 10, Jian 20) are priced slightly below guidance [1] Group 2 - Tianyoude Wine received a government subsidy of approximately 7.59 million yuan, which will temporarily boost profits, but the sustainability of such subsidies is questionable [2] - The impact of the government subsidy on Tianyoude Wine and the industry is limited, and future performance should be monitored [2] Group 3 - Sichuan province is promoting the integration of culture and tourism, focusing on developing geographical indication products like Sichuan liquor, tea, and fruits [3] - The establishment of a new cultural tourism landmark centered around the Chinese Baijiu Museum will provide broader display and consumption opportunities for Sichuan liquor companies [3] - The policy direction in Sichuan is expected to enhance regional brand recognition and may positively influence market expectations for the consumer sector [3]