Core Viewpoint - Guangzhou Zhujiang Brewery Co., Ltd. has undergone a leadership change with the resignation of General Manager Huang Wensheng and the appointment of Zhang Yong as the new General Manager, highlighting the company's ongoing transition and challenges in expanding beyond its stronghold in South China [1][4]. Group 1: Leadership Changes - Huang Wensheng has resigned as General Manager but will remain as a director, chairman, and party secretary of the company [1]. - Zhang Yong has been appointed as the new General Manager, with his term lasting until the next board election [1][4]. Group 2: Financial Performance - In 2024, the company reported a revenue of 5.731 billion yuan, a year-on-year increase of 6.56%, and a net profit attributable to shareholders of 810 million yuan, up 29.95% [4]. - The revenue from the South China region was 5.491 billion yuan, accounting for 95.81% of total revenue, indicating a high regional dependency [5]. - Non-South China revenue was only 241 million yuan, down 10.37% year-on-year, further decreasing its share from 4.98% in 2023 to 4.19% [5]. Group 3: Future Outlook - The company has projected a strong performance for the first half of 2025, expecting a net profit of 575 to 625 million yuan, representing a year-on-year growth of 15% to 25% [5]. - The new leadership faces the challenge of maintaining growth while expanding the company's presence nationwide [5].
换帅之后又换将,珠江啤酒加速走向全国?