LZLJ(SZ:000568) Sou Hu Cai Jing·2025-07-30 12:12Group 1 - The core product, 52-degree Guojiao 1573, has a current adjustment price of 835 yuan per bottle, while the factory price is 980 yuan per bottle, indicating a significant price inversion where distributors incur a loss of at least 145 yuan per sale [1] - As of the end of 2024, Luzhou Laojiao's inventory scale reached 13.393 billion yuan, a year-on-year increase of 15.24%, accounting for 19.6% of total assets, marking a historical high [1] - The stock price of Luzhou Laojiao has seen an annual decline of 28.28% in 2024, underperforming within the liquor sector, which is closely related to the company's operational data [1] Group 2 - The company's strategy of "inventory compression" alongside "lending" may lead to discrepancies between short-term operational data and the market's actual consumption capacity [1] - In the context of intensified market competition and upgraded consumer demand, liquor companies need to continuously optimize their pricing systems, inventory management, and operational strategies for sustainable development [1] - For Luzhou Laojiao, improving core indicators and stabilizing market expectations through refined operations is a critical challenge currently faced [1]