WLY(SZ:000858) Sou Hu Cai Jing·2025-07-31 11:32Core Viewpoint - Wuliangye's stock closed down 2.71% on July 31, 2023, indicating a decline in investor confidence and performance in the liquor industry [1]. Company Overview - Yibin Wuliangye Co., Ltd. was established in 1998 and is located in Yibin City, primarily engaged in the manufacturing of liquor, beverages, and refined tea [1]. - The company has a registered capital of 3,881.608 million RMB, with Zeng Congqin 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 Wuliangye during the second quarter of this year [1]. - Year-to-date performance for the fund is -5.94%, ranking 3421 out of 3422 in its category [1][2]. Fund Manager Profile - The fund manager, Hou Hao, has a Master's degree in Economics and holds CFA and FRM certifications. He has been with招商基金 since 2009 and has extensive experience in risk management and quantitative investment strategies [3][4].