酒业专家吕咸逊认为：白酒行业调整将在2025年三季度见底

Group 1 - The core viewpoint is that the Chinese liquor industry, particularly the sauce-flavored liquor sector, is expected to reach its bottom by the third quarter of 2025, with August and September potentially marking the lowest point due to macroeconomic recovery trends [1] - The industry is anticipated to enter a phase where stronger companies will thrive while weaker ones will be eliminated, indicating a shift towards quality over quantity in the market [3] - The future of the industry is leaning towards online sales, with e-commerce and instant retail expected to replace traditional distributors, leading to a potential reduction of over 30% in the role of traditional distributors [3]