即时看！五粮液：公司次高端酒—名门春主要在上海、南京、杭州、成都等城市销售，目前没有在国外销售的计划

Core Viewpoint - Wuliangye (000858) is focusing on its mid-to-high-end product line, primarily selling in major cities in China, with no current plans for international sales. The company aims for sustainable high-quality development during the 14th Five-Year Plan period, emphasizing innovation and meeting consumer demand [3][4]. Group 1: Product and Sales Strategy - The company's mid-to-high-end product, Mingmenchun, is mainly sold in cities such as Shanghai, Nanjing, Hangzhou, and Chengdu [3]. - There are no plans for international sales of the mid-to-high-end products at this time [3]. Group 2: Financial Performance - In Q1 2022, the company reported a main revenue of 27.548 billion yuan, a year-on-year increase of 13.25% [4]. - The net profit attributable to shareholders was 10.823 billion yuan, up 16.08% year-on-year [4]. - The net profit excluding non-recurring items was 10.842 billion yuan, reflecting a 16.35% increase year-on-year [4]. - The company's debt ratio stands at 18.18%, with financial expenses recorded at -513.31 million yuan and a gross profit margin of 78.41% [4]. Group 3: Market Position and Ratings - Over the past 90 days, 35 institutions have rated the stock, with 34 buy ratings and 1 hold rating [4]. - The average target price from institutions in the last 90 days is 244.23 yuan [4]. - The company has a strong competitive moat and excellent profitability, with good revenue growth potential [4].