太平洋给予重庆啤酒增持评级，税率影响盈利，静待量价修复

Group 1 - The core viewpoint of the report is that Chongqing Brewery (600132.SH) is given an "overweight" rating due to its strong second-quarter sales performance compared to the industry, despite facing product structure pressures [2] - The report highlights that the release of cost benefits has improved the gross profit margin, although the increase in income tax rate has slightly reduced the net profit margin [2] Group 2 - The report notes that the second-quarter sales of Chongqing Brewery were better than the industry average, indicating a competitive advantage [2] - The report also mentions potential risks such as macroeconomic pressures, slower-than-expected structural upgrades, and intensified industry competition [2]