KWEICHOW MOUTAI(SH:600519) 2 1 Shi Ji Jing Ji Bao Dao·2025-09-07 08:23Industry News - The China Alcoholic Drinks Association is considering adjusting the alcohol content standards for high and low alcohol beverages, which could change the traditional perception of liquor in the industry and among the public [1][3] - The 23rd China International Wine Expo will be held from October 17 to 19 in Wuhan, featuring six themed exhibition halls and covering a total area of 60,000 square meters [2] Company Performance - Jiuziyuan's chairman stated that the company is focused on market share rather than absolute growth in revenue and profit, acknowledging a significant decline in performance in Q2 due to market conditions [4][5] - Jiuziyuan's revenue is heavily concentrated in Jiangsu province, which is currently under pressure but showing signs of improvement on a month-over-month basis [4] - The company recognizes a trend towards lower alcohol content in the market, which may affect its mid-range products, but maintains a strategic focus on the 40-42 degree high-end category [4][5] Corporate Developments - Kweichow Moutai has secured a loan commitment of up to 2.7 billion yuan from Agricultural Bank of China to support its stock buyback plan [6][7] - Guizhou Chuan plans to expand its market presence in Nantong, launching new products and focusing on the mid-to-low alcohol market segment [8][9][10] - Luzhou Laojiao is set to introduce a new 38° product and is shifting resources towards its mainstream offerings while also exploring the light bottle wine segment [12] - *ST Lanzhou Huang is investing 35.7 million yuan in a joint venture to strengthen its presence in the juice market [13][14] - Tianyoude Wine has increased its investment in its U.S. subsidiary to 16 million USD [15] Personnel Changes - Zhao Chunwu has been appointed as the chairman of China Resources Beer, following a brief transition period after the previous chairman's departure [16]