Xin Hua Cai Jing·2025-10-24 07:46Core Insights - The retail sales of tobacco and alcohol products in China increased by 1.6% year-on-year in September, with a cumulative growth of 4% from January to September 2025 [3] - The liquor industry has been recognized as a "historical classic industry," which is expected to inject policy certainty for the long-term development of the sector [3] - Moutai Group has outlined its production quality work for 2026, emphasizing the importance of management, innovation, and talent development [5] Industry Dynamics - The retail sales of tobacco and alcohol products saw a year-on-year increase of 1.6% in September, with a total growth of 4% from January to September 2025 [3] - The Ministry of Industry and Information Technology has included liquor in its guidance for promoting high-quality development of historical classic industries from 2026 to 2030, highlighting the cultural and national significance of the liquor sector [3] - Guizhou Province's government has proposed measures to promote service consumption, including a shift from "selling alcohol" to "selling lifestyle," which may benefit the liquor industry [5] - The county of Gulin is aiming for a production value of 30 billion yuan from its 25 large-scale liquor enterprises, focusing on the sauce-flavored liquor sector [5] Company Updates - Moutai Group held its 2026 production quality conference, where the chairman emphasized the need for crisis awareness, quality consciousness, and a strong sense of responsibility [5] - Wuliangye Group reported a positive trend across its various business segments in the third quarter, indicating stable production and operations [6] - Yanjing Beer reported a 26% year-on-year increase in net profit for the third quarter, with total revenue reaching 13.433 billion yuan [6] - Zhujiang Beer experienced a 1.34% decline in revenue for the third quarter, although it reported a 17.05% increase in net profit for the first three quarters [6] - Shede launched a new line of high-end pet food made from brewery waste, showcasing an innovative approach to integrating the liquor industry with the pet economy [7]