Kouzijiao(SH:603589) Nan Fang Du Shi Bao·2025-10-28 12:12Core Insights - The latest "Hurun Rich List" for 2025 was released, showing a total wealth of 203 billion yuan among 11 individuals from the liquor industry, with only two seeing an increase in their rankings compared to last year [1][2]. Group 1: Wealth and Rankings - Wang Junlin, with a wealth of 59.5 billion yuan, ranks 95th, making him the highest-ranked liquor entrepreneur [3]. - Wu Xiangdong, with 37 billion yuan, ranks 163rd, experiencing a drop of 6 places due to a significant decline in revenue for his companies [3]. - Wu Shaoxun, with 17.5 billion yuan, ranks 370th, falling 64 places as his company's products faced poor sales despite initial popularity [3]. - Liu Xiaodong and Cai Kaiyun are the only two entrepreneurs who improved their rankings, with Liu at 528th (up 128 places) and Cai at 847th (up 28 places) [3]. Group 2: Industry Trends - The liquor industry is undergoing a deep adjustment period, leading to significant changes in consumption patterns and a majority of entrepreneurs experiencing declines in their rankings [2][3]. - Kuozi Jiao's Xu Jin, with 6 billion yuan, ranks 1168th, dropping 293 places due to poor market performance [3][4]. - Kuozi Jiao reported a continued decline in its third-quarter results, with revenue down 27.24% and net profit down 43.39% year-on-year [4].