Yanghe(SZ:002304) Xin Lang Cai Jing·2025-10-30 12:09Core Viewpoint - Yanghe Co., Ltd. has reported its Q3 2025 earnings, showing a revenue of 18.09 billion yuan and a net profit attributable to shareholders of 3.975 billion yuan, amidst a challenging market environment for the liquor industry [1] Group 1: Financial Performance - The company achieved a revenue of 18.09 billion yuan in the first three quarters [1] - The net profit attributable to shareholders reached 3.975 billion yuan [1] Group 2: Industry Context - The liquor industry is currently undergoing a deep adjustment period, with a more complex market environment [1] Group 3: Strategic Initiatives - The company is implementing a strategy focused on "inventory reduction, enhancing momentum, and stabilizing prices" to address external challenges [1] - Yanghe Co., Ltd. has successfully achieved double-digit inventory reduction across the overall market [1] Group 4: Product and Brand Development - The company is continuously upgrading its product structure and strengthening brand value [1] - There is an ongoing optimization of the channel system, enhancing internal growth drivers through multi-dimensional collaboration [1] - These efforts are aimed at laying a solid foundation for long-term high-quality development and accumulating momentum [1]