Core Viewpoint - Guizhou Moutai is experiencing a decline in performance due to deep adjustments in the liquor industry, changing consumer habits, and mismatched business models, leading to widespread pressure on liquor companies [1] Industry Summary - The liquor industry is undergoing significant adjustments, with companies facing challenges from evolving consumer preferences and inadequate business models [1] - Maintaining channel resilience is a key focus for the fourth quarter as companies navigate these pressures [1] Company Strategy - Guizhou Moutai is enhancing market control and increasing regulatory efforts in response to the "return liquor" phenomenon, which has led to the suspension of supply to certain channels [1] - The company's "three-step" internationalization strategy remains unchanged, with current efforts focused on ensuring market health, stability, and resilience [1] - The company aims to respect market rules, driven by market demand and centered on consumers, while promoting "three transformations" and "three terminal changes" to address industry uncertainties and ensure long-term stability in the market and channels [1]
贵州茅台王莉回应三季度业绩下滑,称将推动三个转型应对行业调整