五粮液：投资者质疑资金合理性，董秘回应保有资金必要性

Core Insights - The article discusses the launch of a new feature by Sina Finance that provides real-time market prices for well-known liquor brands, particularly focusing on the white liquor market [1] Group 1: Company Financials - The company reported having over 136.3 billion in cash as of the third quarter, primarily held in banks with a low yield of approximately 2%, which is significantly lower than the company's dividend rate [1] - Despite the ongoing decline in stock prices, the company has the capacity to conduct share buybacks but has chosen not to do so, indicating a strategic decision to maintain liquidity [1] Group 2: Market Strategy - The company emphasizes the importance of maintaining sufficient funds to address potential market challenges and ensure sustainable operations, reflecting a cautious approach in the current economic environment [1]