KWEICHOW MOUTAI(SH:600519) Zhong Guo Ji Jin Bao·2025-12-08 05:04Group 1 - The new product from Moutai, a commemorative edition of Guizhou Moutai liquor, sold out instantly on the iMoutai app, priced at 11,000 yuan per bottle [2] - The sales period for this product was from December 8 to December 10, with a limit of one bottle per registered user each day [2] - In August, another commemorative Moutai product was sold at 7,000 yuan per bottle and sold out in 2 minutes, later peaking at 13,500 yuan before declining [5] Group 2 - Moutai's overall pricing trend has been downward this year, with the 2025 vintage of 53-degree 500ml Moutai dropping below key price points [5] - As of December 8, the price of the 2025 vintage Moutai was reported at 1,530 yuan per bottle, down 5 yuan from the previous day [6] - The average inventory turnover days for the liquor industry reached 900 days, a 10% increase year-on-year, indicating growing inventory pressure [5] Group 3 - White liquor companies are implementing measures to alleviate channel pressure, such as Wuliangye's subsidy program for its core product [7] - Despite a generally low sentiment in the white liquor sector, some analysts suggest looking for bottoming opportunities, with expectations of improved sales performance [7] - Current market conditions are seen as a potential window for policy support, with a focus on Moutai's price stabilization signals [7]