KWEICHOW MOUTAI(SH:600519) Xin Hua Cai Jing·2025-12-15 11:49Core Viewpoint - Guizhou Moutai's stock price has rebounded after briefly falling below 1400 CNY per share, closing at 1426 CNY on December 15, with a market capitalization of 1.79 trillion CNY, ranking sixth in the A-share market [2] Group 1: Stock Performance - Guizhou Moutai's stock price has increased for four consecutive trading days, reflecting a recovery in market sentiment [2] - The stock price difference between Guizhou Moutai and Cambricon has narrowed to nearly 100 CNY [2] Group 2: Pricing and Market Dynamics - Recent reports indicate that Guizhou Moutai has implemented a volume control policy, which has led to a rebound in the prices of Moutai liquor on third-party platforms [2][4] - On December 14, the wholesale price of the 2025 53-degree 500ml Moutai rose to 1590 CNY per bottle, an increase of 70 CNY from the previous day [2] - However, on December 15, the prices slightly decreased, with the wholesale price for the same product falling to 1560 CNY [2][3] Group 3: Strategic Adjustments - Guizhou Moutai's distributors recently held a meeting to discuss channel strategies for 2026, focusing on core products while potentially reducing the output of non-standard Moutai products [4] - The company plans to stop the distribution of unfulfilled quotas for 2025 to stabilize the market [4] Group 4: Industry Challenges and Opportunities - The company faces challenges such as slowing growth, insufficient short-term demand, and long-term demographic changes [5] - Guizhou Moutai is exploring innovative consumption scenarios and retail formats to expand its consumer reach and transition from merely selling liquor to promoting a lifestyle [5] - The food and beverage index, including Moutai, has seen a pullback in December, attributed to a slight slowdown in monthly sales data [6]