大反转突袭！水井坊涨停疑被收购？官方连夜发声：不属实

Core Viewpoint - Sichuan Water Well Square Co., Ltd. clarifies that recent media reports about a potential acquisition by another liquor company are untrue, aiming to prevent misinformation from affecting investors and the public [3][4]. Group 1: Company Clarification - The company emphasizes that the reports regarding an acquisition are false and urges investors to make rational investment decisions [4]. - The board of directors guarantees the accuracy and completeness of the announcement, taking legal responsibility for its content [2]. Group 2: Market Reaction - Following the clarification, Water Well Square's stock price surged, reaching a 10% increase and hitting the daily limit on December 25 [5][8]. - Other liquor stocks also experienced gains, with notable increases in shares of Huangtai Liquor and Jiu Gui Liquor, among others [8]. Group 3: Financial Performance - For the first three quarters of the year, the company reported a revenue of 2.348 billion, a year-on-year decrease of 38.01%, and a net profit attributable to shareholders of 326 million, down 71.02% [12][13]. - The company is implementing measures to stabilize its value chain, including reducing promotional activities and managing inventory more effectively [12]. Group 4: Industry Context - The liquor industry is currently undergoing a deep adjustment period, with demand declining and prices dropping, leading to a shift from expansion to competition based on existing market share [14]. - Analysts suggest that the industry is nearing a bottom, with potential for recovery in 2026, particularly for quality companies that adapt to market changes [14].