茅台将着力构建更具抗风险能力和持续盈利能力的渠道生态体系

Group 1 - The core viewpoint emphasizes the importance of consumer-centric strategies and the need for a market-oriented transformation in Moutai's marketing approach [3] - Moutai aims to maintain stable annual product supply while adapting production to meet market demand, shifting from "production-driven sales" to "sales-driven production" [3] - The company plans to enhance its market operation capabilities by focusing on stabilizing the market, expanding customer base, and improving service quality [3] Group 2 - In 2026, Moutai will return to a "pyramid" product structure, focusing on aligning products with consumer demand [3] - The strategy includes strengthening the core product, the 500ml Flying Moutai, while promoting premium and zodiac products to stimulate consumer interest [3] - The optimization of product structure aims to ensure a balance between supply and demand, maintaining market stability [3]