WLY(SZ:000858) Zheng Quan Ri Bao Wang·2025-12-29 08:14Core Viewpoint - The news highlights the successful conclusion of the "2025 Securities Market Annual Conference" in Beijing, focusing on the theme of "Reform and Innovation in Capital Markets," with significant discussions on the future of capital market reforms and innovations in the context of high-quality development [1] Group 1: Company Performance - Wuliangye has demonstrated strong operational resilience and the ability to navigate through economic cycles, with total revenue increasing from 66.209 billion yuan in 2021 to 89.175 billion yuan in 2024, and net profit attributable to shareholders rising from 23.377 billion yuan to 31.853 billion yuan during the same period [2] - The company has maintained a high cash dividend policy, having distributed cash dividends for 18 consecutive years, with a total payout amounting to 126.4 billion yuan, which is 33 times the funds raised since its listing [2] - Wuliangye's dividend payout ratio has exceeded 50% for five consecutive years, with a record high of 70% and a total cash dividend of 22.3 billion yuan planned for 2024, signaling a commitment to long-term and stable returns for shareholders [2] Group 2: Industry Position - As a leading representative of China's strong-aroma liquor sector, Wuliangye has established core competitive advantages in quality control and brand management, aligning its mission with creating good returns for investors [1] - The company aims to further enhance its value in the capital market in 2025, focusing on steady performance, shareholder returns, and high-quality governance, contributing to the overall value enhancement of the Chinese liquor industry [3]