千禾味业：12月29日召开董事会会议

Group 1 - The core viewpoint of the article highlights that Qianhe Flavor Industry (SH 603027) held its eighth meeting of the fifth board of directors on December 29, 2025, to discuss the feasibility analysis report on futures hedging business [1] - For the year 2024, Qianhe Flavor Industry's revenue composition is reported to be 98.7% from the food manufacturing sector and 1.3% from other businesses [1] - As of the time of reporting, Qianhe Flavor Industry has a market capitalization of 13 billion yuan [1] Group 2 - The article also mentions a significant event involving Moutai distributors, where over 2,000 attendees gathered for a conference that announced major changes regarding Moutai pricing and distribution [1] - Chairman Chen Hua emphasized that distributors can no longer rely on passive income [1]