Mei Ri Jing Ji Xin Wen·2026-01-12 16:15Group 1: Kuaijiao's Action Plan Evaluation - Kuaijiao released a semi-annual evaluation report for its 2025 "Quality Improvement and Efficiency Enhancement" action plan, detailing progress in main business development, cash dividends, reform empowerment, investor communication, and corporate governance [1] - For the first three quarters of 2025, Kuaijiao achieved operating revenue of 3.174 billion yuan and a net profit of 742 million yuan [1] - The company is advancing marketing, culture, management, and talent system construction, implementing high cash dividend ratios, establishing market value management systems, promoting digital transformation, and integrating wine and tourism projects [1] Group 2: Moutai Price Adjustments - Moutai has significantly reduced the ex-factory prices of several products, including a drop from 2,969 yuan to 1,809 yuan for premium Moutai and from 5,399 yuan to 3,409 yuan for aged Guizhou Moutai (15) [2] - The price reductions are substantial, with decreases of 1,160 yuan and 1,990 yuan per bottle, respectively [2] - The adjustments aim to create a reasonable price gap between ex-factory and market prices, reducing volatility and aligning with the "i Moutai" platform for precise distribution [2] Group 3: Zhiyi Liquor's Legal Issues - Zhiyi Liquor's shares in A-share company Mengsheng Electronics (688311) are set for judicial auction, with a starting price of 87.4369 million yuan and a market valuation of 105 million yuan [3] - The current market value of the shares exceeds 174 million yuan, indicating potential arbitrage opportunities [3] - Zhiyi Liquor has faced severe operational crises, including numerous lawsuits and becoming an executed party with debts nearing 200 million yuan [3]