会稽山2026年关注事件：税收优惠、新品扩张与高管变动

Core Viewpoint - The company is expected to experience significant growth and operational changes in 2026, driven by tax incentives, new product launches, and management changes. Group 1: Performance and Business Operations - The company received high-tech enterprise certification in December 2025, allowing it to enjoy a 15% corporate income tax rate for three years starting from 2025, which is expected to increase profits by approximately 5% in 2025 and 10-15% in 2026-2027 [1] - The company plans to accelerate the national rollout of new products, including bubble yellow wine, targeting sales of 200 million yuan and expanding into second and third-tier cities such as Shandong, Guangdong, and Sichuan [2] Group 2: Management Changes - In January 2026, the company completed a board restructuring, appointing Tang Guijiang, a former executive from China Resources Snow Beer, as the new general manager, which is expected to enhance channel efficiency and national market penetration [3] Group 3: Company Status - As of February 2026, the company has not yet disclosed its full-year financial report for 2025, but the revenue for the first three quarters showed a year-on-year increase of 14.12%, with net profit growing by 3.23%, leaving the sustainability of growth to be confirmed in the annual report [4]