Core Viewpoint - The Shanghai Composite Index opened high but closed lower, with the CSI 300 Food and Beverage Index reported at 23,349.84 points [1] Group 1: Index Performance - The CSI 300 Food and Beverage Index has decreased by 5.27% over the past month, 2.96% over the past three months, and 4.25% year-to-date [2] Group 2: Index Composition - The CSI 300 Index is categorized into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries, with a base date of December 31, 2004, and a base point of 1,000.0 [2] - The top ten weights in the CSI 300 Food and Beverage Index are: Kweichow Moutai (50.79%), Wuliangye (13.2%), Yili (9.98%), Shanxi Fenjiu (4.72%), Luzhou Laojiao (4.66%), Haitian Flavoring (3.82%), Dongpeng Beverage (3.78%), Yanghe Brewery (2.19%), Jinshiyuan (1.75%), and Tsingtao Brewery (1.41%) [2] Group 3: Market Distribution - The market distribution of the CSI 300 Food and Beverage Index shows that the Shanghai Stock Exchange accounts for 76.26%, while the Shenzhen Stock Exchange accounts for 23.74% [2] Group 4: Industry Breakdown - The industry composition of the CSI 300 Food and Beverage Index includes: Baijiu (78.63%), Dairy Products (9.98%), Condiments and Cooking Oils (4.81%), Soft Drinks (3.78%), Beer (1.41%), and Meat Products (1.40%) [3] Group 5: Sample Adjustment - The index samples are adjusted biannually, with adjustments implemented on the next trading day following the second Friday of June and December each year [3] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made in response to changes in the CSI 300 Index samples [3]

Group 1 - The Shanghai Composite Index opened lower and the CSI 300 Food and Beverage Index reported at 24307.01 points [1] - The CSI 300 Food and Beverage Index has decreased by 1.04% over the past month, increased by 6.78% over the past three months, and has decreased by 0.32% year-to-date [2] - The CSI 300 Index is categorized into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries, with a base date of December 31, 2004, and a base point of 1000.0 [2] Group 2 - The top ten weights in the CSI 300 Food and Beverage Index are: Kweichow Moutai (50.89%), Wuliangye (13.09%), Yili (9.64%), Shanxi Fenjiu (5.39%), Luzhou Laojiao (4.82%), Haitian Flavoring (3.66%), Dongpeng Beverage (3.02%), Yanghe Distillery (2.28%), Jinshiyuan (1.92%), and Shuanghui Development (1.45%) [2] - The market share of the CSI 300 Food and Beverage Index is 75.95% from the Shanghai Stock Exchange and 24.05% from the Shenzhen Stock Exchange [2] Group 3 - The industry composition of the CSI 300 Food and Beverage Index shows that liquor accounts for 79.81%, dairy products for 9.64%, condiments and cooking oil for 4.64%, soft drinks for 3.02%, meat products for 1.45%, and beer for 1.43% [3] - The index sample is adjusted every six months, with adjustments implemented on the next trading day after the second Friday of June and December each year [3] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made when the CSI 300 Index samples are modified [3]

Core Viewpoint - The Shanghai Composite Index opened lower but rose throughout the day, with the CSI 300 Food and Beverage Index reported at 24,673.68 points [1] Group 1: Index Performance - The CSI 300 Food and Beverage Index has increased by 2.84% over the past month, 7.60% over the past three months, and 1.18% year-to-date [2] - The index is designed to reflect the overall performance of different industry companies within the CSI 300, categorized into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries [2] Group 2: Index Composition - The top ten weights in the CSI 300 Food and Beverage Index are: Kweichow Moutai (50.1%), Wuliangye (13.31%), Yili (9.73%), Shanxi Fenjiu (5.58%), Luzhou Laojiao (5.03%), Haitian Flavoring (3.63%), Dongpeng Beverage (2.75%), Yanghe (2.34%), Jinshiyuan (2.07%), and Gujing Gongjiu (1.51%) [2] - The market share of the CSI 300 Food and Beverage Index is composed of 75.32% from the Shanghai Stock Exchange and 24.68% from the Shenzhen Stock Exchange [2] Group 3: Industry Breakdown - The industry composition of the CSI 300 Food and Beverage Index includes: Baijiu (79.94%), Dairy Products (9.73%), Condiments and Cooking Oils (4.63%), Soft Drinks (2.75%), Beer (1.47%), and Meat Products (1.47%) [3] - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December each year [3] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made in response to changes in the CSI 300 Index samples [3]