消息面上，珍酒李渡发布公告，集团预期截至2025年6月30日止6个月取得的收入约为人民币24.0亿元至 人民币25.5亿元，而截至2024年6月30日止6个月的收入约为人民币41.3亿元。预期期内收入将同比下降 38.3%至41.9%。根据国际财务报告会计准则，截至2025年6月30日止6个月，股东应占净利润预期下降 23%至24%。截至2025年6月30日止6个月，经调整净利润(非国际财务报告准则计量)预期下降39%至 40%。 天风证券（601162）指出，白酒行业为强β行业，2025H1受经济/消费仍偏弱&廉洁教育/限制饮酒相关 文件出台影响，春节后淡季动销表现持续走弱，后续随着大众消费逐步修复&龙头酒企在综合实力方面 优势持续凸显，拥有强壁垒的公司有望率先实现价值重估修复，建议重视强品牌、强韧性的白酒龙头相 对底部机会。 珍酒李渡(06979)涨近4%，截至发稿，涨3.95%，报7.11港元，成交额4206.15万港元。 ...

Company Summary - Zhenjiu Lidu (06979) shares increased by nearly 4%, reaching HKD 7.11 with a trading volume of HKD 42.06 million [1] - The company expects revenue for the six months ending June 30, 2025, to be approximately RMB 2.4 billion to RMB 2.55 billion, a decline of 38.3% to 41.9% compared to RMB 4.13 billion for the same period ending June 30, 2024 [1] - The anticipated net profit attributable to shareholders for the same period is expected to decrease by 23% to 24% [1] - Adjusted net profit (non-IFRS measurement) is projected to decline by 39% to 40% for the six months ending June 30, 2025 [1] Industry Summary - The liquor industry is characterized as a strong beta sector, with expectations of weak economic and consumer conditions impacting performance in the first half of 2025 [1] - The ongoing influence of anti-corruption education and restrictions on alcohol consumption is expected to continue affecting sales negatively after the Spring Festival [1] - As consumer spending gradually recovers, leading liquor companies with strong brand power and resilience are likely to achieve a revaluation of their value, presenting bottoming opportunities [1]