Group 1 - The core point of the article is that Sichuan Shui Jing Fang Co., Ltd. has taken significant measures to address market disruptions, including halting sales of its key product, Zhen Niang No. 8, to stabilize pricing and restore market confidence [2][3] - The company has implemented a "first punch" by stopping the sales of Zhen Niang No. 8 500ml across all channels until further notice, as this product contributes over 50% of the company's annual revenue [2] - The "second punch" involves strict control over e-commerce pricing policies to maintain a stable pricing system, including measures for the 520ml version of Zhen Niang No. 8 to support the product's value [2] Group 2 - The "third punch" focuses on investigating and recovering products that are being sold in violation of company policies, with a commitment to "recover as much as possible" from the market [3] - The company has already taken action against customers and individuals who violated policies during the 618 shopping festival, including fines and termination of partnerships [3] - The white liquor industry is currently facing an adjustment period with high channel inventory and sluggish terminal sales, leading to low-price dumping and channel conflicts that have affected industry confidence [3][4] Group 3 - Other liquor companies, such as Wuliangye, Yanghe, and Luzhou Laojiao, have also issued stop-sale notices, indicating a broader industry trend towards stabilizing prices and managing inventory [4] - Yanghe's future channel strategy aims for stable sales, inventory reduction, and price protection, while Wuliangye is expected to reduce output this year [4] - The industry is collectively focusing on ensuring channel profitability and preventing price wars, as highlighted by the statements from various liquor companies [3][4]