Core Viewpoint - The 2026 Spring Festival Gala has seen a decline in the presence of liquor brands, reflecting changes in the white liquor industry amid ongoing adjustments [3][4]. Group 1: Advertising and Brand Presence - The 2026 Spring Festival featured advertisements primarily from four major liquor companies, with Wuliangye being the largest investor, gifting 136,000 items worth 100 million yuan [3]. - The number of liquor brands appearing on the Spring Festival Gala has decreased from 9 in 2024 to 6 in 2025, and further down to 4 in 2026 [3]. - Traditional product placements have also diminished, with fewer brands utilizing this strategy compared to previous years [4]. Group 2: Marketing Strategies - Liquor brands are shifting their marketing strategies, with some, like Jianan Spring and Langjiu, collaborating with platforms like Douyin and Xiaohongshu for content marketing focused on the Spring Festival [5]. - Other companies are opting for local Spring Festival galas to strengthen their regional market influence, such as Fenjiu sponsoring Beijing Satellite TV's gala [5]. Group 3: Industry Trends - Since 2025, the white liquor industry has been transitioning to a consumer-centric growth model, aiming to reach a broader audience through diverse marketing strategies [6]. - The industry is still in an adjustment phase, with expectations of increasing structural differentiation and concentration among liquor companies [6].