本次考评体系设计科学、流程严谨，全面覆盖理论素养与实操技能两大核心维度，对参评人员的专业理论功底与感官感知敏锐度进行综合评估。考评内容 设置对标国家级评酒资格考试标准，以行业权威标杆锻造专业能力。这种高规格、严要求的考评导向，不仅为选拔优秀人才树立了清晰标尺，也为团队整 体专业素养的持续提升注入了强劲动力。 生产运营中心总监吕志远在考评中强调：与试人员要对品评技艺抱有敬畏之心。品评技艺是品质保障的基石，是白酒生产链条上的重要环节，精准的判断 力是保障每一瓶趵突泉酒品质如一、风味卓越的决定性力量。 党委副书记杨连明在考试后做总结发言：品质是趵突泉酒业生存和发展的生命线，高素质的专业人才是守护这条生命线的核心力量。公司将持续优化评选 机制、加大人才培养力度，确保人才优势切实转化为产品品质优势。 人才始终是趵突泉酒业品质战略核心。趵突泉以建设高质量科研队伍为目标，构建了涵盖选拔、培育、实践与进阶发展的全链成长体系。依托常态化的内 部专项培训、行业前沿技术交流以及酿酒工艺大师的实践指导，确保品酒技艺与专业知识得以传承、迭代与创新升级。这支专业、稳定的品评团队，凭借 其深厚的专业积淀和敏锐的集体智慧，深度参与到酒体设计 ...

Summary of Key Points from the Conference Call Industry Overview: Baijiu Market - The baijiu market is currently in a low season, with sales accounting for less than 5% of the annual total, primarily driven by events like graduation banquets [1][3] - There is a slight increase in demand for liquor priced below 300 yuan, with expectations for improved sales in the second half of the year, particularly around the Mid-Autumn Festival and National Day [1][4] - Inventory pressure is evident, but it is expected to ease after October, reducing the risk of stockpiling or unsold goods before the 2026 Spring Festival [1][5] Company Performance: Moutai and Other Leading Brands - Moutai maintains profitability for distributors through a tiered pricing strategy, with wholesale prices for its flagship products ranging from 1,900 to 2,000 yuan, and actual prices exceeding 2,000 yuan [1][6][7] - The overall performance expectation for the baijiu market in Q2 is low, with many companies struggling to sustain growth; however, leading brands like Moutai are still expected to show growth [1][8] - Current valuations for baijiu companies are between 13 to 16 times earnings, which is considered normal; valuations could rise to 15 to 20 times if external risks are mitigated [1][9] Market Dynamics and Future Expectations - The baijiu market is expected to see improved sales in the second half of the year, with a potential recovery in gifting demand during the festive season [1][4] - The overall sentiment in the market is improving, with cash flow pressures on distributors easing, which may lead to better sales performance [1][10] Other Notable Insights - The beer sector is performing well, with Yanjing Beer and Zhujiang Beer reporting net profit growth of 25% to 35% and 15% to 25%, respectively [3][11] - The seasoning industry is stabilizing, with companies like Haitian Flavor Industry expected to achieve mid-single-digit revenue growth and double-digit profit growth [3][24] - The snack food sector is also showing strong growth, with companies like Yanjin and Weilong performing well despite some cost pressures [3][15] Conclusion - The baijiu market is currently facing challenges due to seasonal factors but is expected to recover in the latter half of the year, particularly if gifting demand returns to normal levels. Leading brands like Moutai are positioned to maintain profitability through strategic pricing and product offerings. The overall sentiment in the food and beverage industry remains cautiously optimistic, with several sectors, including beer and snacks, showing robust performance.

中国白酒业正摆脱传统"高度数"的形象，迎来全新发展风潮。中国多家头部白酒企业纷纷预告将推 出酒精度数低于29度的新产品，标志着白酒市场"降度"革命正式拉开帷幕。虽然近年来中国市场已出现 一些低度酒产品，但这是首次有知名白酒品牌涉足低度酒领域。 中国的低度白酒市场正在迅速壮大。低度白酒的市场规模从2020年的约3.7万亿韩元（1000韩元约 合5元人民币）增长到2024年的约10.89万亿韩元，预计2025年将达到14万亿韩元规模。而这股增长背后 的核心动力，正是年轻消费者。 【中国白酒网】韩国《中央日报》7月13日文章，原题：瞄准年轻一代，中国白酒业掀起"降度革 命" 中国酒类行业发布的有关年轻人饮酒及中国酒类品类创新的研究报告显示，目前白酒消费者中有 34%是20至30多岁的人，中国境内潜在的年轻酒类消费者高达4.9亿人，相关市场规模约为76万亿韩 元。 一些专家也认为，这种变化不会只是短期潮流，还可能重塑整个行业结构。有分析指出，"低度酒 可能成为未来白酒行业的核心市场，若产品研发与渠道策略配合得当，将成为新的增长引擎"。 根据中国一家酒类企业的调查，相比于高度数的白酒，一些年轻人对低度酒产品更加偏好。面 ...

贵州省黎平县肇兴侗寨。 新华社图 东数西算（贵州）智算中心。 新华社图 贵州贵安新区 "贵州正坚定不移大抓产业、主攻工业，发挥比较优势加快构建富有贵州特色的现代化产业体系，投资 贵州正当其时。"贵州省委书记徐麟说，希望大家以此次考察为契机，持续看好贵州、继续深耕贵州， 落地更多优质项目，实现互利共赢。 ◎记者 林超 秦春刚 李子健 穷富辩证 ——从"一块石头"做起 贵州，名虽为"贵"，却曾为"天下第一贫瘠之地"。十多年前，贵州GDP仅占全国百分之一，长期处于中 国经济的"洼地"。 投资创业 何以为"贵" 建设中的贵州六安高速花江峡谷大桥。 新华社图 ——以高质量发展统揽全局的贵州实践 从GDP仅占全国百分之一，到一年新签约6600多亿元项目合同，十余年间，贵州以"三不沿"之躯，在大 山褶皱间重构发展逻辑。 贵州为什么行？未来又将如何发展？近期，上海证券报社组织60多位企业和金融机构代表来到这片土 地，寻商机，探新机。 "坚持以高质量发展统揽全局""在中国式现代化进程中展现贵州新风采"。新蓝图已绘就，新征程正扬 帆。 但穷的不是资源，而是发展理念。"黔中无闲石，贵地多宝藏"——贵州素有"江南煤海"之称，"中国磷 ...

截至2025年7月11日收盘，酒鬼酒(000799)报收于47.47元，下跌0.46%，换手率6.0%，成交量19.5万手， 成交额9.34亿元。 当日关注点 交易信息汇总 7月11日主力资金净流出4889.93万元，占总成交额5.23%；游资资金净流入1886.61万元，占总成交额 2.02%；散户资金净流入3003.32万元，占总成交额3.22%。 酒鬼酒股份有限公司为切实履行公司的社会责任，提升公司品牌形象，拟向西藏洛扎县捐赠帮扶资金人 民币200万元，用于当地教育、医疗、科技、文化等帮扶项目。根据《深圳证券交易所股票上市规则》 及《公司章程》等相关规定，本事项无须提交董事会及股东会审议。本次对外捐赠事项不构成关联交 易。公司已连续多年向援扶对象捐赠帮扶资金，此次捐赠事项是公司持续积极履行社会责任、回馈社会 的举措，有利于彰显公司服务国家战略的使命担当，有利于提升公司品牌形象和社会影响力。本次对外 捐赠事项不会对公司经营产生重大影响。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 交易信息汇总: 主力资金净流出4889.93 ...

2025507131 国际 湾财 娃哈哈上演遗产争夺战! 電費可收 弟妹起诉 · 上半年41家券商人事变动214频次, 当前,汽车产业变革已踏进深水区,广汽集团已全面 进入"战时状态",全力打好"用户需求战、产品价值 战、服务体验战"这关乎未来的"三大战役",助力再 造新广汽。 -广汽集团董事长、总经理冯兴亚 人事观察 · 白酒行业现人事巨震,高管加速离场 十位董事长变更 第 注 · 107名证券从业人员被监管"点名", 中信证券次数居首 ·执掌友邦人寿"将印", 平安27年女将余宏"赶考"人生下半场 · 随州原文旅局长短视频账号认证取消! 解伟曾因"扮丑"成网红 · 违纪违法,证监会原法律部副主任吴国舫被"双开" · 腐败典型, 证监会原发行监管部副主任李筱强被开除党籍 · 涉嫌严重违纪违法! 中信银行财富管理部副总经理袁东宁被查 l ( ) 200 · 浙商银行董事长到龄辞任,新行长代为履职 · 胡萍履新建信投资副总裁, 【头条】 宗馥莉因遗产被起诉？娃哈哈：家族内部事务与公司业务无关联 7月13日，#娃哈哈#、#娃哈哈 宗庆后#等词条多次登上微博热搜，引发关注与热议。 据据观察者网、环球时报等媒体报道， ...

Group 1: Core Views - The report suggests that the food and beverage industry is expected to see a valuation recovery as market sentiment improves, with a focus on low-priced leading companies in the liquor sector and structural opportunities in the food sector [2][7][10]. Group 2: Liquor Sector - The liquor sector is experiencing a phase of demand decline due to seasonal factors and regulatory impacts, leading to pressure on high-end liquor prices, while mass consumption remains stable [7][13]. - Major companies like Moutai are expected to maintain their performance due to strong brand positioning, while others are entering an adjustment phase, with varying adjustment speeds among companies [7][14]. - Q2 performance forecasts for major liquor companies indicate a range of revenue and profit changes, with Moutai expected to see a 9% increase in both revenue and profit [14][15][16]. Group 3: Food Sector - The food sector shows signs of recovery, with segments like beverages, snacks, and pet food experiencing upward trends, while beer and restaurant supply chains face structural challenges [21][24]. - The beverage industry remains vibrant with new product launches and a clear trend towards reduced sugar options, while competition intensifies [24][30]. - Dairy products are seeing mixed performance, with some segments like low-temperature dairy and cheese growing, while others face challenges [24][33]. Group 4: Investment Recommendations - The report recommends focusing on leading liquor companies with a safety margin for investment, as well as food companies that are expected to exceed mid-year performance expectations [10][28]. - Specific companies highlighted for potential investment include Nongfu Spring, Uni-President China, and Tianwei Foods, among others [10][28].

【导读】北向资金连续加仓A股：增持新兴科技，减持食品饮料等板块 近日，沪深交易所官方数据披露最新北向资金数据，上半年外资持仓情况浮出水面，外资连续两个季度 加仓A股。 外资连续两个季度加仓A股 数据显示，截至今年二季度末，北向资金共持有2907只个股，持股数合计1232亿股，持仓市值合计约为 2.29万亿元。相较于2024年末，北向资金持仓市值增加871亿元；相较于2025年一季度，北向资金持仓 市值增加超500亿元。 "慢牛"新格局 近期，多家券商发布下半年策略报告，对A股下半年行情整体持乐观预期，有券商指出，A股或迎来"慢 牛"新格局。 中金公司表示，下半年，在不确定性因素明显消除前，指数或持续窄幅波动。考虑到国际新秩序重构下 我国基本面具有显著韧性，以及估值占优，预计A股下半年节奏上或将"前稳后升"。 按照申万二级行业分类，北向资金持仓市值超百亿元的行业有53个，持仓市值最高的五大行业分别为电 池、半导体、白酒、股份制银行和白色家电，持仓市值分别为1754亿元、1349亿元、1341亿元、1234亿 元、1036亿元。 与2024年末相比，持仓市值前五大行业排名稍有变化。电池行业仍居榜首，北向资金持仓市 ...

【 导读 】 北向资金连续加仓A股 ： 增持新兴科技，减持食品饮料等板块 见习记者 储是 近日，沪深交易所官方数据披露最新北向资金数据，上半年外资持仓情况浮出水面，外资连 续两个季度加仓A股。 外资连续两个季度加仓A股 数据显示，截至今年二季度末，北向资金共持有2907只个股，持股数合计1232亿股，持仓市 值合计约为2.29万亿元。相较于2024年末，北向资金持仓市值增加871亿元；相较于2025年 一季度，北向资金持仓市值增加超500亿元。 按照申万二级行业分类，北向资金持仓市值超百亿元的行业有53个，持仓市值最高的五大行 业分别为电池、半导体、白酒、股份制银行和白色家电，持仓市值分别为1754亿元、1349亿 元、1341亿元、1234亿元、1036亿元。 与2024年末相比，持仓市值前五大行业排名稍有变化。电池行业仍居榜首，北向资金持仓市 值超10亿元的电池行业公司共计7家；宁德时代、亿纬锂能、先导智能居前三。二季度，北向 资金集中加仓半导体板块，行业排名从第五位升至第二位，白色家电和白酒行业排名有所下 降。 与此同时，北向资金加仓出现结构性调整。一季度加仓标的主要有两大类：科技和消费。二 季度，科技 ...

Company News - Romashi has officially ceased operations and closed multiple flagship stores on various platforms due to ongoing quality issues, with employees reportedly packing their belongings and seeking legal counsel for unpaid benefits [8][9] - The first low-altitude economy asset-backed security (ABS) in China has been listed on the Shenzhen Stock Exchange, with a total issuance scale of 584 million yuan, aimed at supporting the development of the low-altitude economy [11] - Muyuan Foods, known as "Pig King," has reported a staggering net profit increase of 9 times for the first half of 2025, with expected profits between 10.5 billion to 11 billion yuan, driven by increased pig sales and reduced breeding costs [12][13] - Renrenle, once a leading retail chain, has officially delisted from the stock market after entering the delisting period on June 13, 2025, marking the end of its 15-year journey in A-shares [14] - Knight Dairy has been investigated for significant losses in futures trading and failure to disclose these losses in a timely manner, highlighting the struggles of regional dairy companies [15][16] - Seres Group has projected a net profit of 2.7 billion to 3.2 billion yuan for the first half of 2025, representing a year-on-year increase of 66.2% to 97% [16] - GAC Fiat Chrysler has been declared bankrupt due to its inability to repay debts, as confirmed by the management [17] - Honda China reported a 24% year-on-year decline in vehicle sales for the first half of 2025, with total sales of 315,152 units [18] Industry Insights - The real estate market in Chengdu has outperformed Shanghai, with over 176,000 homes sold in the first half of 2025, making it the top city for residential transactions in China [19] - Hong Kong's real estate market has seen a resurgence, with 37,000 transactions in the first half of 2025, the highest in three and a half years [20] - Guangdong has 17 banks listed among the world's top 1,000 banks, reflecting a strong presence in the financial sector [21] - Santander Bank has received approval to establish a branch in Shenzhen, expanding the presence of foreign financial institutions in the region [22][23] - The banking wealth management market has shown resilience, with a total market size of 30.97 trillion yuan as of June 2025, despite declining deposit rates [25]