天眼查App显示，近日，成都市温江区德伦堡啤酒店（个体工商户）成立，法定代表人为笪君，注册资 本5万人民币，经营范围为许可项目：酒类经营；食品销售。（依法须经批准的项目，经相关部门批准 后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）一般项目：食品销售（仅销 售预包装食品）；食品互联网销售（仅销售预包装食品）；外卖递送服务。（除依法须经批准的项目 外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - A new individual business named "Jiu Kuai Jiu" has been established in Chengdu High-tech Zone, focusing on the sale of alcoholic beverages and related services [1] Company Summary - The legal representative of the newly established business is Wang Wenbin [1] - The registered capital of the business is 100,000 RMB [1] - The business scope includes licensed projects such as food sales, alcoholic beverage operations, tobacco retail, and catering services that do not produce smoke, odor, or waste gas [1] Industry Summary - The business also engages in general projects including tea set sales, daily necessities sales, agricultural and sideline product sales, fresh vegetable retail and wholesale, internet sales (excluding items requiring permits), and delivery services [1] - The business is required to obtain relevant approvals from authorities before commencing operations for certain licensed projects [1]

Core Viewpoint - A new individual business named Zhao's Liquor Store has been established in Longma Tan District, Luzhou City, with a registered capital of 10,000 RMB [1] Company Summary - The legal representative of Zhao's Liquor Store is Zhao Lianguo [1] - The business scope includes licensed projects such as liquor sales, food sales, retail of tobacco products, and pesticide retail [1] - General projects include retail of hardware products, fertilizer sales, and operation of agricultural crop seeds (limited to unaltered packaged seeds) [1] Industry Summary - The establishment of Zhao's Liquor Store reflects ongoing activity in the liquor and food sales sectors within the region [1] - The business is subject to regulatory approvals for certain activities, indicating a structured approach to industry compliance [1]

2025年6月6日，华致酒行股价创下年内最高点22.58元。 某券商5月28日发布研报《华致酒行(300755)：Q1主动调整业绩短期承压 25年利润修复弹性可期》 称，维持华致酒行"买入"评级。 中国经济网北京9月12日讯 华致酒行(300755.SZ)今日收报17.74元，下跌2.37%，总市值73.94亿元。 （责任编辑：蔡情） ...

天眼查App显示，近日，衡阳市高新技术产业开发区华志酒行（个体工商户）成立，法定代表人为刘 志，注册资本1万人民币，经营范围为许可项目：酒类经营。（依法须经批准的项目，经相关部门批准 后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）一般项目：食品销售（仅销 售预包装食品）；食品互联网销售（仅销售预包装食品）；日用杂品销售；礼品花卉销售。（除依法须 经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，睢宁县润茗酒庄（个体工商户）成立，法定代表人为朱雪平，注册资本3万人 民币，经营范围为许可项目：酒类经营（依法须经批准的项目，经相关部门批准后方可开展经营活动， 具体经营项目以审批结果为准）一般项目：食品销售（仅销售预包装食品）；食品互联网销售（仅销售 预包装食品）；保健食品（预包装）销售（除依法须经批准的项目外，凭营业执照依法自主开展经营活 动）。 ...

天眼查App显示，近日，临西县英民酒类店（个体工商户）成立，法定代表人为王伟，注册资本3万人 民币，经营范围为许可项目：酒类经营（依法须经批准的项目，经相关部门批准后方可开展经营活动， 具体经营项目以相关部门批准文件或许可证件为准） 一般项目：食品销售（仅销售预包装食品）；互 联网销售（除销售需要许可的商品）；个人互联网直播服务（除依法须经批准的项目外，凭营业执照依 法自主开展经营活动）。 ...

Group 1 - Yibin City Xuzhou District Yufan Liquor Business Unit has been established as an individual business entity with a registered capital of 90,000 RMB [1] - The legal representative of the business is Luo Haoceng [1] - The business scope includes general projects such as sales of tea sets, bamboo products, fire-fighting equipment, building materials, and electronic products [1] Group 2 - The business is authorized to operate in specific licensed areas including liquor sales, online food sales, retail of tobacco products, and food sales [1] - Operations in licensed areas require approval from relevant authorities before commencement [1]

Group 1 - A new individual business named "Gu Ruo Rong Zhi Yao Winery" has been established in Chao Yang District, Shantou City, with a registered capital of 10,000 RMB [1] - The legal representative of the winery is Zhang Yixia, and its business scope includes general projects such as food sales (only pre-packaged food), agricultural and sideline product sales, and internet sales (excluding goods that require permits) [1] - The winery is also authorized to engage in licensed projects including liquor sales, tobacco retail, and food sales, which require approval from relevant authorities before operation [1]

Core Viewpoint - The company reported a significant decline in revenue and net profit for the first half of 2025, reflecting ongoing industry adjustments and increased inventory pressure, while also taking steps to improve operational quality and cash flow recovery [1][2]. Financial Performance - In H1 2025, the company achieved revenue of 3.949 billion yuan, a year-on-year decrease of 33.6% - The net profit attributable to shareholders was 56.21 million yuan, down 63.8% year-on-year - The net profit after deducting non-recurring items was 32.98 million yuan, a decline of 76.0% year-on-year - In Q2 2025, revenue was 1.098 billion yuan, a decrease of 39.4% year-on-year, with a net profit of -29.19 million yuan and a net profit after non-recurring items of -42.04 million yuan [1]. Industry Context - The industry is experiencing weak demand, leading to increased inventory pressure and a decline in prices, particularly for premium liquor, which has resulted in significant asset impairment for the company [1]. - The company reported an asset impairment provision of 55.77 million yuan in H1 2025, a substantial increase from 3.95 million yuan in H1 2024 and 13.33 million yuan in Q1 2025 [1]. Cost Management - The company’s comprehensive gross margin for H1 2025 was 9.7%, a decrease of 0.78 percentage points year-on-year, with Q2 gross margin at 7.9%, down 2.57 percentage points quarter-on-quarter [2]. - The company successfully reduced its expense ratios, with sales, management, and financial expense rates at 4.79%, 1.66%, and 0.50% respectively, leading to a total expense ratio of 6.95%, down 0.18 percentage points year-on-year [2]. Strategic Initiatives - The company is actively adjusting its store layout strategy and developing lightweight new products to enhance brand appeal, focusing on high-end dining and entertainment environments [3]. - The establishment of three main store formats—"Huazhi Wine House," "Huazhi Famous Wine Warehouse," and "Huazhi Preferred"—aims to capture the growing demand for instant consumption [3]. - A strategic partnership with Treasury Wine Estates has been established to exclusively distribute the Penfolds Koonunga Hill series, contributing to sales of 247 million yuan in H1 2025, an increase of 11.0% year-on-year [3]. Future Outlook - The company forecasts revenues of 8.034 billion yuan and 8.471 billion yuan for 2025 and 2026, representing year-on-year changes of -15.1% and +5.4% respectively - Expected net profits for 2025 and 2026 are projected at 72 million yuan and 125 million yuan, with year-on-year growth rates of +62.1% and +73.1% respectively [4].