记者了解到，今年2月份，由金沙酒业旗下"摘要酒"独家冠名的总裁读书会"美好生活，书香中国"城市 行活动再启新程，首站于海南海口举办。 范世凯表示，以"美好生活，书香中国"城市行为战略支点，我们正将这种价值共振推向更深维度。通过 思想磁场与产业土壤的交互赋能，让经典理论与实战智慧在标杆企业中生根；通过摘要书友会、书香进 企业，让知识共享与经营升级产生化学反应，让全民阅读的星火点亮更多企业。 "中国人的精神世界里，好书与美酒从来都是相映成辉的知己。"范世凯提到，"摘要酒"正是金沙酒业对 书酒文化的当代诠释。金沙酒业将以上游战略为指引，在书酒共生的长河中守护文化的根脉，让传统工 艺与现代精神相拥，让地理基因与人文情怀共振，让每一滴酒都成为传递东方智慧的媒介。 （文章来源：证券日报） 本报讯 （记者张敏见习记者梁傲男）4月22日至4月23日，总裁读书会2025第九届中国企业领袖读享盛 典在北京举办。本届中国企业领袖读享盛典着重关注企业家领读示范作用，旨在深入推进全民阅读，大 力推动书香企业建设。 华润啤酒（控股）有限公司副总裁、贵州金沙窖酒酒业有限公司（以下简称"金沙酒业"）董事长范世凯 致辞时表示，总裁读书会作为现 ...

| 日期 | 当日涨跌幅（%） | 换手率（%） | 主力资金净流入（万元） | | --- | --- | --- | --- | | 2025.04.22 | 4.85 | 0.31 | 193.61 | | 2025.04.21 | 5.10 | 0.52 | 112.12 | | 2025.04.18 | -0.78 | 0.44 | -42.91 | | 2025.04.17 | 0.39 | 0.66 | 30.59 | | 2025.04.16 | -1.54 | 0.59 | -128.23 | | 2025.04.15 | 1.17 | 0.60 | 92.88 | | 2025.04.14 | 2.39 | 0.77 | -49.05 | | 2025.04.11 | 0.40 | 0.42 | 6.62 | | 2025.04.10 | 2.46 | 0.77 | -15.82 | | 2025.04.09 | 0.83 | 1.30 | -299.26 | （文章来源：证券时报网） 2024年10月26日公司发布的三季报数据显示，前三季度公司共实现营业总收入5.86亿元，同比增长 0. ...

Investment Rating - The report does not explicitly provide an investment rating for the health taxes landscape in India. Core Insights - The consumption of tobacco, alcohol, and sugar-sweetened beverages (SSBs) in India leads to significant public health challenges, with 1.6 million deaths and 49.3 million disability-adjusted life years lost annually. These products are major risk factors for noncommunicable diseases, responsible for 64.9 percent of all deaths in India as of 2019 [13] - Health taxes have been effective globally in reducing consumption and generating revenue while addressing market failures from negative externalities and internalities. India's current indirect tax system poses challenges due to its complexity and inconsistencies [13] - Reforming health taxes requires addressing inconsistencies, improving tax compliance, and introducing new tax structures based on the relative harm of each product [13] Summary by Sections Introduction - The report highlights the significant health and economic burdens associated with the consumption of demerit products in India, emphasizing the need for effective health taxes to mitigate these issues [22][27] Why Health Taxes Matter - Health taxes are justified due to significant market failures associated with demerit products, which lead to detrimental consumption patterns and economic burdens on society [28] - Taxation can correct negative externalities and internalities, enhancing welfare by reducing consumption to socially efficient levels [29][30] Consumption of Unhealthy Products in India - India is the second-largest consumer of tobacco globally, with approximately 267 million tobacco users, accounting for about 19 percent of the world's adult tobacco users [45] - The prevalence of alcohol consumption among adults in India was estimated at 17.1 percent in 2019, with significant gender differences [59] Economic Burden Associated with Unhealthy Products - The economic burden from tobacco-related costs is estimated at US$36.2 billion annually, while alcohol-related costs are around US$31.4 billion [13] Health Taxes in India - The current indirect tax system in India includes a national-level Goods and Services Tax (GST) on tobacco and SSBs, as well as state-level excise duties and VAT on alcohol, which presents challenges due to complexity and inconsistencies [13] - The report suggests increasing specific excise taxes, simplifying the tax structure, and conducting detailed state-level analyses of alcohol taxation [13] Challenges and Opportunities - The report identifies challenges in reforming health taxes in India, including knowledge gaps and the need for policy engagement priorities [6][27]

4月19日，2025年（第90届）山东省糖酒商品交易会开幕式在淄博会展中心举行。 开幕式后，山东省糖酒副食品商业协会会长薛剑锐、华夏酒报社社长吴贤国莅临云门酱酒展厅指导工作，云门酒业股份公司副总经理唐树林、高东生陪 同。 云门酒业股份有限公司副总经理葛卫忠应邀出席，并围绕云门在省内市场营销实践中如何发挥地域优势展开深度分享。他表示，云门酱酒以打造"个性云 门"为出发点，从产品、文化、工艺、宣传等多个方面，深度挖掘地域特色，结合区域性、全国性热点事件，多维度强化云门品牌的个性和优势。 4月18日下午，"发挥地域优势 加强渠道竞争 坚持鲁酒特色"主题论坛在淄博齐盛国际宾馆盛大举办，众多行业大咖与企业代表齐聚一堂，共话鲁酒发展。 云门陈酿 10 云门酒业作为鲁酒代表企业，本届糖酒会期间再度开启与消费者的零距离对话。 展厅以喜庆中国红设计风格为主，巧妙融入酿造工艺、酿造历史、地理环境以及云门发展历程和荣誉，打造集文化、历史、工艺、产品、体验于一体的综 合性体验展厅。 创新融合的体验式设计，吸引了众多消费者进入展厅打卡拍照，纷纷被云门的文化、产品、工艺所吸引，不少消费者、客商与现场工作人员深入交流并品 鉴。 作为鲁酒高 ...

4月21日晚间，岩石股份（600696）(600696，又称上海贵酒)发布的2024年年报显示，公司当年实现营 业收入约为2.85亿元，净利润约为-2.17亿元。 由此，岩石股份将被实施退市风险警示，将"披星戴帽"。岩石股份表示，公司股票4月22日停牌一天， 并于4月23日起实施退市风险警示，其股票简称由"岩石股份"变更为"*ST岩石"。 审计机构中兴财光华会计师事务所(特殊普通合伙)对上海贵酒2024年度财务报表进行审计，并出具了保 留意见审计报告。值得注意的是，这已是岩石股份连续第三年被审计机构出具"保留意见"。去年营收同 比下滑超8成经销商减少超3693家 财报显示，岩石股份2024年营业收入为2.85亿元，同比下降82.54%；净利润为亏损2.17亿元，而2023年 净利润为8707万元；经营活动产生的现金流量净额-7546.18万元。 公司在年报中称，2024年，受多方面因素影响，公司资金承压，市场投放减少。叠加公司实际控制人被 公安机关采取强制措施和控股股东及其一致行动人所持公司股票被司法冻结等一系列事件影响，经销商 对于补货、备货持更加审慎观望态度，导致公司营业收入与上年同期相比大幅减少，且经营 ...

金十数据4月21日讯，近日，泸州老窖集团商业投资有限公司成立，法定代表人为朱勇，注册资本1亿人 民币，经营范围含房地产开发经营、建设工程施工、酒类经营、以自有资金从事投资活动、园区管理服 务、非居住房地产租赁、住房租赁等。股东信息显示，该公司由泸州老窖集团有限责任公司全资持股。 泸州老窖集团成立商业投资公司，注册资本1亿元 ...

The provided content does not contain any quantitative models or factors related to the requested financial engineering analysis. The documents primarily discuss the holdings, sector allocations, and net inflows/outflows of the "陆股通" (Northbound Stock Connect) for Q1 2025, along with some general market observations. There are no mentions of quantitative models, factor construction, or backtesting results in the provided text.

会稽山绍兴酒股份有限公司（以下简称公司）董事会近日收到公司副总经理、董事会秘书金雪泉先生递 交的辞去公司第六届董事会秘书职务的报告，金雪泉先生因工作调整原因向董事会申请不再担任公司董 事会秘书职务。根据《公司法》《公司章程》等相关规定，金雪泉先生辞去公司董事会秘书职务的申请 自送达公司董事会之日起生效。公司董事会对金雪泉先生在担任董事会秘书期间所做的工作表示感谢。 证券代码：601579 证券简称：会稽山 编号：2025-015 会稽山绍兴酒股份有限公司 关于公司董事会秘书辞去职务暨聘任董事会秘书的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 一、关于公司董事会秘书辞去职务情况 会稽山绍兴酒股份有限公司董事会 二○二五年四月十一日 傅哲宇，男，1990年12月出生，汉族，籍贯绍兴，毕业于伦敦国王学院，学士学位。历任普华永道中天 会计师事务所（特殊普通合伙）审计部审计员、新时代证券股份有限公司投行部经理、华金证券股份有 限公司投行部高级经理、中原证券股份有限公司投行部高级经理、上海宝鼎投资管理有限公司基金部高 级经 ...

Group 1 - The company reported a revenue of 1.631 billion yuan for 2024, an increase of 15.60% year-on-year [1] - The net profit attributable to the parent company was 196 million yuan, up 17.74% year-on-year, with a 14.83% increase in net profit after excluding non-recurring gains and losses [1] - The main source of revenue comes from the sale of yellow wine, accounting for 92.15% of total revenue, with domestic sales making up 99.33% and international sales only 0.67% [1] Group 2 - The increase in performance is attributed to rising sales revenue and improved gross margins [2] - The company operates under a dual-brand strategy with continuous online and offline marketing efforts, including adjustments in product structure and packaging [2] - Future plans include enhancing online sales capabilities, expanding the e-commerce team, and seeking breakthroughs in high-end and youth-oriented markets [2] Group 3 - Revenue from mid-to-high-end yellow wine reached 1.06 billion yuan, with a gross margin of 61.57%, reflecting a year-on-year growth of 31.29% [1] - Revenue from ordinary yellow wine and other alcoholic beverages was 518 million yuan, with a gross margin of 34.62%, showing a year-on-year decline of 7.94% [1] - The company acknowledges market risks due to the concentration of yellow wine consumption in mid-range and ordinary products, leading to low-price competition [2]

Core Viewpoint - The company Kuaijishan reported a revenue growth of 15.6% to 1.631 billion yuan and a net profit increase of 17.74% to 196 million yuan for the year 2024 [1] Revenue Breakdown - Revenue from mid-to-high-end liquor increased by 31.29% to 1.065 billion yuan, while revenue from ordinary yellow wine and other liquors declined by 7.94% to 518 million yuan [1][2] - The overall revenue from the liquor segment was approximately 1.582 billion yuan, with a gross margin of 52.75%, reflecting a year-on-year increase of 15.22% [2] Cost and Profitability - The cost of sales for mid-to-high-end liquor was approximately 409 million yuan, resulting in a gross margin of 61.57%, which is an increase of 6.80% year-on-year [2] - The cost of sales for ordinary yellow wine was around 339 million yuan, with a gross margin of 34.62%, showing a slight decrease of 1.39% year-on-year [2] Regional Performance - Domestic revenue was approximately 1.572 billion yuan with a gross margin of 52.87%, while international revenue was about 10.57 million yuan, achieving a gross margin of 34.66% [2] Sales Model Analysis - Revenue from wholesale and agency sales was around 1.270 billion yuan, with a gross margin of 52.41%, while direct sales (including group purchases) generated approximately 302 million yuan with a gross margin of 54.82% [2] Strategic Initiatives - The company is focusing on core markets and implementing strategies such as product structure adjustments, packaging optimization, and enhanced price control to boost market share [4] - The company is expanding its e-commerce presence through collaborations with platforms like Xiaohongshu, Douyin, Tmall, and JD, aiming to increase online sales and customer engagement [4] - The company is targeting high-end business consumers by establishing Lanting tasting halls and hosting exclusive cultural events to enhance the market share of its high-end Lanting series products [5]