登录新浪财经APP 搜索【信披】查看更多考评等级 ●经公司自查并向公司控股股东及实际控制人核实，截至本公告披露日，除公司已披露事项外，不存在 应披露而未披露的重大信息。 ●公司因2024年度经审计的扣除非经常性损益前后的净利润孰低者为负值，且扣除与主营业务无关的业 务收入和不具备商业实质的收入后的营业收入低于3亿元，加上公司2024年度内部控制审计被出具了否 定意见，最近一个会计年度财务会计报告的审计报告显示公司持续经营能力存在不确定性，公司股票已 被实施退市风险警示及其他风险警示。2025年半年度，公司预计归属于上市公司股东的净利润为-1380 万元，具体数据以公司正式披露的2025年半年度报告为准。敬请广大投资者注意二级市场交易风险，理 性决策，审慎投资。 一、股票交易异常波动的具体情况 公司股票连续三个交易日（2025年7月29日、7月30日、7月31日）收盘价格涨幅偏离值累计超过12%， 根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动情形。 二、公司关注并核实的相关情况 针对公司股票交易异常波动的情况，公司对有关事项进行了核查，并发函问询了公司控股股东，现将有 关情况说明如下： 1、生 ...

欧洲酒类板块下跌，受制于欧盟表示葡萄酒和烈酒将自8月1日起面临美国15%的关税。保乐力加股价在 巴黎市场下跌2.5%，帝亚吉欧在伦敦市场下跌2.4%。这两只股票周四均位列欧洲斯托克600食品饮料和 烟草指数中表现最差个股之列。 ...

欧盟发言人：有关葡萄酒和烈酒关税豁免的谈判仍在继续。欧盟葡萄酒和烈酒在过渡期内将面临15%的 美国关税。 ...

日前，北京市司法局收到了一封来自法国驻华大使馆公使衔参赞江天的感谢信，信中说"在接到法国葡萄酒和烈酒 生产商代表律师的投诉后，贵方的迅速行动使得涉及侵权的产品得到了处置。" 这封感谢信，是北京市公证行业优化营商环境、提供涉外法治服务的一个缩影。 近日，司法部组织媒体采访团来到北京市开展"'一带一路' 法治同行"暨优化法治化营商环境主题采访，实地了解 北京市在法治护航共建"一带一路"方面的经验成效。 南都N视频记者了解到，近三年，北京市公证行业共办理涉外公证事项69.2万件，出具涉外公证文书发往180多个 国家和地区，业务范围辐射"一带一路"沿线90%以上的国家。 公证为出海企业"正名" 涉外公证被称为国际民商事交往的"通行证"，也是国际民商事交往的"助推器"。 北京市长安公证处副主任蒋笃恒表示，公证具有法定的证据效力和强制执行效力，能够为各类民商事活动主体、 企业、个人出入境办理商务签证、工作签证等相关证明。对于大多数国家来说，这些出入境必须的派遣函、授权 委托书、身份、学历、职称、工作经历等公证，是国际通行的惯例，也是我国企业和个人"走出去"必不可少的环 节。 北京市长安公证处。 保护法国参展商知识产权，法 ...

Core Insights - The white liquor industry is undergoing a deep adjustment period characterized by "stock competition + structural upgrade" [2] - Black Consulting Group's chairman Xu Wei presented nine key insights regarding the current trends in the liquor industry [2] Group 1: Nine Key Insights - Insight 1: The decline of "official liquor" and the rise of "popular liquor," indicating a shift towards market-oriented operations focusing on mass demand [4] - Insight 3: National brands are losing profits while local brands are filling the profit gap through regional deep cultivation and differentiated pricing [6] - Insight 4: The three main aroma types of liquor (strong, light, and sauce) are entering a balanced development phase, although overall consumption is declining [6] - Insight 5: The industry will experience a "five waves coexistence" phenomenon, including waves of layoffs, store closures, and market corrections [6] - Insight 6: The health liquor market may see localized growth, but there are risks associated with blindly following high-end trends [6] - Insight 7: The drinking scene is shifting towards private and customized settings, requiring companies to build private traffic pools [6] - Insight 8: The promotion of low-alcohol products is linked to price adjustments, with potential growth in the low-price market [6] - Insight 9: Differentiation in aroma popularity, with the sauce liquor market showing "no upper limit" in pricing, while light aroma products are trending towards "no lower limit" [6] Group 2: Six Challenges and Opportunities - The industry faces six major challenges, including consumption energy constraints, deteriorating competition, strained manufacturer relationships, channel transformation, inventory issues, and economic constraints [10] - There are six major opportunities, such as the nationalization of light aroma products, opportunities in bottle liquor, regional advantages, growth in mass-packaged liquor, concentration of brand advantages, and a consumer trend towards quality [10] - A case study from the high-gou liquor brand in Nanjing illustrates successful strategies for increasing brand visibility and market presence [10] Group 3: Additional Insights and Discussions - The annual meeting featured discussions on breaking through the bottle liquor era, innovative business models, and the integration of blockchain technology in the liquor industry [12] - Roundtable forums were held to explore topics like instant retail in the liquor industry and innovation driven by major distributors [13]

Core Viewpoint - Tonghua Grape Wine Co., Ltd. has been placed under "other risk warning" due to violations of the Shanghai Stock Exchange listing rules, necessitating monthly disclosures of related progress and risks [1][2]. Group 1: Risk Warning Implementation - The company triggered the "other risk warning" due to specific conditions outlined in the Shanghai Stock Exchange listing rules, leading to the implementation of this warning [1]. - The company will disclose updates on the risk warning monthly, as per the revised listing rules [1]. Group 2: Legal and Financial Issues - The company has faced legal challenges, including an arbitration case involving a former actual controller, with a claim amounting to 306.3 million yuan [2][3]. - The arbitration tribunal ruled that the company's guarantee to Dalian Dinghua was invalid, but the company must bear a compensation responsibility within a certain range [3]. - The company has made provisions for expected liabilities related to the arbitration and has initiated legal action against the former actual controller for damages [3]. Group 3: Operational Status - As of the announcement date, the company's production and operations are reported to be normal, and it will continue to provide timely updates on the situation [3].

Group 1 - The core viewpoint of the report is that Chinese consumers are increasingly discerning in defining what is "worth buying," balancing rationality and self-indulgence, with emotional resonance becoming more important than mere functionality [1][4][15] - In 2024, China's consumer spending is projected to reach 48.7 trillion yuan, with a forecasted growth rate of 3.6% in 2025, bringing total spending to 50.5 trillion yuan, where nearly 60% of expenditures will focus on essential living needs [1][20][27] - Long-term growth in consumer spending is expected to be driven by service-oriented and quality-focused consumption, with a compound annual growth rate (CAGR) of 3.4% from 2024 to 2029, reaching 57.7 trillion yuan by 2029 [1][21][32] Group 2 - Different consumer categories are showing varied development trends, with essential goods like household food and dining services remaining resilient, while non-alcoholic beverages and health products are experiencing growth [2][11][21] - The report highlights a shift towards experience-driven consumption, with consumers increasingly valuing health, self-indulgence, and emotional connections with brands, indicating a need for brands to innovate based on real demands [1][21][24] - The report emphasizes that while consumers still appreciate the professionalism and innovation of "successful" brands, there is a growing preference for brands that exhibit warmth and empathy, reflecting a desire for trust and companionship in a challenging environment [1][24][15]

Group 1 - The company *ST Yedao (SH 600238) announced on July 30 that its 47th meeting of the 8th board of directors was held, discussing the proposal to provide mortgage guarantees for bank loans to its subsidiaries [2] - For the year 2024, the company's revenue composition is as follows: liquor revenue accounts for 72.69%, specialty food and beverage accounts for 25.69%, and other businesses account for 1.62% [2]

Core Viewpoint - The management structure of the Moutai wine collection hall has changed, with the Moutai Collectors Association ceasing operations and a new association being established to oversee the collection halls [1][5]. Group 1: Management Changes - The Moutai Collectors Association, previously responsible for the approval and management of Moutai collection halls, has stopped operations, and the existing 56 collection halls will receive refunds of 800,000 yuan in deposits [1][2]. - A new Moutai Old Wine Association has been formed, with a focus on regulating the old wine market and establishing a new operational model [1][3]. - The new association's management structure is still being finalized, and it is not yet clear if Moutai will directly manage the collection halls [1][3]. Group 2: Historical Context and Development - The concept of the Moutai collection hall was introduced by former chairman Ding Xiongjun in 2022, aiming to create a comprehensive platform for old wine trading and appreciation [2][4]. - The Moutai Collectors Association was established in 2022, and by March 2024, it had authorized 56 collection halls across four batches [2][3]. Group 3: Market Dynamics - The Moutai old wine market is significant, with a market size of approximately 850 billion yuan and an annual transaction volume of about 110 billion yuan, accounting for over 85% of the entire old wine market [5]. - In 2023, the 45 authorized Moutai collection halls achieved a transaction volume of 7.05 billion yuan, representing 7% of China's annual old wine transaction volume [5]. - The price of Moutai products has been declining, with the market price of Flying Moutai dropping nearly 20% year-on-year to 1,900 yuan per bottle as of July 29, 2023 [6].

簇新的人工草坪、鲜红的跑道，身着少数民族服装的拉拉队员们载歌载舞，球员们在绿荫场上忘情奔 跑，现场观众齐声欢呼……这是"村超"回来了。经历6月底两次特大洪水的榕江县，用奇迹般的速度向 全国乃至世界展示着贵州人民在逆境中奋勇前行的风采与力量。 随着"村超"重启，由贵州国台数智酒业集团（以下简称国台酒）总冠名的2025年"村超·世界足球明星贵 州行"大型赛事活动也于7月26日同步启动，罗伯特·巴乔、罗伯特·卡洛斯等世界足球明星，空降多彩贵 州，与热情的球迷共同开启这场跨越国界、热情洋溢的足球文化盛宴。于此同时，国台酒"活得通透足 够精彩"的品牌主张，也在这片充满生命力的土地上找到了鲜活的共鸣场域。 以酒为媒，共酿生活热望 以"通透"之名，共赴人生远征 当"村超"归来，传递出的是在灾难面前不悲观、不绝望的"通透心态"，是守望相助、共建家园的众志成 城，是追求梦想、拥抱未来的生活信念。 当巴乔和卡洛斯手握象征"民族团结之火、村超激情之火、贵州足球希望之火"的火炬被点燃、传递，关 于"活出通透"的新故事正在继续。 "村超"之火在于其足够纯粹、足够激情。从2023年20支参赛队，到2024年的62支，再到2025年的10 ...