（原标题：港股异动 | 珍酒李渡(06979)再涨超6% 促消费政策释放积极信号 公司发力大珍、牛市啤酒等 新品） 智通财经APP获悉，珍酒李渡(06979)再涨超6%，本月股价已累涨超五成。截至发稿，涨6.56%，报10.4 港元，成交额1.84亿港元。 消息面上，今年以来，多轮促消费政策持续释放积极信号。8月18日，国常会强调"抓住关键着力点做强 国内大循环，持续激发消费潜力"，同步三部门印发个人消费贷款财政贴息政策方案。此外，国务院第 九次全体会议上指出，要持续激发消费潜力，系统清理消费领域限制性措施。中信证券认为，白酒行业 正在快速筑底，龙头企业或把握当前时间段快速调整渠道结构，提升市场开拓能力。如若消费逐步转 暖，本轮对渠道做了积极调整升级的龙头酒企有望享受更多发展机会。 今年6月，珍酒李渡推出战略级大单品"大珍·珍酒"，电商平台到手价888元/瓶。这款产品定位高端，旨 在填补"珍十五"和"珍三十"之间的价格空白。此外，8月，公司正式推出旗下首款名为"牛市News"的高 端精酿啤酒产品。零售定价88元/瓶，宣告珍酒李渡正式进军啤酒领域。国泰海通证券认为，公司发力 大珍、牛市啤酒等新品，有望贡献增量、 ...

王朝酒业预期2025年上半年综合盈利约为740万至930万港元，同比下降50%至60%。盈利下降主要由于 宏观经济和消费市场波动导致销售收入适度下跌，以及增加了市场营销和推广费用。公司表示已密切关 注市场状况，调整业务策略，加强成本控制以降低负面影响。 ...

Core Viewpoint - The report indicates a decline in revenue and net profit for Tianyoude Liquor in the first half of 2025, despite an increase in cash flow from operating activities [1] Financial Performance - The company achieved operating revenue of 674 million yuan, a year-on-year decrease of 11.24% [1] - The net profit attributable to shareholders was 51 million yuan, down 35.37% year-on-year [1] - The net cash flow from operating activities was 54 million yuan, showing a significant increase of 136.47% year-on-year [1] Segment Performance - The revenue from the company's flagship product, Qingke liquor, was 570 million yuan, reflecting a decline of 10.79% [1] - Other Qingke liquor and grape wine generated revenues of 776,800 yuan and 464,320 yuan, respectively, with declines of 71.77% and 6.89% year-on-year [1]

天佑德酒（SZ 002646，收盘价：10.26元）8月19日晚间发布半年度业绩报告称，2025年上半年营业收 入约6.74亿元，同比减少11.24%；归属于上市公司股东的净利润约5146万元，同比减少35.37%；基本每 股收益0.108元，同比减少34.9%。 （文章来源：每日经济新闻） ...

格隆汇8月19日丨王朝酒业(00828.HK)公布，集团预期截至2025年6月30日止六个月录得未经审核的综合 盈利范围约7,400,000港元至9,300,000港元，与2024年同期约18,500,000港元的未经审核的归属于公司持 有者的综合盈利相比减少约50%至60%。 董事会认为，盈利下降主要归因于集团截至2025年6月30日止期间：一）受中国宏观经济及消费市场波 动的影响，销售收入适度下跌致经营溢利减少；及二）增加市场营销和推广费用。集团已密切关注市场 状况，调整其业务策略，以降低对运营的负面影响。集团亦已加强控制成本，并及时采取适当措施。 ...

格隆汇8月19日丨天佑德酒(002646.SZ)公布2025年半年度报告，上半年公司实现营业收入6.74亿元，同 比下降11.24%；归属于上市公司股东的净利润5146.02万元，同比下降35.37%；归属于上市公司股东的 扣除非经常性损益的净利润4896.59万元，同比下降35.99%；基本每股收益0.1080元。 ...

华致酒行（SZ 300755，收盘价：18.79元）8月19日晚间发布公告称，截至本公告披露日，公司对子公 司的担保余额约为4.17亿元，占公司最近一期经审计净资产的比例为13.21%；相关担保均为公司对全 资、控股子公司提供担保。本次担保额度审议通过后，公司累计担保额度为人民币约20.23亿元，占最 近一期经审计净资产的64.08%，占公司最近一期经审计总资产的28.44%。 （文章来源：每日经济新闻） 2024年1至12月份，华致酒行的营业收入构成为：酒类行业占比98.71%，其他业务占比1.29%。 ...

公司2025年一季度营业收入约11.68亿元，同比增长3.36%；归母净利润约为1.52亿元，同比增长11.91%。 不过值得关注的是，公司营收与净利润虽实现同步增长，但净利润同比增幅较2024年第二、三季度明显收窄。 运营商财经网 实习生许小婧/文 近日，老白干酒公布2025年第一季度财务报告，业绩实现上涨，涨幅相较上年放缓。 值得一提的是，公司副董事长王占刚2024年薪酬为60万元。在已披露薪酬的高管中，王占刚的薪酬与董事长刘彦龙及总经理赵旭东持平。 天眼查显示，王占刚于1972年8月生，北京大学工商管理硕士。1995年参加工作,2000年3月至2022年4月，曾任公司销售公司总经理、公司副总经理及董事等职位。现任河北衡水老白干酒业股 2025年5月，王占刚率团赴石家庄进行专项市场调研。会议上，王占刚强调了石家庄作为公司核心战略市场的重要性。 同年6月，王占刚率队到访新星集团。双方重点围绕商贸流通、现代物流及酒类营销等共同关切领域展开了深度交流。 | 成长能力指标 | 25-03-31 | 24-12-31 | 24-09-30 | 24-06-30 | 24-03-31 | | --- | --- | ...

Group 1 - The Shanghai Composite Index has recently broken through significant resistance levels of 3674 and 3700, with trading volume exceeding 2 trillion yuan [1] - The traditional consumer sector has begun a rebound, with the Food and Beverage ETF (515170) rising over 1% in early trading, led by strong performance from stocks like Guizhou Moutai [1] - Guizhou Moutai's H1 2025 results showed revenue and net profit attributable to shareholders of 39.65 billion yuan and 18.56 billion yuan, reflecting increases of 7.3% and 5.3% respectively, indicating a solid foundation for achieving annual targets [1] Group 2 - The liquor industry is currently undergoing a destocking cycle, facing multiple pressures from pricing, demand, and policy, prompting companies to take proactive measures in channels, organization, and sales [1] - Moutai's pricing has stabilized, and Q2 performance expectations have been largely priced in, suggesting that the sector's cost-effectiveness continues to be attractive for investors [1] - The Food and Beverage ETF tracks the CSI sub-index for the food and beverage industry, focusing on high-barrier sectors like liquor and beverages, providing a convenient investment tool for smaller investors [2]

Core Viewpoint - The liquor sector is experiencing a significant upward movement, with various companies showing strong performance, indicating a stabilization and potential growth in the market [1] Group 1: Market Performance - On the 19th, liquor stocks surged, with notable increases: Jiu Gui Jiu reached the daily limit, She De Jiu Ye rose nearly 7%, Huang Tai Jiu Ye increased about 6%, and Shui Jing Fang and Yang He Guo Fen both rose nearly 5% [1] - The liquor sector is viewed as a high-quality cyclical asset, benefiting from overall market sentiment and showing greater gains among expansion-oriented mid-to-high-end liquor companies [1] Group 2: Institutional Insights - Guo Xin Securities highlights that external positive factors are gradually increasing, with expectations for continued valuation growth in the sector [1] - The upcoming important meetings and policy expectations are likely to further boost the sector's valuation [1] Group 3: Fundamental Analysis - The mid-year report from Moutai indicates that industry demand pressures are gradually affecting leading companies, with upcoming reports from listed companies expected to reveal these challenges [1] - Short-term strategies for liquor companies will focus on inventory reduction and sales promotion, while long-term strategies will emphasize consumer engagement, consumption scenario cultivation, and internationalization and youth-oriented initiatives [1]