证券日报网讯 12月29日，水井坊（600779）在互动平台回答投资者提问时表示，公司货币资金较年初 下降，主要系经营回款节奏变化及按既定安排支付前期年度股利等因素综合影响所致。目前公司资金安 排总体可控。 ...

Group 1 - The stock of Shuijingfang (600779) fell over 3% during trading on the 26th, following a strong surge that led to a limit-up on the previous afternoon [2] - The company issued a clarification on the evening of the 25th regarding media reports suggesting that "a certain liquor company intends to acquire Shuijingfang," stating that these reports are untrue [2][3] - The company urged investors to make rational investment decisions and to be aware of risks [3]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 12月25日晚间消息，据水井坊公告，今日，公司关注到有媒体报道称 "某酒企拟收购水井坊"，为避免 相关市场传闻对社会各界和投资者造成误导， 现予以澄清说明。经公司核查，上述报道不属实。 责任编辑：刘万里 SF014 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 二、 澄清声明 经公司核查,上述报道不属实。 请广大投资者理性投资,注意风险。 特此公告 12月25日晚间消息，据水井坊公告，今日，公司关注到有媒体报道称 "某酒企拟收购水井坊"，为避免 相关市场传闻对社会各界和投资者造成误导， 现予以澄清说明。经公司核查，上述报道不属实。 证券代码:600779 证券简称:水井坊 公告编号:2025-038 四川水井坊股份有限公司 关于市场传闻的澄清公告 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法律责任。 一、市场传闻概述 今日,四川水井坊股份有限公司(以下简称"公司")关注到有媒体报道称 "某酒企拟收购水井坊",为避免相关市场传闻对社会 ...

Core Viewpoint - The appointment of Hong Zonghua as Vice President of Corporate Affairs for PepsiCo Asia Pacific marks a significant leadership change, reflecting the company's strategic adjustments and recovery in performance in the region [2][5]. Group 1: Leadership Changes - Hong Zonghua, previously the Chief Public Relations Officer at Shui Jing Fang, has officially taken on the role of Vice President of Corporate Affairs at PepsiCo Asia Pacific, indicating a notable elevation in his career [2]. - His background in public relations and government relations within foreign consumer enterprises was a key factor in his selection for this role [2]. - The transition comes after a series of management restructuring and executive changes at PepsiCo, aimed at enhancing growth and operational efficiency [5][6]. Group 2: Performance and Strategy - During Hong's tenure at Shui Jing Fang, the company experienced continuous revenue growth, with 2024 projected revenue surpassing 5 billion [3]. - Shui Jing Fang focused on brand scarcity and niche marketing strategies, emphasizing its unique heritage and high-end customer engagement [4]. - PepsiCo's restructuring included the establishment of distinct divisions for international beverages and Asia Pacific foods, with a focus on improving performance in a competitive market [5][7]. Group 3: Market Dynamics - PepsiCo's beverage business in China has faced challenges, with low single-digit declines in 2024, contrasting with food business growth [7]. - The overall performance in the Asia Pacific market showed a 1% net revenue increase, with food sales growing by 4% while beverage sales lagged [7][8]. - Despite these challenges, there are signs of recovery in 2025, with food business unit sales increasing by 4% and organic revenue growth in international beverages [8].

近年来，水井坊将ESG（环境、社会和公司治理）理念深度融入企业战略和经营管理各个环节，以一场 深刻的ESG领域变革，探索独具特色的可持续发展之路，书写了中国白酒行业可持续发展新范式。 铸就责任基石：落地ESG，创新企业战略 水井坊将ESG理念深度融入企业战略，打造了自上而下的ESG体系，建立了董事会层面的ESG监督管理 机制，确保可持续发展战略有效落地。2024年，水井坊创新采用"双重重要性"分析框架，从"影响重要 性"和"财务重要性"双维度识别出31项实质性议题，为企业战略决策提供科学依据。 水井坊坚持实行以"三道防线"为中心的风险管理体系，通过自研防伪数字编码系统，实现产品防伪能力 跨越式提升。 水井坊的ESG实践获得业界广泛认可，连续3年入选标普全球《可持续发展年鉴（中国版）》，并再度 获评"行业最佳进步企业"；明晟（MSCI）ESG评级提升至BBB级，位居行业前列。亮眼成绩是水井坊 在可持续发展道路上坚定前行的有力证明。 推动绿色转型：坚持环保理念，助力产业升级 面对白酒行业可持续发展的挑战，水井坊勇于自我革新，将环保理念贯穿于从原料到消费的全产业链， 打造绿色酿造新模式。 水井坊完成覆盖范围一（直接 ...

Core Insights - The appointment of Hong Zonghua as Vice President of Corporate Affairs for PepsiCo Asia Pacific marks a significant leadership change within the company, coinciding with a broader restructuring of its management team and a recovery in operational performance [1][4]. Group 1: Hong Zonghua's Background and Role - Hong Zonghua has a strong background in public relations and government relations, having worked for major companies like Walmart, Mars, Herbalife China, and Shui Jing Fang, where he held senior positions [2][3]. - His previous role at Shui Jing Fang involved managing government relations, corporate communication, social responsibility, and ESG strategy, contributing to the company's continuous revenue growth, which is projected to exceed 5 billion in 2024 [2][3]. Group 2: PepsiCo's Organizational Changes - PepsiCo has undergone significant structural changes in 2023, dividing its global operations into North America and International segments, with a focus on the Asia Pacific market [4][6]. - The company has seen multiple executive changes, including the appointment of new leaders for its food and beverage divisions, reflecting a strategic shift to enhance performance in a competitive market [4][6]. Group 3: Market Performance and Challenges - PepsiCo's performance in China has shown a mixed trend, with food business revenues experiencing low single-digit growth while beverage revenues faced a slight decline [6][7]. - The overall revenue growth in the Asia Pacific region for 2024 is projected at 1%, with food business sales increasing by 4% and beverage sales only growing by 1%, indicating a challenging market environment [6][7]. - Despite these challenges, there are signs of recovery in 2025, with a reported 4% increase in unit sales for the Asia Pacific food business in the first three quarters [7].

Core Insights - Sichuan Water Margin Co., Ltd. combines traditional craftsmanship with modern technology in its production process, showcasing a blend of heritage and innovation in its operations [1][2][3] - The company has established a partnership with Diageo Group to enhance its international market presence and leverage global sales networks [2][3] - Water Margin has invested approximately 6.8 billion yuan in the construction of a comprehensive production base in Qionglai, Sichuan, with the first phase completed and operational [3] Group 1 - The production facility in Qionglai integrates over 600 years of traditional brewing techniques with automated and intelligent systems, ensuring precision in the brewing process [1] - The research collaboration with the Chinese Academy of Sciences has led to the discovery of over 25,000 functional genes and nearly 4,000 microbial species, which are crucial for enhancing the quality and flavor of the liquor [2] - The company has developed protective production standards for ancient fermentation pits, contributing to the preservation of cultural heritage and setting industry benchmarks [3] Group 2 - Water Margin's strategic focus on "green symbiosis and intelligent brewing" aligns with its long-term sustainable development goals [3] - The company's efforts in combining traditional Chinese liquor culture with international marketing strategies have significantly increased its global brand recognition [3] - The establishment of a comprehensive production base is expected to inject strong momentum into the high-quality development of the Chengdu liquor production area [3]

Core Insights - The article highlights the integration of traditional craftsmanship and modern technology in the production of Chinese liquor by Sichuan Water Jiufang Co., Ltd, showcasing a unique blend of heritage and innovation [2][3][4] Group 1: Production Techniques - The production process at the Water Jiufang facility in Chengdu combines over 600 years of traditional brewing techniques with advanced automation and intelligent control systems, ensuring precision in the brewing process [2] - The company utilizes a "one-number microbial group" research initiative in collaboration with the Chinese Academy of Sciences, identifying over 25,000 functional genes and nearly 4,000 microbial species that enhance the quality and aroma of the liquor [3] Group 2: Strategic Partnerships and Market Expansion - Water Jiufang has established a partnership with Diageo Group, leveraging its global sales network to expand its products into international markets, thus enhancing brand recognition globally [4] - The company has invested approximately 6.8 billion yuan in the construction of a comprehensive production base in Chengdu, with the first phase completed and operational, while the second phase is progressing steadily [4] Group 3: Industry Standards and Sustainability - In collaboration with industry associations, Water Jiufang has released protective production standards for ancient fermentation pits, contributing to the sustainable preservation of traditional brewing heritage [4] - The company emphasizes the importance of microbial communities in the fermentation process, viewing them as valuable living heritage that supports the high-quality development of the liquor industry in the Chengdu region [4]

Core Viewpoint - The company, Shui Jing Fang, reported a resilient performance in the third quarter of 2025, achieving a net profit of 221 million yuan, marking a return to profitability amidst industry challenges [1] Financial Performance - For the first three quarters of 2025, the company achieved operating revenue of 2.348 billion yuan and a net profit attributable to shareholders of 326 million yuan, with a net profit of 265 million yuan after deducting non-recurring gains and losses [1] - The third quarter saw a significant revenue increase of 850 million yuan, which is notable given the overall industry environment where profits for large-scale enterprises declined by 10.93% year-on-year in the first half of 2025 [1] Strategic Focus - The company is committed to a long-term strategy, focusing on optimizing dealer management, channel governance, and product innovation to support the implementation of its brand strategy [1] - By actively adjusting channels and enhancing cost efficiency, the company has stabilized its market position, demonstrating resilience in management despite broader industry setbacks [1]

Core Viewpoint - The company reported a significant decline in both revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The total operating revenue for the first three quarters of 2025 was 2.348 billion yuan, representing a year-on-year decrease of 38.01% [1] - The net profit attributable to shareholders of the parent company was 326 million yuan, down 71.02% year-on-year [1] - The basic earnings per share stood at 0.6728 yuan [1]