Group 1 - The stock price of Laobai Gan Liquor reached 18.40 yuan as of August 25, 2025, marking a 3.9% increase from the previous trading day, with a trading volume of 1.071 billion yuan [1] - Laobai Gan Liquor operates in the liquor industry, primarily producing baijiu products, with brands including Hengshui Laobai Gan [1] - The company has recently formed a strategic partnership with Hebei retail enterprise Xinyilou Department Store Group to jointly launch the "Hengshui Laobai Gan·Classic Inheritance" product, exploring new retail models [1] Group 2 - The collaboration between Laobai Gan Liquor and Xinyilou Department Store Group aims to enhance market expansion and brand collaboration, promoting the development of the Hebei baijiu market [1] - On August 25, the net inflow of main funds was 117 million yuan, with a cumulative net inflow of 116 million yuan over the past five days [1]

Core Insights - The strategic cooperation between Hebei Hengshui Laobaigan Liquor (Group) Co., Ltd. and Xinyulou Department Store Group Co., Ltd. aims to enhance brand synergy and market expansion [1][3] - The launch of the "Hengshui Laobaigan·Classic Inheritance" product represents a significant collaboration, combining traditional craftsmanship with modern retail standards [1] Company Overview - Xinyulou Department Store Group, founded in 1984, has grown to operate 43 stores with a total building area of 1.2 million square meters and approximately 40,000 employees across Hebei, Shandong, and Tianjin [1] - The group is projected to achieve sales revenue exceeding 23.9 billion yuan and tax contributions over 1.1 billion yuan in 2024 [1] Product Development - The new product, "Hengshui Laobaigan·Classic Inheritance," is the first white liquor product backed by Xinyulou's selection standards, aiming to set a benchmark for high-quality liquor with a focus on taste and comfort [1] Strategic Collaboration - The partnership emphasizes deep strategic cooperation through "quality linkage," focusing on cultural co-construction, market expansion, brand collaboration, and cross-industry resource integration [3] - This collaboration aims to promote the cultural brand of Hebei and establish a new model of strategic synergy that reflects regional characteristics and contemporary spirit [3]