来源：中国酒业协会 当地时间7月10日下午，世界烈酒联盟(WSA)与中国酒业代表团座谈会在日内瓦举行。中国酒业协会理事长宋书玉应邀出席 会议并作演讲，与世界各国酒业代表分享了中国酒类行业近期的产业发展情况、面临的挑战以及面对未来的思考。演讲内 容摘编如下： 今年以来，国际环境日趋复杂严峻，尽管中国经济发展总体稳中向好，但仍面临着需求收缩、供给冲击、预期转弱等多重 压力。酒类产业进入新一轮消费结构转型和分化期、存量竞争的深度调整期，形成"三期叠加"的局面。产能增长与需求放 缓，消费动能不足与价格下行，消费场景弱化与产业增长压力。 从总体情况看，中国酒业依然表现出较好的发展形势。白酒一直是中国酒类市场的主角。但是，存在矛盾也最多，市场下 行的压力较大，量价转化最为明显；啤酒产业整体比较稳健，产量保持稳定，营业收入和盈利能力增长，呈上升趋势；葡 萄酒整体市场需求不足，进口葡萄酒冲击持续。国产葡萄酒步履维艰，期待政策突破、价值重塑、自身变革；黄酒产区政 府加大支持力度，头部企业持续提升市场营销、科技创新、文化加持、市场拓展力度，黄酒正在走出困境；其他酒种创新 带来了新的市场机遇，其中露酒持续振兴之中，表现良好；国产威 ...

中新网杭州7月13日电(蓝伊旎)据浙江省贸促会消息，7月12日，2025年日本大阪世博会中国馆"浙江 周"系列活动在日本大阪启幕。活动以"诗画浙江"为主题，向中外嘉宾展开了一幅融合传承与创新、绿 色与发展、开放和包容的浙江画卷。 开幕首日，浙江历史经典产业展览成为焦点，丝绸、木雕、青瓷等产业的展品同台亮相。现场不仅汇集 了多位国家级、省级工艺美术大师的代表作，还有20余家品牌带来的茶胶囊、咖啡黄酒、青瓷潮玩盲盒 等创新产品。 例如，非标造物局展出的"青猿听香"由龙泉青瓷古法烧制而成，将悟空形象浓缩为了仅手掌大小的精巧 香插，造型捕捉悟空"顿悟破执"的瞬间，其双目微合，神态安详，禅意十足。 "当下年轻人既追求健康疗愈的生活方式，又注重精神文化消费，兼具实用性和文化内涵的创新产品很 受青睐。"品牌相关负责人陈佳鑫在接受电话采访时表示，融入生活场景、顺应时代潮流是历史经典产 业焕新的关键。 另一件展品佛光寺斗拱积木，则将中国唐代建筑的技艺精华浓缩于方寸之间。晚峰文化创始人刘文辉表 示，积木呈现的榫卯结构不仅是中国古建筑中的一种表达方式，更蕴含着人与自然、天地和谐共生的哲 思。 "传统文化不是静止的标本，而是奔流不息 ...

Core Viewpoint - The announcement from the Bengbu Market Supervision Administration reveals the results of food safety inspections, indicating that out of 188 batches tested, 179 were compliant while 9 were found to be non-compliant, highlighting ongoing food safety concerns in the region [2][11]. Summary by Categories Inspection Results - A total of 188 batches of various food products were sampled, including convenience foods, sugar, starch products, canned goods, beverages, condiments, and more [2]. - Among these, 179 batches were found to be compliant with national food safety standards, while 9 batches were deemed non-compliant [2]. Non-Compliant Products - Specific non-compliant products include: - Chopsticks used at Jin Feng Restaurant and Hot Spicy Era Hotpot, both found to contain anionic synthetic detergents exceeding safety standards [3][4]. - Star Anise sold at Century Hualian Supermarket, with sulfur dioxide residue exceeding the limit [5]. - Small Tai Mango sold at Jingyou Fresh Supermarket, containing pyraclostrobin above the permissible level [6]. - Yam sold at Meiyijia Supermarket and Yimufang Tian Fresh Supermarket, both containing excessive levels of mefenoxam and manganese mefenoxam [7][8]. - Fish sold at Sifang Lake Aquatic Store and Bullfrog at Qunli Street Farmers Market, both containing enrofloxacin above the safety threshold [9][10]. - Yangmei sold at Happy Purchase Supermarket, found to contain sodium saccharin, which is prohibited [11]. Regulatory Actions - The local market supervision authorities have mandated the responsible parties to trace the distribution of the non-compliant products, recall them, and take corrective actions to mitigate risks [11].

Core Insights - The article highlights the transformation of Dai County in Shanxi through sports, emphasizing the economic benefits and community engagement derived from hosting various sports events [1][3][5]. Group 1: Sports Events and Participation - Dai County has hosted 18 national and 5 provincial sports events, with a total of 761 events and 15,000 participants, showcasing a vibrant sports culture [1]. - The county has achieved 100% coverage of public sports facilities in towns and villages, with a per capita sports area of 3.12 square meters by the end of 2024 [3]. Group 2: Economic Impact - The frequent hosting of sports events has stimulated the local economy, particularly in hospitality and dining, with hotels experiencing high occupancy rates during events [5]. - The county's hotels and restaurants rely on tourism during peak seasons and sports events during off-peak times, indicating a dual economic strategy [5]. Group 3: Integration of Sports with Other Industries - Dai County is exploring the "Sports+" model, integrating sports with tourism and local industries, such as promoting local yellow wine through sports events [8]. - The county offers free access to scenic spots for participants and discounts for their families, converting sports event traffic into tourism revenue [8].

中信建投研报称，中长期来看，医疗器械行业的产业趋势向好，创新、并购、国际化将推动中国器械龙 头逐步成长为全球龙头。预计三季度多家公司受益新产品新业务放量而实现环比改善，或去年同期低基 数基础上实现高增长。细分板块来看，医疗设备板块部分企业受益于行业招标数据高增长和库存加速消 化、业绩将逐步改善，高值耗材板块部分企业有望受益新产品逐步放量和集采优化政策、业绩确定性和 估值修复。也看好脑机接口、外骨骼机器人、AI医疗、手术机器人等新科技方向的投资机会。 中金公司：预计新消费标的延续相对高成长 健康饮品等新消费趋势景气度有望保持 凤凰网财经讯 7月9日，三大指数开盘涨跌不一，沪指高开0.04%，深成指高开0.04%，创业板指低开 0.08%。托育、机器人等板块指数涨幅居前，贵金属、保险等板块指数跌幅居前。 | | | | | | 沪深京重要指数 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | *● | 咸新 | 涨幅% | | 涨跌 涨跌家数 | | | 现手 | 金额 | | 上证指数 | | 3498. ...

Group 1 - The food and beverage sector is expected to show marginal stabilization and improvement in demand [1] - The fundamentals of the mass food segment have been improving since March, with expectations for steady improvement in the second half of the year [1] - New consumption trends such as spicy snacks, healthy beverages, and sparkling yellow wine are anticipated to maintain their growth momentum, driving up sector valuations [1] Group 2 - The leisure snacks and soft drinks sub-sectors are expected to perform well in the second half of the year [1] - The liquor sector has experienced a valuation correction due to macroeconomic and policy impacts, with fundamentals currently at a bottoming stage [1] - Although the liquor sector may still face pressure in the second half, valuations have largely reflected pessimistic expectations, indicating emerging investment value [1]

利安达会计师事务所（特殊普通合伙） 关于上海证券交易所《关于广东明珠集团股份有限公司 上海证券交易所： 我们通过广东明珠集团股份有限公司（以下简称"公司"、"上市公司"或"广东明珠"）收 悉上海证券交易所上市公司管理二部发来的《关于广东明珠集团股份有限公司 2024 年年度 报告的信息披露监管问询函》（上证公函【2025】0794 号，以下简称"问询函"），根据问询 函的要求，我所对相关事项进行了核查，现就问询函中要求我所发表核查意见的相关问题答 复如下： 的难度加大等导致业绩承诺期铁精粉的盈利不达预期。分产品看，铁精粉收入3.41亿元，毛 利率62.55%，砂石收入0.83亿元，同比增长132.08%。分季度看，第四季度收入环比增长 年业绩承诺合计完成率仅64.43%。 请公司补充披露：（1）铁精粉及砂石的产销量、销售价格、成本结构及变化情况，说 明铁精粉毛利率较高、砂石收入大幅增长的原因、与同行业可比公司是否存在差异；（2） 对比盈利预测，量化分析业绩承诺与实际业绩表现存在较大差异的具体原因，说明前期资 产评估是否充分考虑现有设计范围内的铁矿石储量等因素；（3）报告期内前五大客户基本 信息、销售金额、应收 ...

近日，德清县市场监督管理局发布处罚公告（德市监处罚〔2025〕439号），浙江德清莫干山酒业有限公司因销售混有异物的黄酒 产品，被依法处以行政处罚。 据处罚决定书披露，处罚决定显示，市场监管部门接到投诉，对消费者寄送的4瓶"本色花雕酒"（生产日期：20250118）进行检 测。结果发现其中1瓶存在肉眼可见的黑色条状异物，感官项目不符合国家标准（GB/T13662-2018），被判定不合格。企业虽辩称 异物可能为"未发酵完全酒曲或焦糖碎片"，但对检测结果无异议且放弃复检。经查，涉案问题黄酒仅此1瓶，货值4元。监管部门 依据《中华人民共和国行政处罚法》、《市场监督管理行政处罚程序规定》及《中华人民共和国食品安全法》第一百二十四条第 一款第（四）项的规定，责令企业改正，并合并处以没收违法所得4元、罚款1万元，合计10004元，作出行政处罚决定时间为2025 年07月04日。 公开资料显示，浙江德清莫干山酒业有限公司创始于清同治二年（公元1863年）。1956年，扬元新酱园改建为国营新市酒厂。 1957年钟新泰酱园改建为国营新市酿造厂。1999年改制莫干山酒业有限公司。公司位于浙江省湖州市德清县新市镇雁桥路9号，公 ...

证券研究报告·行业深度报告·食品饮料 食品饮料行业深度报告 黄酒行业深度：供需共振，高端化与年轻化 突围 增持（维持） [Table_Tag] [投资要点 Table_Summary] 证券分析师 苏铖 执业证书：S0600524120010 such@dwzq.com.cn 证券分析师 郭晓东 执业证书：S0600525040001 guoxd@dwzq.com.cn 行业走势 -11% -7% -3% 1% 5% 9% 13% 17% 21% 25% 2024/7/8 2024/11/5 2025/3/5 2025/7/3 食品饮料 沪深300 相关研究 《啤酒行业深度：攻守兼备，优质龙 头已进入击球区》 2025-05-22 《大众品 2024 年报及 2025 年一季报 总结：需求筑底，细分突围》 2025-05-07 ◼ 风险提示：宏观经济不及预期；食品安全问题；市场竞争加剧。 2025 年 07 月 07 日 东吴证券研究所 1 / 26 请务必阅读正文之后的免责声明部分 ◼ 黄酒行业经历深度调整，当下发生积极变化。1）黄酒行业利润率迎来 边际拐点，龙头量价齐升。2023 年规模以上企业收入 85 ...

Group 1: Management Changes in the Alcohol Industry - The alcohol industry has seen a series of high-level management changes since last year, with companies like Yanghe, China Resources Beer, and Jinzhongzi Wine experiencing shifts in leadership, indicating a strong intent from shareholders and investors to boost performance [1] - Jinzhongzi Wine's General Manager He Xiuxia has resigned, and the company is facing significant market share pressure, with 2024 revenue projected to drop to 925 million yuan, a stark contrast to over 2 billion yuan in previous cycles [5] - Yanghe has appointed Gu Yu as the new Party Secretary, replacing Zhang Liandong, who has stepped down amid a challenging period for the white liquor industry [6][7] Group 2: Trade and Regulatory Developments - The Ministry of Commerce has concluded an anti-dumping investigation into EU brandy, determining that dumping margins range from 27.7% to 34.9%, leading to the imposition of anti-dumping duties starting July 5, 2025 [2][3] - A total of 34 EU brandy exporters, including well-known brands like Martell and Hennessy, can avoid these duties by adhering to price commitments approved by Chinese authorities [3] Group 3: Market Trends and Promotions - Taobao Flash Sale has initiated a new subsidy program, investing 50 billion yuan, resulting in a significant increase in orders, particularly in the alcohol sector, with some brands seeing order volumes double [4] - Kuaizi Jiao reported that its high-end "Jian" series products have not performed as expected, with sales and consumer feedback being less favorable compared to older products [10] - Xijiu has launched a promotional campaign offering buy-three-get-one-free deals on various products, indicating a strategy to boost sales through consumer incentives [11]