Group 1 - Guizhou Moutai is launching a limited edition product named "Guizhou Moutai (Five-Star Trademark 70th Anniversary Commemorative)" on August 8, with a total of 25,568 bottles priced at 7,000 yuan each [1] - The company has repurchased 3.4517 million shares, accounting for 0.2748% of its total share capital, with a total repurchase amount of 5.301 billion yuan, marking its first cancellation-style repurchase since its listing in 2001 [1] - The repurchase aims to protect the interests of the company and its investors, as well as to boost market confidence [1] Group 2 - The wholesale price of Moutai's core products has experienced significant fluctuations, with the price of the 25-year Flying Moutai dropping below 2,000 yuan per bottle in early June and further declining to 1,860 yuan by August 5 [2] - The stock price of Guizhou Moutai has shown a downward trend, closing at 1,427.74 yuan per share on August 5, reflecting a notable decline from its yearly high [2] - For 2024, the company's revenue is expected to grow by 15.66% year-on-year, while net profit attributable to shareholders is projected to increase by 15.24%, but growth rates are expected to slow down in the first quarter of 2025 [4] - Despite challenges in the white liquor industry, including excessive competition and declining product prices, the fundamentals of listed liquor companies remain relatively stable [4] - Recent societal trends and policy adjustments are expected to positively impact the secondary market for liquor [4]