9011span style="font family: Tahoma; font size: 18px;" >9 The past 9011span style="font family: Calibri; font size: 18px;" 1100920239011span style="font family: Tahoma; font size: 18px;" >9, 999 Throughout the development of white wine industry, the concentration of the industry has further improved, " weak recovery and strong differentiation " 9011span style="font family: Tahoma; font size: 18px;" 1100909011/span 11009090011/span style="font family: Tahoma; font size: 18px;" >9 has a clear trend, This can be seen from the operation of 9209 listed Baijiu companies in the first three quarters of this year. The top six listed liquor companies accounted for more than 80% of their revenue, 9011/span>9011span style="font family: Tahoma; font size: 18px;" > "The strong remain strong, the weak remain weak", and the Matthew effect is more pronounced. The competition among small and medium-sized liquor enterprises will further intensify. 9011/span>9011span style="font size: 16pt;" >9011o: p>9

Baijiu industry is driven by the strong resonance between the leading liquor enterprises and the waist enterprises, The future development has the certainty of 9011/span>9011span style="font family: Verdana; font size: 18px;" >9, 9011span style="font family: Tahoma; font size: 18px;" > Although 9011span style="font family: Calibri; font size: 18px;" 110092039011span style="font family: Tahoma; font size: 18px;" >9 11span style="font size: 16pt;" Since the second half of the year, a series of 9011span style="font family: Calibri; font size: 18px;" >911span style="font family: Calibri; font size: 18px;" >9 "9011span style=" font family: Calibri; font size: 18px; ">9 has been promoting stable consumption growth. span style= The introduction of the > policy: 9011/span>9011/span >, However, the overall economy is relatively sluggish, and the willingness of the general public to consume is no longer strong. So, 9202499 What predictability will there be? 99? 9011/span>9011span style="font size: 16pt;" >9011o: p>9

1, 9011span style="font size: 18px;" >9011span style="font family: Tahoma; font size: 18px;" >9 Ultra High end and High end 9011span style="font family: Tahoma; font size: 18px;" >911span style="font family: Tahoma; font size: 18px;" >911span style="font size: 18px;" >911span style="" font family: Tahoma; font size: 18px; " >:9011o: p>9

Ultra High end: Maotai 9011span style="font family: Tahoma; font size: 18px;" >91/span11009< Sauce Flavor 9011span style="font size: 18px;" >9011span style="font family: Tahoma; font size: 18px;" 1100900911span style="font family: Tahoma; font size: 18px;" >9 continues to lead steadily Run. High end: The price band pattern of thousands of yuan may break the steady state. This year's 9011/span>9011span style="font family: Tahoma; font size: 18px;" >9011span style="font family: Calibri; font size: 18px;" 11009150099011/span>9011/span>9011span style="font size: 18px;" 11009011/span>9011span style="font family: Tahoma; font size: 18px;" "ily: font size: 18px;" Above >, there has been a certain decline in the production of famous wines. However, the overall trend of the Chinese economy has not changed, and the public's consumption capacity will gradually recover, 9011span style="font family: Tahoma; font size: 18px;" >Considering the span style="font family: Tahoma; font size: 18px;" 110099011span style="font family: Tahoma; font size: 18px;" Price guidance, Next year, we will increase the price of "9011span style=" font family: Tahoma; font size: 18px; ">9 with a price increase of 9011span style=" font family: Calibri; font size: 18px; ">9+9011span style=" font family: Tahoma; font size: 18px; ">9 Quantity and Price Control