On January 28, Anhui Golden Seed Winery Co.Ltd(600199) (hereinafter referred to as ” Anhui Golden Seed Winery Co.Ltd(600199) “) announced that the company expects a net profit loss of 155 million yuan to 185 million yuan attributable to shareholders of Listed Companies in 2021, and a profit of about 69.4 million yuan in the same period in 2020. After deducting non recurring profits and losses, the company expects the net profit loss attributable to the shareholders of the listed company to be RMB 180 million to RMB 210 million in 2021 and about RMB 114 million in the same period in 2020.
For the reason of loss, Anhui Golden Seed Winery Co.Ltd(600199) said that the main reason for this loss is that the liquor product structure is in the adjustment stage, the sales of the second high-end products are relatively low, and the gross sales margin of the Baijiu is relatively low.