Topic of this week: on February 18, Yibin municipal Party committee and government of Sichuan Province announced the decision on the adjustment of the main responsible comrades of Yibin Wuliangye Yibin Co.Ltd(000858) group (joint stock): appoint Zeng Congqin as the Secretary and chairman of the Party committee of Wuliangye Yibin Co.Ltd(000858) group and the Secretary of the Party committee of Wuliangye Yibin Co.Ltd(000858) joint stock company; Li Shuguang will no longer serve as the Secretary, member and chairman of the Party committee of Wuliangye Yibin Co.Ltd(000858) group and the Secretary and member of the Party committee of Wuliangye Yibin Co.Ltd(000858) joint stock company. Meanwhile, Zou Tao, general manager of Wuliangye Yibin Co.Ltd(000858) joint stock company, served as general manager of Wuliangye Yibin Co.Ltd(000858) group; Jiang Wenge, deputy general manager of Wuliangye Yibin Co.Ltd(000858) group, served as the general manager of Wuliangye Yibin Co.Ltd(000858) joint stock company. Li Shuguang once led Wuliangye Yibin Co.Ltd(000858) through the key five years of the “Second Entrepreneurship” stage, which has greatly solved the brand and channel problems that have plagued Wuliangye Yibin Co.Ltd(000858) for a long time. This time, he served as chairman of the board of directors and Secretary of the Party committee of the group from Chairman Congqin, and was also the first leader of the “unity” of the group and shares in more than ten years. We believe that the 1000 yuan price band will usher in a large-scale stage in the future, Wuliangye Yibin Co.Ltd(000858) will fully benefit from its excellent brand strength and is optimistic about the future development of the company.
Industry highlights: 1) Maotai held a market work meeting to open the era of “beauty” in marketing. 2) Dingdong buys vegetables, with an annual revenue of 20.12 billion in 2021. 3) The controlling shareholder of Anhui Golden Seed Winery Co.Ltd(600199) plans to introduce China Resources war investment. 4) Shede Spirits Co.Ltd(600702) released the performance express in 2021, with a revenue of nearly 5 billion yuan and a doubling of net profit.
Rise and fall of secondary market: from February 14 to February 18, food and beverage in secondary market + 3.00%, commerce and trade + 0.14%, agriculture – 1.19%, ranking 5, 18 and 28 in CITIC 30 industry.
Risk tips: 1. The risk of macroeconomic weakness; 2. The risk of long-term epidemic prevention and control in China; 3. Risks of major food safety incidents; 4. Major agricultural epidemic risk.
