This week: in January 5th, at the National Association of dealers of Kweichow Moutai Co.Ltd(600519) Maotai flavor liquor in 2021, Ding Xiongjun, Secretary of the Party committee and chairman of Moutai group, pointed out that the Maotai flavor liquor series "at the end of 14th Five-Year" should strive to achieve double sales revenue, reaching over 24 billion yuan, accounting for 10% of the group's importance, and entering the second camp of the national Baijiu liquor, and strive to enter the top eight Baijiu liquor enterprises nationwide. Become the main growth pole of the group. In 2021, Maotai Maotai Maotai liquor company completed annual sales of 30000 tons, with a year-on-year increase of 3%; The revenue reached 11.8 billion yuan, a year-on-year increase of 22%; The total profit is expected to be 5.185 billion yuan, a year-on-year increase of 60%. In 2021, Maotai Maotai flavor liquor series will successfully complete various objectives and tasks. We are optimistic about the reform determination of the management and believe that the company will continue to give full play to the brand advantages of Maotai Co., Ltd., stabilize the development trend of sauce liquor, and build Maotai Maotai flavor series liquor into the "moat" of Maotai brand in the future.
Industry highlights: 1) By-Health Co.Ltd(300146) annual net profit increased by 5% - 25%. 2) Shuanghui signed a strategic cooperation agreement with muyuan. 3) Luzhou Laojiao Co.Ltd(000568) price adjustment of several premiere products. 4) Xiangpiaopiao Food Co.Ltd(603711) milk tea announced a price increase. 5) Yanker Shop Food Co.Ltd(002847) issue a stock incentive plan. 6) Ligao Foods Co.Ltd(300973) announced cost and product price increases. 7) Luzhou's liquor revenue will be 110 billion yuan in 2021. 8) Yuan Qingmao was elected chairman of the 8th board of directors of Fenjiu.
Rise and fall of the secondary market: from January 4 to January 7, the secondary market agriculture + 1.5%, commerce and trade - 0.3%, food and beverage - 3.9%, ranking No. 9, 17 and 23 in CITIC 30 industry.
Risk tips: 1. Risk of macroeconomic weakness; 2. The risk of long-term epidemic prevention and control in China; 3. Risks of major food safety events; 4. Major agricultural epidemic risk.
