Wuliangye Yibin Co.Ltd(000858) .
On May 21, Wuliangye Yibin Co.Ltd(000858) official microblog published an article saying that 80000 tons of pottery jar wine warehouse was officially opened, and the overall storage capacity of pottery jar reached 300000 tons. It is reported that the project belongs to the first phase of the company’s 300000 ton pottery altar aging wine warehouse project. After the project is opened, the storage capacity of Wuliangye Yibin Co.Ltd(000858) original wine will be further improved to better ensure that the products will be stored for at least three years before filling; The ability to store Baijiu in different years was further improved.
With the successful completion of the main works of four projects under construction, including the capacity expansion project of Gou wine storage last year, Wuliangye Yibin Co.Ltd(000858) said that the phase I project of 360000 ton Gou wine storage will also be put into operation. Zhu danpeng, an analyst of China’s food industry, pointed out that the opening of the wine warehouse is also a manifestation of the expanding demand for production capacityP align = “center” source: Wuliangye Yibin Co.Ltd(000858) official microblog
Recently, Wuliangye Yibin Co.Ltd(000858) production expansion has continued. Earlier, at the Wuliangye Yibin Co.Ltd(000858) performance presentation on April 29, Jiang Wenge, vice chairman and general manager, pointed out that the company’s existing production capacity of Luzhou flavor Baijiu is 100000 tons, and in the future, it will achieve an additional production capacity of 100000 tons of raw liquor, with a total production capacity of 200000 tons. On May 15, Wuliangye Yibin Co.Ltd(000858) in the interactive and easy answer to investors’ questions, further introduced that the company plans to gradually increase the production capacity of 100000 tons of raw wine in the next few years.
On January 28 this year, Wuliangye Yibin Co.Ltd(000858) announced the launch of a capacity expansion project with an estimated investment of 2.75 billion yuan. The announcement pointed out that the company will increase the original wine production capacity. In order to meet the demand for capacity growth, the company will expand and transform the koji making workshop. The main construction contents include koji making workshop and relevant supporting facilities, which will be constructed in two phases.
” Wuliangye Yibin Co.Ltd(000858) expansion of production is actually a preparation for the upgrading of product structure in the future.” Cai Xuefei, general manager of Zhiqu information, pointed out that in the market environment of stock squeeze, Wuliangye Yibin Co.Ltd(000858) to obtain new increment, it is necessary to increase the output of high-end products, increase the brand value and improve the bargaining price of the whole product line. And Wuliangye Yibin Co.Ltd(000858) as a regional famous liquor, the expansion of production will also promote the development of local liquor producing areas.
In addition to Wuliangye Yibin Co.Ltd(000858) , Kweichow Moutai Co.Ltd(600519) ( Kweichow Moutai Co.Ltd(600519) . SH), Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) ( Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) . SH) and other liquor enterprises also announced large-scale production expansion plans in 2022, focusing on the original liquor production capacity.
Zhudanpeng proposed that the Baijiu industry has entered a stage of great differentiation since 2018. At the node of further differentiation of the industry, Luzhou flavor boss Wuliangye Yibin Co.Ltd(000858) .
In fact, Chinese Baijiu’s liquor production capacity has continued to decline in recent years. According to the data released by the China Liquor Industry Association, the Baijiu output in 2021 was 7.1563 million kiloliters, a year-on-year decrease of 0.59%, which was almost half the capacity of 135836 million kiloliters in 2016.
“The overall capacity of Baijiu has always been surplus, but the high-quality capacity is scarce, especially the capacity of the top famous liquor is scarce for a long time.” Cai Xuefei believes that not only the production capacity of Baijiu is being differentiated, but with the continuous upgrading of China’s liquor consumption structure, “everyone drinks less and drinks better”. For the representative liquor enterprises with famous brand history and culture and endorsement of production areas, including the representative liquor enterprises of categories, the shortage of high-quality production capacity is still large, and enterprises will have the demand to expand production capacity.
As of May 20, Wuliangye Yibin Co.Ltd(000858) ( Wuliangye Yibin Co.Ltd(000858) . SZ) closed up 5.83% to close at 162.47 yuan.
