Securities Times e company news, Henan Liquor Association Circulation Committee Secretary General Huang Fu Shangmin said that we estimate that the 2022 Spring Festival in Henan Province wine sales are expected to decline by more than 20% compared with last year's Spring Festival. The problem now is that the Spring Festival "peak season" sales are not booming, and the channel inventory is large. It is not ruled out that the channel cannot be supported after the Spring Festival, and a large number of dumping leads to the possibility of falling wine prices. Before the "peak season" of the Spring Festival, in mid-to-late December 2021, a number of liquor companies, including Wuliangye, Luzhou Laojiao, Shede Liquor, Jiannanchun, Shuijingfang, and Liquor, have set off a "wave of price increases". In the view of Emperor Fu Shangmin, many liquor companies have increased prices "irrationally", and it is a good thing that the price of liquor does not fall after the holiday. (Daily Economic News)