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Alcoholics: We will open up the Shanghai market through foreign cooperation

author:China Securities Journal

China Securities Network News (Wang Luo) On October 31, the "Seminar on the Value of China's High-end Cultural Famous Wines and Internal Ginseng Wines" was held in Pudong, Shanghai. It is reported that this is the 18th large-scale meeting held since the national layout of internal ginseng wine in 2019.

At the seminar, Wang Zhe, deputy general manager of the liquor company and general manager of the sales management center, said that the Shanghai market will become the company's key market to break through. At the same time, Wang Zhe said that it will open up the Shanghai market through cooperation with Shanghai Mao Wujian Trading Co., Ltd.

The market performance of internal ginseng liquor has directly driven the performance of alcoholic liquor. In the first three quarters, liquor achieved revenue of 2.64 billion yuan, an increase of 134.2% year-on-year; achieved a net profit of 720 million yuan, an increase of 117.69% year-on-year.

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