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After a two-year interval, Zhejiang Guyuelongshan Shaoxing Wine, known as the "King of Huangjiu(Chinese Liquor)," announced a price increase of up to 12%. This may boost Q2 performance.|Brief announcement.
① Zhejiang Guyuelongshan Shaoxing Wine and Kuaijishan Shaoxing Rice Wine have recently announced price increases for multiple product series; ② The company's Director Sun Aibao told reporters from the Financial Association that this is a minor price adjustment aimed at realizing the value return of Huangjiu(Chinese Liquor).
Zhejiang Guyuelongshan Shaoxing Wine (600059.SH): Some products will increase in price starting April 22.
On April 1, Gelonghui announced that Zhejiang Guyuelongshan Shaoxing Wine (600059.SH) has decided to adjust the sales prices of some key products after careful consideration and research by the company, in light of the optimization and adjustment of packaging and formulations for certain products, to further enhance the company's brand power and competitiveness, along with the current market supply and demand for products: the price increase for the彩包花雕 (Jiafan) series Huangjiu(Chinese Liquor) is 2%-5%, the price increase for the清醇三年 series Huangjiu(Chinese Liquor) is 4%-8%, the price increase for some坛酒 series Huangjiu(Chinese Liquor) is 8%-9%, the price increase for some五年陈 series Huangjiu(Chinese Liquor) is 5%-12%, and some青花醉.
Guyue Longshan: Guyue Longshan 2024 Annual Report Summary
Guyue Longshan: Guyue Longshan 2024 Annual Report
Guyue Longshan 2024 Annual Report
Guyue Longshan 2024 Annual Report Summary