Consumption refer to 丨 Why is Luzhou Laojiao's shares from being free?

Author:21st Century Economic report Time:2022.08.17

Reporter He Hongyuan and Chen Sha reports from the 21st Century Business Herald reporters

The giants are normal.

In the investor exchange minutes disclosed on August 17, Luzhou Laojiao explained why he invested $ 80 million to participate in the subscription of China -free H -shares issuance.

"China -free is an important channel dealer, and it is also an important platform for expanding overseas markets. In order to further strengthen in -depth cooperation with China, at the same time share the tourism retail market, especially the rapid development of the tax -free market, the company intends to serve as the cornerstone investors Investment participates in China for exemption from the issue of H -shares. "Luzhou Laojiao said.

On August 15th, China was free to issue global offering of stock announcements. At the same time, the list of nine cornerstone investors was disclosed, and Luzhou Laojiao was among them.

On the other hand, Luzhou Laojiao, which is planning to high -end, does match the layout with the middle exemption.

According to the financial report, from 2016 to 2020, the revenue proportion of high-end wine (1573 and above) in Luzhou Laojiao increased significantly from 36%in 2016 to 65%in 2020, and the revenue of high-end wine has entered a tens of billions of yuan.

According to the annual report, in 2021, the main income of Luzhou Laojiao was 20.64 billion yuan, an increase of 23.96%year -on -year; net profit of returning to the mother was 7.956 billion yuan, an increase of 32.47%year -on -year. Among them, the revenue of mid -to -high -end wine was 18.397 billion yuan, a year -on -year increase of 29%; other alcohol revenue was 2.018 billion yuan, a year -on -year decrease of 8.74%.

According to the product structure, Luzhou Laojiao defines the price of 150 yuan per bottle as a medium and high -end wine, including Guojiao 1573, special song, cellar wine, etc.; Head songs, two songs, etc.

After multiple rounds of price adjustment, at present, the retail price of the 1573 terminal of 52 degrees of the 52 -degree Guojiao has reached 1399 yuan/bottle, which is equal to the official retail price of the eighth -generation Wuliangye.

However, it is worth noting that during the high -end on the way, Luzhou Laojiao revenue and top brands are getting farther and farther.

The first quarter report showed that the main income of Luzhou Laojiao was 6.312 billion yuan, an increase of 26.15%year -on -year. During the same period, Yanghe's shares revenue was 13.026 billion yuan, an increase of 23.82%year -on -year; Shanxi Fenjiu revenue was 10.53 billion yuan, an increase of 43.62%year -on -year. In Moutai and Wuliangye in Guizhou, the liquor industry has long occupied one or two in the liquor industry, and Luzhou Laojiao has slipped to fifth.

This has all become the incentives of Luzhou Laojiao in hand.

On August 17, Luzhou Laojiao received 221.98 yuan, an increase of 1.64%.

On the same day, the Shanghai Stock Exchange 80 Index closed at 6153.31 points, an increase of 0.71%.

agriculture

The price of pigs and pork on the 32nd week of 2022 double -month drop

According to the monitoring of the Ministry of Agriculture and Rural Affairs, from August 8-14, 2022, the average purchase price of pigs for pig slaughtering companies above designated size was 22.12 yuan/kg, a decrease of 0.4%month-on-month, an increase of 35.1%year-on-year. The average ex -factory price of white bars was 28.40 yuan/kg, a decrease of 0.4%month -on -month, and an increase of 30.1%year -on -year.

The average price of pork in the national agricultural wholesale market decreased by 0.4%

According to the monitoring of the Ministry of Agriculture and Rural Affairs, the "Agricultural Products Wholesale Price 200 Index" on August 17 was 121.97, an increase of 0.33 points from the 16th, and the "vegetable basket" product wholesale price index was 122.88, an increase of 0.38 points from the 16th. As of 14:00 on the 17th, the average price of pork in the national agricultural wholesale market was 28.91 yuan/kg, a decrease of 0.4%from the 16th.

In the first half of the year, the reduction in the amount of meat and poultry feed increased in the second half of the year or reversed

On August 17, Zhuochuang Information Data showed that due to the reduction of the production capacity of the meat and poultry industry, the production of meat and poultry feed in the first half of 2022 fell the same part -time. Under the strong support of the cost, the prices of meat and poultry feed in the first half of the year went up strong, and rose to the high point during the year. In the second half of the year, the increase in meat and poultry columns will increase the production of meat and poultry feed. At the same time, the cost of feed raw materials decreases, and the price of meat and poultry feed is also slightly dropped.

Aonon Biological: It is intended to redeem the "Aonon Convertible Bond" in advance

On August 17, Aoon Biological announced that the shares of Fujian Aonon Biotechnology Group Co., Ltd. shares from July 1, 2022 to July 21, 2022, and have met at least fifteen in the 30 consecutive trading days. The closing price of the trading day is not lower than 130%of the current conversion price of 14.11 yuan/share. According to the "Fujian Aoon Biotechnology Group Co., Ltd. Publicly issued the instructions for the Raiders of Convertible Corporate Bonds", it has triggered the conditional redemption clauses of "Aonon Convertible Bonds".

food and drink

China Resources Beer: Net profit in the first half of the year increased by 27.8% year -on -year

On August 17, China Resources Beer announced the first half of the year's financial report. In the first half of the year, its comprehensive turnover was RMB 21 billion, an increase of about 7.0%over the same period last year. In the first half of 2022, the profit and pre -tax profit and the company's shareholders accounted for about 24.1%and 27.8%from the same period last year, respectively. In the first half of 2022, the Group's sub -high -end and above beer sold about 1.142 million liters, an increase of about 10%year -on -year. Among them, the sales volume of Xili brand products recorded a double -digit growth in the first half of 2022.

Chongqing Beer: Net profit in the first half of the year increased by 16.93% year -on -year

On August 17, Chongqing Beer released a semi -annual report. In the first half of 2022, revenue was 7.936 billion yuan, an increase of 11.16%year -on -year, and net profit was 728 million yuan, a year -on -year increase of 16.93%. During the reporting period, the company realized beer sales of 1.6484 million liters, an increase of 6.36%year -on -year. Mengniu and Danan series transactions were approved by the shareholders' meeting.

On August 16, Mengniu and Yashili issued a joint announcement to disclose the latest progress with Danone series transactions. The announcement shows that the acquisition case of Mengniu low -temperature business joint venture, the Domace China sale case, and 25%of the Yashili equity acquisition case were passed at a special meeting held on the 16th. Among them, the low -temperature business acquisition case is expected to be completed on August 26, 2022.

Wanzhou International's net profit in the first half of the year rose 30% year -on -year

On August 16, Wanzhou International released its first half of its performance. In the current period, its revenue revenue was about $ 13.398 billion, an increase of 0.5%year -on -year. The company's return mother should account for $ 701 million, an increase of 30.1%year -on -year. In the first half of 2022, the sales of meat products were 1.612 million tons, and pork sales were 2.031 million tons.

The revenue of Shuanghui Development has declined in the first half of the year

On August 16, Shuanghui Development disclosed the half -annual report of 2022. In the current period, its operating income was 27.902 billion yuan, a year -on -year decrease of 19.92%; net profit was 2.73 billion yuan, a year -on -year increase of 7.62%. The development of Shuanghui said that in the first half of 2022, due to the impact of pig supply and demand relationship, pig prices dropped first and then increased. The overall sales price of fresh products of the group was affected by the decline in pig prices, a decrease of more than 30%year -on -year. During the reporting period, the Group's overall operating income decreased by 6.95 billion yuan year -on -year, a decrease of 19.9%.

Temaseki Qingcang Starbucks

According to the U.S. Securities and Exchange Commission (SEC), Temasek, a headquartered international investment company, submitted the second quarter position report (13F) in the second quarter of June 30, 2022. The latest data shows that Temasek cleared Starbucks and Saifu Shi in the second quarter.

Maiquer Explanted disclosure disclosure 2022 semi -annual report

On August 16th, McWell issued an announcement saying that the company was scheduled to disclose the semi -annual report of 2022 on August 23, 2022. Because the report has not yet been prepared, the disclosure time will be postponed to August 30, 2022.

Chengde Lulu's revenue rose 7.52% in the first half of the year

On August 15, Chengde Lulu issued an announcement that the revenue in the first half of the year was 1.462 billion yuan, a year -on -year increase of 7.52%; the net profit attributable to shareholders of the parent company was 297 million yuan, a year -on -year increase of 5%.

E -commerce retail

Pind Duo or go online cross -border e -commerce platform

On August 17, according to "Finance", Pinduoduo is preparing for the cross -border e -commerce platform. The application is expected to go online in mid -September, and the first stop is the United States. The model will follow the SHEIN of China's largest cross -border e -commerce independent station, which is in the whole category investment promotion. This is considered one of the most important strategic projects of Pinduoduo. Pinduoduo's previous most important strategic project, the number of first -level supervisors of the community group purchase business, has been transferred to the specific matters of the project out of the sea.

Luxury e -commerce monk people go to the building

On August 17, according to the Beijing Commercial Daily, the temple building that was once full of luxury goods was now empty. There were only 5 floors and some staff. The consumer rights centers were also set up in the building. Not only that, Temple has been applied for bankruptcy and reorganization twice within a year, and was frozen by former partners.

Wal -Mart's second quarter revenue was $ 152.86 billion in the second quarter

On August 16th, according to Wal -Mart's Chinese official micro -news, Wal -Mart's second quarter revenue was US $ 152.86 billion, an increase of 8.4%year -on -year; operating profit was $ 6 billion, of which, Wal -Mart's Chinese sales increased by 15.9%in the second quarter, comparable sales, which can be comparable to sales. Grow up 14.1%.

Mingchuang Youpin will pay a special interest at $ 0.043/share on September 9

On August 17, Hong Kong stocks were announced by Mingchukuyin, and the board of directors had approved special cash dividends with a amount of US $ 0.172 per share or 0.043 US dollars per share. To New York Time and Beijing/Hong Kong time on August 31, 2022, the U.S. deposit shares and ordinary shares holders at the end of the business.

Small commodity city: net profit of 1.22 billion yuan in the first half of the year increased by 43.7% year -on -year

On August 17, the small commodity city announced that the company achieved operating income of 4.207 billion yuan in the semi -annual 2022, an increase of 102.98%year -on -year; net profit was 1.222 billion yuan, a year -on -year increase of 43.70%.

Courier logistics

China Federation: It will take the development of the hydrogen energy industry as the focus of work

On August 17th, according to the China Logistics and Procurement Federation, on August 16, the 2022 Hydrogen Energy Card Ecological Conference was held in Zhangjiagang. Cai Jin, vice president of China Logistics and Procurement Federation, attended the conference and delivered a speech. He said that the China Logistics and Procurement Federation takes the development of the hydrogen energy industry as the focus of work. It is predicted that the hydrogen energy card will usher in rapid development from 2030 to 2060, and the market share will develop from thousands of vehicles to 1.23 million.

Entertainment game

Tencent Holdings's net profit in the second quarter of 18.6 billion yuan decreased by 56% year -on -year

On August 17, Tencent Holdings issued financial reports, with revenue of 134 billion yuan in the second quarter, 138.259 billion yuan in the same period last year; net profit of 18.6 billion yuan in the second quarter, 42.587 billion yuan in the same period last year, a decrease of 56%year -on -year. According to the announcement, WeChat's monthly active households continued to increase to 1.299 billion in the second quarter. In 2021, the employment opportunities derived from WeChat ecological derived reached 46.18 million, an increase of 25.4%year -on -year. Bubble Matt response: Blind box business activities will help promote the healthy development of China's tide game industry

On August 16th, according to the report of the Shanghai Stock Exchange, the "Guidelines for the Normal Box Business Activities (Trial) (Solicitation Draft)" issued by the State Administration of Market Supervision and Administration, the Bad Box Industry Leading Company Bubble Mart responded that the blind box is the blind box that the blind box is the blind box. A form of sales in the tide industry, the introduction of this opinion draft is of positive significance. Giving clear guidance at the regulatory level can make the standardized companies have clearer directions, which is conducive to creating a better business environment.

Tencent applies for registration of XR trademark

According to China Trademark Network, Tencent Technology (Shenzhen) Co., Ltd. applied for the registration of "Tencent XR", "Tencent XR WOOSA" trademark, international classification is website service and social services, and the current trademark progress is in the application. According to media reports, Tencent Holdings has established a soft and hard -and -hard XR business line. In the future, it hopes to actively try software, content, system, tool SDK, hardware and other aspects to create an industry benchmark VR products and experience.

Luxury

Chow Tai Fook Enterprise considers the sale of Australian Energy Corporation Alinta Energy

On August 17, according to media reports, Chow Tai Fook Enterprise, a subsidiary of Hong Kong rich, considers the sale of Australian Energy Energy, Australian Energy Corporation, and has commissioned Goldman Sachs to assist in selling issues. Essence

Cultural tourism

China -free: Donate 2 million yuan to the Red Cross Society of Sanya City, Hainan Province

On August 17th, China was released from China. The board of directors agreed that the company and its wholly -owned subsidiary China Exemption Group Sanya Duty Free Shop Co., Ltd. donated RMB 2 million (including some materials) to the Red Cross of Sanya City, Hainan Province.

Ctrip: The surge in the demand for car rental in summer increases by 152% compared with the epidemic

According to Ctrip's "Summer Self -driving Travel Car Insight in 2022", car rental in this season has increased by double -digit year -on -year, an increase of 152%year -on -year. Ctrip said that its car rental business covered 98%of China's prefecture -level cities, and established cooperative relationships with 4,000 merchants, providing more than 2,000 models. The group stated that its overseas business has completely returned to the level before the epidemic.

Longnan Tourism Investment is intended to issue a 35 -month US dollar bond

On August 17, Longnan Tourism Development Investment (Group) Co., Ltd. Co., Ltd. intends to issue REG S, 35 months, fixed interest rates, and high -level unsecured bonds for US dollars. The final guidance price is 6.0%.

Shaanxi Tourism Group Yan'an Cultural Tourism Industry Investment Co., Ltd. 1000 billion yuan private equity project status update

On August 17, the information platform of the Shanghai Stock Exchange's bond project showed that "Shaanxi Tourism Group Yan'an Cultural Tourism Industry Investment Co., Ltd. in 2022 for professional investors non -public issuance of rural revitalization company bonds" was updated to "feedback". The species of this project is private equity, with a plan to issue 1.0 billion yuan.

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