Exclusive | Pang Donglai is in talks with Jiugui Liquor for a new product priced at 600 yuan.

Sina Finance "Industry Insider" exclusively learned that Pandadoc and Jiugui Liquor are planning to launch a new high-end white liquor product. Informed sources revealed: "The new product is priced at 600-800 yuan, and the two parties have been negotiating on this product for some time." In July last year, Jiugui Liquor and Pandadoc launched their first joint product "JiuguiFreedom Love". The product is aimed at the mass market, priced at 200 yuan, with a comprehensive cost of 168.26 yuan and a gross profit margin of 15.87%. The new product was once hot-selling after its launch, and both online and offline experienced a brief shortage.