Lates News

According to a report released by Cinda Securities on April 26, Wuliangye (000858.SZ) has been given a buy rating. The reasons for the rating mainly include: 1) Company adjusting prices in response to industry changes; 2) Wuliangye brand driving growth through multiple rounds, focusing on high-end products; 3) Establishing a vertical control system and accelerating marketing reforms; 4) Optimizing quota allocation mechanism and advancing channel development. (Daily Economic News)