Shanxi Fenjiu: Net profit in 2024 increased by 17.29% to a new high, the first phase of revitalization goals successfully achieved.

Shanxi Fenjiu announced in the evening that in 2024, the company achieved a revenue of 36.11 billion yuan, an increase of 12.79% year-on-year; net profit attributable to shareholders was 12.243 billion yuan, an increase of 17.29% year-on-year. A total of 36 yuan cash dividend per 10 shares is proposed to be distributed to all shareholders. On the same day, the company released its first quarter report, showing a revenue of 16.522 billion yuan, an increase of 7.72% year-on-year; net profit attributable to shareholders was 6.648 billion yuan, an increase of 6.15% year-on-year. In 2024, Shanxi Fenjiu's revenue ranked among the top three in the industry, achieving the first phase goal of "fast and well-rooted in the forefront of China's liquor industry revival". Shanxi Fenjiu stated that in 2024, the company aims for high-quality development, deepening nationalization, continuous increase in 10 billion yuan market, steady breakthrough in core markets south of the Yangtze River, significant improvement in development quality, and continuous consolidation of core competitive advantages.