Chongqing Beer President Li Zhigang: Cautiously optimistic about the prospects of the beer industry in 2025.

Chongqing Brewery held a performance briefing for the year 2024 and the first quarter of 2025. The company's president and director, Li Zhigang, stated that currently, the company holds a cautious and optimistic attitude towards the prospects of the beer industry in 2025. In 2025, with the gradual improvement of the external environment and the continued implementation of stable growth policies, the Chinese beer industry will have a more favorable development environment. However, challenges such as intensified competition, fluctuating costs, and slower-than-expected consumption recovery still pose uncertainties.