Only 6 out of the 22 listed liquor companies made a profit.

Recently, listed liquor companies have all disclosed their semi-annual reports, and the fact that growth has slowed down has become undeniable. Among the 22 listed liquor companies, only 6 have maintained positive revenue and profit growth, with the industry facing pressure as it undergoes deep adjustments. In the face of the current difficulties, liquor companies are actively seeking to break through by rejuvenating and reducing alcohol content. Instant retail, banquet markets, and reduced alcohol content have become the three key words in the liquor industry for the first half of the year. Whether this is a "strong medicine" or a "remedy" still needs time to be verified. The liquor industry as a whole is in a period of deep adjustment with the "three-layer combination". Among the 22 listed liquor companies, only 6 have maintained positive revenue and profit growth in the first half of the year. These 6 companies are Guizhou Maotai, Wuliangye, Shanxi Fenjiu, Gujinggong Jiu, Laobaigan Jiu, and Jin Hui Jiu. Some of these companies are leading liquor companies, while others are regional leaders. This indicates that, although the concentration of the liquor industry has been increasing in recent years, there are still structural opportunities available.