Jiugui Liquor: The company's collaboration with Pang Donglai in product sales is booming, and will accelerate the development of innovative products such as mass-market liquor, low-alcohol liquor, and small liquor.

In the investor relations activity record of Jiugui Liquor, it is stated that the joint product "Jiugui Freedom Love" collaborated with Pangdonglai is selling well, and the current production and supply situation is normal. The company's performance has been under pressure in the past two years mainly due to the deep adjustment period in the liquor industry, weak consumption, intensified industry competition, and the ongoing transition of the company's marketing model. In the second half of the year, the company will continue to promote the reform of the marketing model of BC linkage, strengthen channel construction and terminal sales, in order to improve the company's performance. At the same time, the company will accelerate the development of innovative products such as popular wine, low-alcohol wine, and small wine to meet the personalized needs of young consumers and self-drinkers.