fishingknots| Why is Yanghe's performance far inferior to that of leading wine companies? Zhang Liandong said frankly,"The competition will become more and more fierce, and the company will actively slow down and transform."

Special topic: Yanghe Co., Ltd. releases 2023 annual report

Yanghe shares held its 2023 annual results meeting today. Some investors asked,"Why this year's companyfishingknotsIs the performance far below the average level of leading wine companies or even the industry?"

In this regard, Zhang Liandong, chairman of Yanghe Co., Ltd., said that at present, the liquor industry has entered a period of deep adjustment, trends such as "stock competition, structural growth, and brand concentration" will continue to be prominent, market competition will become increasingly fierce, and the company has taken the initiative to slow down the transformation., is for higher quality, more sustainable and healthier development. In 2024, the company will adhere to the development tone of "seeking progress while maintaining stability and promoting stability through progress" and carry out four aspects of work: first, focusing on the goal of "upward value and toward beauty in reputation", focusing on the brand growth; second, focusing on the goal of "deeply cultivating the base camp and deeply nationalizing", focusing on the increase in sales; third, focusing on the goal of "true and soft, more soft, and the most soft" quality, focusing on improving product quality; The fourth is to focus on the overall requirements of "focusing on management, improving efficiency, optimizing services, ensuring safety, and promoting development", and focus on tackling key problems, management and efficiency increase.