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Jiu Gui Jiu responds to the pressure on performance in the first half of the year: industry competition intensifies, and the company is in a period of transformation.
Jin10 data reported on August 5th that the investor relations activity record released by Jiu Gui Jiu revealed the reasons for the pressure on the company's performance in the first half of this year. "On one hand, the industry is still in an adjustment period, with a significant weakening in demand for liquor consumption, intensified industry competition, and the Matthew effect becoming more pronounced. On the other hand, the company is still in a transitional phase, and the new momentum driven by C-end sales to boost performance growth will still require time."