Luzhou Laojiao said during an investor relations event that since the second half of last year, the company has strengthened the joint management of channel quotas and bottle opening volume. Through fine control of “sales allocation and quota-linked sales”, total channel inventory has continued to decline; with continuous improvement in bottling sales and gradual digestion of the rolling base in the second half of last year, inventory will return to a healthy level.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.