The Zhitong Finance App learned that Zhenjiu Li Du (06979) rose more than 4%. As of press release, it had risen 4.11% to HK$8.24, with a turnover of HK$21.237,800.

In terms of news, according to CICC's recent exchanges, demand in the Mid-Autumn Festival National Day liquor industry is generally weak, while Zhenjiu is bucking the trend. The bank expects sales to increase 15% + year over year, mainly due to continued implementation of the advantages of the Dazhen model, and initial results were seen after Zhen 15 introduced the “Moon Moon Red” model in the first half of the year. Furthermore, the channel inventory of Zhenjiu has been drastically reduced over the past year, and the enthusiasm of merchants to prepare goods has improved. Li Du continued the growth momentum of rapid expansion in the first half of the year. The bank expects sales growth of more than 30% year-on-year, mainly due to the contribution of second-tier Lidu Sorghum 1975 and 200 yuan Volkswagen series products.

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