中证白酒

Baijiu Industry Continues to Decline in 2025, Shows Initial Improvement in Q1 2026

WLY released FY2026 Q1 earnings on April 30 After-Market (BJT), actual revenue CNY 22.84 B (forecast CNY 26.9 B), actual EPS CNY 2.0772 (forecast CNY 2.885)

SCSF released FY2026 Q1 earnings on April 29 After-Market BJT, actual revenue CNY 815.83 M, actual EPS CNY 0.353

SHANXI FEN WINE released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 14.92 B (forecast CNY 15.85 B), actual EPS CNY 4.41 (forecast CNY 4.2)

SCSF released FY2025 Annual Earnings on April 29 After-Market (BJT), Actual Revenue: CNY 3.038 B (Forecast: CNY 3.371 B), Actual EPS: CNY 0.8377 (Forecast: CNY 0.933)

SCSF released FY2025 Q4 earnings on April 29 After-Market (BJT), actual revenue CNY 689.69 M (forecast CNY 689.92 M), actual EPS CNY 0.1648 (forecast CNY 0.1652)

AGSW released FY2025 Annual Earnings on April 28, 2026 (BJT), actual revenue CNY 722.03 M (forecast CNY 757 M), actual EPS CNY -0.3 (forecast CNY -0.27)

SHUNXIN AGRICULTURE released FY2025 Q4 earnings on April 28, 2026 (BJT), with actual revenue of CNY 1.355 B and EPS of CNY -0.309

LZLJ released FY2025 Q4 earnings on April 28 (BJT), actual revenue CNY 2.604 B (forecast CNY 3.994 B), actual EPS CNY 0.0464 (forecast CNY 0.9655)

LZLJ released FY2025 annual earnings on April 28 (BJT), actual revenue CNY 25.73 B (forecast CNY 28.09 B), actual EPS CNY 7.36 (forecast CNY 8.0818)

顺鑫农业于 2026 年 4 月 28 日 (北京时间) 发布了 2026 财年第 1 季度业绩，实际营收 24.11 亿 CNY，实际 EPS 0.156 CNY

SHUNXIN AGRICULTURE released FY2025 earnings on April 28 (BJT), actual revenue CNY 7.224 B (forecast CNY 7.644 B), actual EPS CNY -0.2054 (forecast CNY -0.08)

AGSW released FY2025 Q4 earnings on April 28, 2026 (BJT) with actual revenue of CNY 94.06 M and EPS of CNY -0.1537

AGSW released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 190.25 M, actual EPS CNY -0.0232

JGJC released FY2025 earnings on April 28 After-Market (BJT), actual revenue CNY 1.108 B (forecast CNY 1.165 B), actual EPS CNY -0.1045 (forecast CNY 0.0875)

WLY released FY2025 earnings on April 28 After-Market (BJT), actual revenue CNY 40.53 B (forecast CNY 76.06 B), actual EPS CNY 2.3068 (forecast CNY 6.722)

WLY released FY2025 Q4 earnings on April 28 After-Market (BJT), actual revenue CNY -20.42 B (forecast CNY 12.04 B), actual EPS CNY -3.2344 (forecast CNY 1.0444)

King’s Luck released FY2025 Q4 earnings on April 28 After-Market (BJT), actual revenue CNY 1.3 B (forecast CNY 1.295 B), actual EPS CNY 0.0438 (forecast CNY 0.2)

King’s Luck released FY2025 annual earnings on April 28 After-Market BJT, actual revenue CNY 10.18 B (forecast CNY 10.16 B), actual EPS CNY 2.0883 (forecast CNY 2.1614)

JGJC released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 317.27 M, actual EPS CNY 0.1021

512690

On May 27th, the A-share market experienced extreme differentiation, with the Shanghai Composite Index falling by 1.25%. Technology stocks suffered heavy losses, with the STAR Market 50 plummeting by 2.80%. In contrast, consumer defensive stocks performed strongly, with the liquor index rising by 2.05%. In terms of ETFs, the Nasdaq 100 ETF increased by 1.83%, while the semiconductor equipment ETF plummeted by 4.47%. Market sentiment is weak, with technology stocks significantly declining due to profit-taking at high levels and capital outflows

同壁财经

Penghua CSI Alcoholic Drink ETF

SSE Index

STAR 50

China Merchants NASDAQ 100 ETF(QDII)

China Merchants Guozheng Food and Beverage ETF

China Merchants CSI Photovoltaic Industry ETF

China Merchants CSI Semiconductor Industry ETF

China Merchants CSI Nonferrous Metal Mining ETF

China Merchants CSI Robot ETF

China Merchants SSE Science and Technology Innovation Board 50 Enhanced Strategy ETF

AMEC

GIGADEVICE

Micron Tech

HUAXI Securities

5.27 ETF Review | Technology stocks face a sell-off at high levels, while consumer defensives rise against the trend

161725

CITIC Construction Investment analyst Yang Ju pointed out that in 2025, the liquor industry will undergo a deep adjustment, with overall performance declining year-on-year and production decreasing by 12.1%. Traditional distributors are under pressure, but new channels such as live e-commerce and instant retail are experiencing significant growth. In terms of products, liquor companies are focusing on health and youthfulness, with low-alcohol and bottled liquor rapidly growing. Looking ahead to 2026, Yang Ju believes it will be the year of recovery for the liquor industry, and outstanding companies are expected to achieve performance improvement in the second quarter

腾讯新闻 - 财经

China Merchants CSI Liquor Index Fund-A

CITIC Construction Investment Yang Ju: The liquor industry welcomes its year of recovery, and there will be an opportunity for a decade-long bottom in investment

The Ministry of Industry and Information Technology, the Ministry of Human Resources and Social Security, and the State Administration for Market Regulation issued the "Guiding Opinions on Improving and Upgrading the Liquor Industry," supporting the establishment of national-level development zones in qualified liquor industry clusters, encouraging localities to tap into resource advantages, clarify development positioning, promote diversification and differentiated development of the industry, optimize production area layout, and enhance public service capabilities

Wallstreetcn

Three departments: Support the creation of national-level development zones for liquor industry agglomeration areas with conditions

中证白酒(399997.SZ)

5.27 ETF Review | Technology stocks face a sell-off at high levels, while consumer defensives rise against the trend

CITIC Construction Investment Yang Ju: The liquor industry welcomes its year of recovery, and there will be an opportunity for a decade-long bottom in investment

Three departments: Support the creation of national-level development zones for liquor industry agglomeration areas with conditions