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WLY announced an adjustment to the price of the eighth generation WLY, with the invoice price reduced to 900 yuan per bottle, while the payment price remains unchanged. This move is seen as a "disguised official price reduction" and marks the first price cut in ten years. Industry insiders say that the serious price inversion has led to this adjustment, which will help alleviate pressure on distributors. WLY's revenue and net profit both declined in the first three quarters of this year, marking the first negative revenue growth since 2015
Muyuan Foods' November hog sales down 20.4% Y/Y
