证券代码：601579 证券简称：会稽山 公告编号：2026-003 重要内容提示： 会稽山绍兴酒股份有限公司 关于公司独立董事离任的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 特此公告。 会稽山绍兴酒股份有限公司董事会 会稽山绍兴酒股份有限公司（以下简称公司）董事会于2026年1月12日收到独立董事刘勇先生递交的书 面辞呈。刘勇先生因个人原因，申请辞去公司第六届董事会独立董事、审计委员会召集人、薪酬与考核 委员会成员。刘勇先生辞去上述职务后，将不在公司担任任何职务。 一、董事离任情况 (一)提前离任的基本情况 ■ (二)离任对公司的影响 公司董事会于2026年1月12日收到公司独立董事刘勇先生递交的书面辞呈，刘勇先生因个人原因，申请 辞去公司第六届董事会独立董事、审计委员会召集人、薪酬与考核委员会成员。刘勇先生辞去上述职务 后，将不在公司担任任何职务。刘勇先生在其任职期间，与公司、董事会无意见分歧，亦不存在与其辞 任有关的其他事宜需提请公司股东和债权人注意。刘勇先生将按照公司相关规定做好交接工作，其辞任 不会影响公 ...

Investment Rating - The industry investment rating is "Positive" and is maintained [8] Core Viewpoints - The liquor sector is currently experiencing a phase of "supply optimization and weak demand recovery," with inventory destocking ongoing in Q4. Short-term price recovery is expected due to controlled supply from Moutai, with attention on Spring Festival sales and inventory movement [2][5] - The demand for mass-market products is expected to show marginal improvement, with January anticipated to see a strong start due to delayed Spring Festival stocking [2][5] - The report recommends focusing on products with strong seasonal effects and high performance realization, particularly in sectors like leisure snacks, restaurant supply chains, condiments, soft drinks, and dairy products [4][26] Summary by Sections Spring Festival Stocking Strategy - The Spring Festival stocking strategy should focus on products with strong seasonal effects and high performance realization. The timing of the Spring Festival can impact the performance of listed companies, especially in years when it falls later in the calendar [4][15] - Products with clear gifting scenarios and positive market sentiment in specific segments are prioritized for opportunity selection. The continuation of the post-Spring Festival market will depend on actual sales and positive Q1 performance feedback [4][26] CPI Trends - The food CPI has been strengthening since December, surpassing service and overall CPI. This trend is supported by supply clearing in certain items and seasonal demand recovery, which together bolster price improvements [32][34] - The CPI-PPI differential remains positive, supporting the continued improvement in profitability for food manufacturing companies [37] Market Performance Review - Since the beginning of 2026, the food and beverage index has increased by 2.21%, lagging behind the CSI 300, which rose by 2.79%. The performance of the liquor sector has remained stable, while the dairy sector has seen declines [6][40] - Soft drinks and leisure snacks have led the market in terms of growth related to Spring Festival stocking, while dairy and meat products have experienced declines [6][40] Industry Dynamics - The industry is increasingly focused on value deepening and structural optimization. Companies are prioritizing supply-demand balance, healthy pricing systems, and profit structure improvements rather than merely pursuing sales growth [7][46] - Food safety and supply chain resilience remain foundational to brand trust, highlighted by recent global recalls and supply chain disruptions [7][46]

证券代码：601579 证券简称：会稽山 公告编号：2026-002 会稽山绍兴酒股份有限公司 关于独立董事因非本公司事项收到 《行政处罚决定书》的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 刘勇先生自 2023 年 2 月以来担任公司独立董事，上述行政处罚事项与本公 司无关，不会对本公司的日常经营活动产生影响。 特此公告。 会稽山绍兴酒股份有限公司董事会 二〇二六年一月十三日 会稽山绍兴酒股份有限公司（以下简称公司）近日收到独立董事刘勇先生的 通知，其于近日收到中国证券监督管理委员会下发的《行政处罚决定书》（[2025] 153 号）。因公证天业会计师事务所(特殊普通合伙)在苏州华道生物药业股份有 限公司创业板首次公开发行股票并上市的执业违法行为，依据《中华人民共和国 证券法》第二百一十三条第三款的规定，刘勇先生作为直接负责的主管人员，被 给予警告，并处以 40 万元罚款。 ...

证券代码：601579 证券简称：会稽山 公告编号：2026-003 一、董事离任情况 (一) 提前离任的基本情况 | 姓名 | 离任职 务 | 离任时间 | 原定任期 到期日 | 离任原因 | 是否继续在 上市公司及 其控股子公 司任职 | 具体职务 （如适用） | 是否存 在未履 行完毕 的公开 承诺 | | --- | --- | --- | --- | --- | --- | --- | --- | | 刘勇 | 独立董 | 2026 年 1 | 2026 年 2 | 个人原因 | 否 | 不适用 | 否 | | | 事、董事 | 月 12 日 | 月 22 日 | | | | | | | 会专门 | | | | | | | | | 委员会 | | | | | | | | | 相关职 | | | | | | | | | 务 | | | | | | | (二) 离任对公司的影响 公司董事会于 2026 年 1 月 12 日收到公司独立董事刘勇先生递交的书面辞呈， 刘勇先生因个人原因，申请辞去公司第六届董事会独立董事、审计委员会召集人、 薪酬与考核委员会成员。刘勇先生辞去上述职务后，将不在公司担任任何职务 ...

Investment Rating - The report maintains a "Recommendation" rating for the food and beverage industry, indicating an expected increase in the industry index exceeding the benchmark index by more than 5% in the next 3-6 months [26]. Core Insights - The report emphasizes that the remaining brands in the sauce liquor sector will thrive, while mass-market products are expected to benefit from the upcoming Spring Festival [2][8]. - The dairy sector is showing signs of improvement, with a potential rebound in raw milk prices and a narrowing supply-demand gap, which could lead to increased demand for processed dairy products [6]. - The beverage and snack categories are experiencing sustained growth, with specific segments like energy drinks and konjac snacks showing remarkable sales increases despite overall declines in the snack market [6]. - The report highlights a significant shift in the sauce liquor industry, where pricing strategies are becoming more pragmatic, with a new growth level emerging around the 200 yuan price point as lower-tier brands face market exit pressures [6][8]. - The report suggests that leading liquor companies should maintain operational stability during this industry downturn, focusing on balanced investments in base liquor to prepare for future market recovery [8]. Summary by Sections Industry Overview - The food and beverage sector consists of 126 listed companies with a total market capitalization of 44,935.30 billion yuan, representing 3.54% of the market [3]. - The circulating market value stands at 43,859.19 billion yuan, accounting for 4.28% of the total market [3]. Performance Metrics - The absolute performance of the industry over the past month is 1.3%, with a relative performance decline of 2.2% compared to the benchmark [4]. - Over the past 12 months, the industry has seen a relative performance decline of 25.2% [4]. Sector-Specific Insights - Dairy products are expected to benefit from a favorable pricing environment and improved supply dynamics, with major companies actively preparing for the Spring Festival [6]. - The beverage sector is witnessing growth in specific categories, with leading brands launching targeted marketing campaigns for the holiday season [6]. - The sauce liquor market is undergoing a consolidation phase, with a focus on brand strength and market share recovery among leading companies [6][8].

Market Overview - The non-liquor sector increased by 0.7% compared to the previous trading day, with CITIC Niyah leading the gains [1] - The Shanghai Composite Index closed at 4165.29, up by 1.09%, while the Shenzhen Component Index closed at 14366.91, up by 1.75% [1] Stock Performance - CITIC Niyah (600084) closed at 5.50, with a rise of 3.58% and a trading volume of 88,100 shares, amounting to a transaction value of 47.58 million yuan [1] - Other notable performers include: - Huichuan Beer (600573) at 12.14, up 1.76% with a transaction value of 138 million yuan [1] - Bailun Co. (002568) at 22.40, up 1.63% with a transaction value of 212 million yuan [1] - Guo Yue Longshan (600059) at 9.40, up 1.08% with a transaction value of 114 million yuan [1] Capital Flow - The non-liquor sector experienced a net outflow of 5.53 million yuan from institutional investors, while retail investors saw a net inflow of 48.56 million yuan [2] - The capital flow for specific stocks shows: - Guo Yue Longshan had a net inflow of 589.39 thousand yuan from retail investors [3] - Chongqing Beer (600132) had a net outflow of 581.71 thousand yuan from institutional investors [3] - ST Xifa (000752) saw a significant net outflow of 319.82 thousand yuan from institutional investors [3]

Group 1 - The core viewpoint of the news is that Kuaijishan has shown fluctuations in its stock performance and financing activities, indicating a mixed sentiment among investors [1][2] - As of January 9, Kuaijishan's stock price increased by 0.92%, with a trading volume of 229 million yuan, while the net financing buy was negative at -11.78 million yuan [1] - The total financing and margin trading balance for Kuaijishan reached 587 million yuan, which is 5.87% of its market capitalization, indicating a low financing balance compared to the past year [1] Group 2 - As of September 30, Kuaijishan reported a total revenue of 1.212 billion yuan for the first nine months of 2025, reflecting a year-on-year growth of 14.12%, while the net profit attributable to shareholders was 116 million yuan, up 3.23% [2] - The number of shareholders increased by 14.94% to 29,900, while the average circulating shares per person decreased by 13.00% to 16,025 shares [2] - Kuaijishan has distributed a total of 793 million yuan in dividends since its A-share listing, with 431 million yuan distributed over the past three years [2]

Group 1 - The core viewpoint of the article highlights that despite the cooling of the bubble in the yellow wine market, the company Kuaijishan, led by Fu Zukang, aims to achieve a revenue target of 200 million yuan [1] Group 2 - The yellow wine industry has experienced fluctuations, with recent trends indicating a decline in market enthusiasm, prompting companies to adjust their strategies [1] - Kuaijishan's leadership is focused on innovation and expanding market presence to counteract the current market challenges [1] - The company is implementing new marketing strategies and product development initiatives to attract consumers and boost sales [1]

Group 1 - The core point of the article highlights that despite a downturn in the industry, some liquor companies are setting ambitious sales targets for the new year [1] - Kuaijishan's innovative product "Yiri Yixun" sparkling yellow wine achieved sales of over 100 million yuan last year and aims for 200 million yuan this year [2] - The product, launched in mid-2023, is part of the company's strategy to attract younger consumers, with a low alcohol content of 8 degrees and a retail price of 11 yuan per bottle [2] Group 2 - Initial sales were modest until a collaboration with influencers during the 2024 "618" shopping festival led to sales of 10 million yuan in just three days, significantly raising market awareness [2] - Despite rapid sales growth, the actual contribution to Kuaijishan's overall performance remains limited, with the sparkling wine segment generating 150 million yuan, accounting for about 12% of total revenue in the first three quarters of 2025 [7] - The competitive landscape is intensifying, with other major players in the yellow wine sector, such as Guyue Longshan and Jinfeng Wine, also launching similar products, which may pressure Kuaijishan's market position [7][9] Group 3 - The yellow wine industry is experiencing transformation anxiety, characterized by a small market size and low acceptance, with development historically concentrated in the Jiangsu, Zhejiang, and Shanghai regions [9] - The three major players in the yellow wine market have not exceeded 2 billion yuan in revenue, with Kuaijishan recently surpassing Guyue Longshan to become the industry leader with 1.212 billion yuan in revenue [9] - The competitive adjustments in the market raise uncertainties about Kuaijishan's ability to maintain its competitive advantage [9]

登录新浪财经APP 搜索【信披】查看更多考评等级 重要内容提示： ●会稽山绍兴酒股份有限公司（以下简称公司或会稽山）控股股东中建信（浙江）创业投资有限公司(以 下简称中建信浙江公司)持有公司股份149,158,200股，占公司总股本的31.11%。本次质押公司股份 5,800,000股后，公司控股股东中建信浙江公司累计质押本公司股份110,861,640股，占其持有公司股份总 数的74.32%，占公司总股本的23.12%。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 一、本次股份质押的情况 （一）本次股份质押基本情况 2026年1月6日，公司控股股东中建信浙江公司在中国证券登记结算有限责任公司上海分公司办理了将其 所持有的公司部分股份质押给中国工商银行股份有限公司绍兴柯桥支行的质押登记手续。 ■ 上述股份质押主要用途是企业生产经营所需，不存在被用作重大资产重组业绩补偿等事项的担保或其他 保障用途。 （二）股东累计质押股份情况 截至本公告披露日，控股股东累计质押股份情况如下： （二）公司控股股东资信状况良好，具备相应的 ...