（记者 曾健辉） 每经头条（nbdtoutiao）——水贝黄金平台"杰我睿"兑付危机调查：40倍杠杆对赌，金价越涨平台越 亏！老板自称"还在深圳"，投资者：兑付方案本金打两折，无法接受 每经AI快讯，天佑德酒1月29日晚间发布业绩预告，预计2025年归属于上市公司股东的净利润421.35万 元~632.02万元，比上年同期下降85.00%~90.00%。业绩变动主要原因是，2025年度，白酒行业步入深度 调整周期，部分消费场景需求不足、恢复不及预期，消费需求承压。公司自有品牌中高档产品的占比下 降，预计营业收入同比下降13%以内；同时，为持续活化市场、强化终端动销、稳固品牌市场地位，公 司保持必要的市场投入力度，销售费用降幅低于营业收入降幅，叠加营收下降的影响，最终导致公司实 现归属于上市公司股东的净利润为421.35万元至632.02万元，同比下降85%~90%。 ...

最新股价：14.48元 日涨幅：+10.03% 亮点：甘肃区域性白酒（核心股）企业，拥有一定的品牌历史积淀。 酒鬼酒（000799.SZ） 白酒（核心股）板块全线飘红，多股午后涨停！消费复苏预期点燃板块热情，皇台酒业、酒鬼酒、金徽 酒、水井坊、泸州老窖、金种子酒领涨，板块整理如下： 最新股价：56.85元 皇台酒业（000995.SZ） 日涨幅：+10.00% 日涨幅：+10.01% 亮点：中国西北地区优势白酒（核心股）企业，旗下拥有"金徽"、"陇南春"两大品牌。 水井坊（600779.SH） 最新股价：41.99元 日涨幅：+10.01% 亮点：主营"水井坊"系列高端白酒（核心股），是中国知名的高端白酒品牌。 泸州老窖（000568.SZ） 最新股价：124.23元 日涨幅：+10.00% 亮点：中国馥郁香型白酒（核心股）创立者，产品具有"前浓、中清、后酱"的独特风格。 金徽酒（603919.SH） 最新股价：21.54元 亮点：浓香型白酒（核心股）鼻祖，"国窖1573"是中国白酒鉴赏标准级酒品。 金种子酒（600199.SH） 最新股价：10.30元 日涨幅：+10.04% 亮点：深耕安徽地区的白酒（核心 ...

Core Viewpoint - The A-share liquor sector experienced a significant surge, with the liquor ETF rising by 10.08% and the China Securities Liquor Index increasing by 9.79% on January 29, driven by macroeconomic expectations and seasonal factors related to the upcoming Spring Festival [1][2]. Group 1: Market Performance - 20 liquor companies saw stock price increases, with 18 reaching the daily limit, including notable gains from Kweichow Moutai (8.61% increase) and others like Jinzhongzi Liquor and Huangtai Liquor, both around 10% [1][2]. - The wholesale price of Feitian Moutai has been rising, surpassing 1600 yuan, indicating a market recovery signal as the product remains sold out on official platforms [3]. Group 2: Expert Insights - Experts attribute the price increase to a combination of Moutai's proactive price control and seasonal demand, suggesting that the liquor sector is a target for capital investment due to its cyclical nature [4]. - The overall industry is under pressure, with several companies forecasting significant declines in net profit, indicating a challenging competitive landscape and increased inventory issues [4]. Group 3: Future Outlook - Analysts suggest that the proactive inventory adjustments by liquor manufacturers and the stabilization of high-end liquor prices could lead to a healthier market development [5]. - The upcoming Spring Festival is expected to boost demand, with the liquor sector seen as a value opportunity for investors, despite the need for cautious optimism regarding long-term trends [5].

证券代码：002646 证券简称：天佑德酒 公告编号：2026-002 青海互助天佑德青稞酒股份有限公司 2025 年度业绩预告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、本期业绩预计情况 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日。 2、业绩预告情况：预计净利润为正值且属于同向下降 50%以上情形 单位：万元 | 项 | 目 | | 本报告期 | | | 上年同期 | | --- | --- | --- | --- | --- | --- | --- | | 归属于上市公司股东的净 | | | 421.35 | ～ | 632.02 | 4,213.53 | | 利润 | | 比上年同期下降 | 85.00% | ～ | 90.00% | | | 扣除非经常性损益后的净 | | | 183.39 | ～ | 275.08 | 3,816.89 | | 利润 | | 比上年同期下降 | 92.79% | ～ | 95.20% | | | 基本每股收益（元/股） | | | 0.0088 | ～ | 0.0132 ...

1月29日，天佑德酒涨5.16%，截至发稿，报9.38元/股，成交2.09亿元，换手率4.79%，总市值44.94亿 元。 资料显示，青海互助天佑德青稞酒股份有限公司位于青海省互助县威远镇西大街6号，成立日期2005年1 月27日，上市日期2011年12月22日，公司主营业务涉及青稞酒的研发、生产、销售,主要产品含互助、 天佑德、八大作坊、永庆和等系列。主营业务收入构成为：青稞白酒84.62%，其中:100元(含)以上青稞 白酒44.44%，其中:100元以下青稞白酒40.19%，其他品牌酒类13.04%，其他(补充)1.53%，葡萄酒 0.69%，其他青稞酒类0.12%。 从天佑德酒十大流通股东角度 数据显示，鹏华基金旗下1只基金位居天佑德酒十大流通股东。酒ETF（512690）三季度增持313.61万 股，持有股数927.84万股，占流通股的比例为1.95%。根据测算，今日浮盈赚取约426.81万元。 酒ETF（512690）成立日期2019年4月4日，最新规模188.77亿。今年以来亏损3.82%，同类排名 5464/5551；近一年亏损9.69%，同类排名4281/4285；成立以来收益40.21%。 ...

Group 1 - The core logic behind the current market speculation on the liquor sector is the positive expectations for sales during the upcoming Spring Festival and the highlighted value of industry bottom configurations [2][4] - As the Spring Festival approaches, traditional consumption scenarios for liquor are recovering, and institutional research reports are optimistic about the industry's recovery trend, leading to capital inflows into undervalued liquor stocks [2][4] - Various local regions have introduced supportive policies, reinforcing market confidence in the long-term development of the liquor industry [2][4] Group 2 - Some Moutai distributors have sold out their quotas for January and February, driven by pre-holiday stocking and Moutai's volume control strategy, which may lead to price increases [3] - The price of Moutai has seen a rise, with the original box price increasing by 20 yuan to 1610 yuan per bottle, while the price for loose bottles remains around 1570 yuan [3] - Citic Securities reports that the liquor industry is set to enter a marketing phase for the Spring Festival, focusing on market cultivation and consumer education to promote sales [4] Group 3 - High-end liquor brands are expected to benefit from the recovery of consumption scenarios such as business banquets and gift-giving during the Spring Festival, leading to a rebound in wholesale prices and sales [5] - Regional liquor companies are leveraging local market advantages and adjusting channel strategies to break through in a competitive environment, with some launching affordable products to meet consumer demand [5] - Service providers in liquor production areas are likely to see growth opportunities as regions promote digital transformation and cultural integration, enhancing production efficiency and brand value [5]

| 名称 | | 现价 涨跌幅 | 涨跌 | | --- | --- | --- | --- | | 营导演业 | 14.48 | 10.03% | 1.32 | | 泸州老窖 | 120.97 | 7.11% | 8.03 | | 酒鬼酒 | 55.33 | 7.06% | 3.65 | | 古井贡酒 | 133.00 | 5.57% | 7.02 | | 実得漫』 | 57.12 | 5.62% | 3.04 | | 水井坊 | 40.28 | 5.53% | 2.11 | | 贵州茅台 | 1386.98 | 4.78% | 63.29 | | 金徽酒 | 20.45 | 4.44% | 0.87 | | 山西汾酒 | 168.07 | 4.20% | 6.78 | | 天佑德酒 | 9.21 | 3.25% | 0.29 | | 顺鑫农业 | 14.89 | 2.97% | 0.43 | | 今世缘 | 33.18 | 2.98% | 0.96 | | 五粮液 | 103.59 | 2.87% | 2.89 | 消息面上，飞天茅台价格节前连续上涨，整箱批价突破1600元。第三方报价平台显示，1月29日 ...

1月29日，白酒股午后持续拉升，截至发稿，白酒指数涨超4%，个股全线飘红。 消息面上， 飞天茅台价格节前连续上涨，整箱批价突破1600元。 第三方报价平台显示，1月29日， 2026年原箱茅台价格单瓶价格上涨20元为1610元/瓶，回升到1600元以上，散瓶的价格保持在1570 元/瓶，前几日茅台的批价还稳定在1550元/瓶左右。记者在"i茅台"平台看到，1499元的普茅连续第 29天在多次秒空后显示售罄。 编辑丨瑜见 | 名称 | | 现价 涨跌幅 ▼ | 涨跌 | | --- | --- | --- | --- | | 量台酒业 | 14.48 | 10.03% | 1.32 | | 泸州老窖 | 120.97 | 7.11% | 8.03 | | 酒鬼酒 | 55.33 | 7.06% | 3.65 | | 古井贡酒 | 133.00 | 5.57% | 7.02 | | 舍得酒』 | 57.12 | 5.62% | 3.04 | | 水井坊 | 40.28 | 5.53% | 2.11 | | 贵州茅台 | 1386.98 | 4.78% | 63.29 | | 金徽酒 | 20.45 | 4.44% ...

证券之星消息，1月28日白酒板块较上一交易日下跌0.79%，*ST岩石领跌。当日上证指数报收于 4151.24，上涨0.27%。深证成指报收于14342.9，上涨0.09%。白酒板块个股涨跌见下表： 从资金流向上来看，当日白酒板块主力资金净流出12.38亿元，游资资金净流入13.56亿元，散户资金净流 出1.18亿元。白酒板块个股资金流向见下表： | 代码 | 名称 | 主力净流入 (元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 000568 泸州老窖 | | 1.07 Z | 6.89% | -6686.18万 | -4.29% | -4056.45万 | -2.60% | | 600809 山西汾酒 | | 7464.03万 | 5.95% | 1.05亿 | 8.38% | -1.80亿 | -14.33% | | 000995 | 皇台酒业 | 2633.56万 | 12.95% | -253.88万 | -1.25% | -2379.67万 ...

Core Viewpoint - The A-share market has seen a rise in liquor stocks, with notable increases in several companies, indicating positive market sentiment in the sector [1]. Group 1: Stock Performance - Huangtai Liquor Industry (000995) increased by 6.69%, with a total market capitalization of 2.375 billion [2] - Gujing Gongjiu (000596) rose by 2.90%, with a market cap of 67.1 billion, but has a year-to-date decline of 4.31% [2] - Shede Liquor (600702) saw a 2.73% increase, with a market cap of 18.1 billion and a year-to-date decline of 3.26% [2] - Jinzongzi Liquor (600199) increased by 2.38%, with a market cap of 6.223 billion and a year-to-date decline of 2.27% [2] - Shuijingfang (600779) rose by 2.18%, with a market cap of 18.7 billion and a year-to-date change of -0.08% [2] - Jiugui Liquor (000799) increased by 1.68%, with a market cap of 16.9 billion and a year-to-date decline of 4.53% [2] - Shunxin Agriculture (000860) rose by 1.60%, with a market cap of 10.9 billion and no change year-to-date [2] - Tianyoude Liquor (002646) increased by 1.47%, with a market cap of 4.298 billion and a year-to-date increase of 3.70% [2] - Luzhou Laojiao (000568) saw a 1.32% increase, with a market cap of 167.6 billion and a year-to-date decline of 2.05% [2] - Laobaigan Liquor (600559) increased by 1.30%, with a market cap of 1.43 billion and a year-to-date decline of 2.68% [2] Group 2: Market Signals - The MACD golden cross signal has formed, indicating a positive trend for these stocks [1].