As the end of the year approaches, the annual dealer conferences of various Baijiu companies are gradually unfolding. On December 25, the 2025 National Dealer Friendship Conference of Kweichow Moutai was held in Guiyang. Recently, Yibin Wuliangye Co., Ltd., Guizhou Xijiu Co., Ltd., and Guizhou Tangzhuang Liquor Co., Ltd. have also successively held dealer conferences. Based on the collected information, 2025 may be a key year for the Baijiu Industry to face challenges, as transformation implementation, promotion of product balance in volume and price, and nurturing of the Consumer market have been frequently mentioned in the dealer conferences of various liquor companies. It is noteworthy that the information revealed from the dealer conferences indicates that breaking the profit difficulties of dealers is a common voice of liquor companies. Among them, Guizhou Xijiu stated that it will pay more attention to the interests of dealers, finding ways to support those dealers who are united and aligned with Xijiu; Kweichow Moutai's market work for 2025 will emphasize "the same aspirations from top to bottom, and unity between manufacturers and dealers." (Securities Daily)