The wine industry has maintained a rapid development trend. Changyu, Dynasty, and Great Wall occupy half of the country. However, Xintian International, which has a large raw material advantage, has not succeeded in its past strategy of trying to create a “new world” for Chinese wine. The company is making major strategic adjustments, developing the wine industry as the company's primary business, and shrinking and divesting unrelated businesses. Reposition wine as the middle and high-end, and focus on making breakthroughs in channels such as catering and group consumption. The company adjusted the wine industry sales system and set a high growth target. The 2006 wine sales target was 950 million yuan. The China Development Bank will provide policy loans to improve the debt structure. Group companies also have many high-quality assets, so they may choose the opportunity to inject them into listed companies. The company's performance is expected to reach an inflection point, and a “recommended” rating will be given for the time being.
【平安证券】G新天:有望步入业绩拐点
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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