Gelonghui, March 18 | Tianfeng Securities Research Report indicates that Baiyunshan (600332.SZ)'s performance has been growing steadily in 23 years, and all major sectors have gone hand in hand to maintain a “buy” rating. In 2023, the company will continue to reduce production costs and improve economic efficiency by optimizing procurement strategies, technological transformation, and process reengineering, etc., which is expected to further enhance management efficiency and improve the quality of development. The company's health sector seizes market opportunities for consumption recovery, deepens core channels, strengthens holiday marketing and promotion of popular products, and establishes the foundation for the development of Wang Laoji herbal tea. At the same time, the company focuses on youthful construction, innovates a youthful marketing model, lays out a variety of new products, and launches new products such as camellia flavored herbal tea, rattan pepper green tea, and durian style herbal tea to further accelerate the brand internationalization process.
研报掘金丨天风证券：白云山23年业绩稳健增长，各大板块齐头并进，维持“买入”评级
Research Report Nuggets丨Tianfeng Securities: Baiyunshan's performance has grown steadily in 23 years, and all major sectors have gone hand in hand to maintain a “buy” rating
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