Bank of China Securities released a research report on April 26 stating that Pearl River Brewery (002461.SZ) was rated as increasing its holdings. The main reasons for the rating include: 1) 1Q24 sales growth slowed and tonnage prices achieved a high increase; 2) a steady increase in gross margin, a decrease in asset impairment losses, and a significant increase in net interest rate to mother. 1) Cost side; 3) The main beer industry is expected to continue the sharp rise in volume and price, and focus on the collaborative development of beer sales and the cultural industry. (Mainichi Keizai Shimbun)