On May 10, Gelunhui reported that Luzhou Laojiao held a performance briefing for 2023. During the meeting, an investor asked why the company's top dealer had such a large market share. In response, director Liu Miao explained that the company established a cooperative relationship with primary dealers based on product lines and regions. The company directly supplies primary dealers, who sell to downstream customers and terminal outlets. The annual sales contract follows the agreed-upon terms of the sales business between the two parties.