Gelonghui on September 19th | Baijiu stocks surged today, with Shanxi Xinghuacun Fen Wine Factory (600809.SH) once rising by about 7% in the session, currently trading at 155.8 yuan, with a temporary turnover of 10.8 billion yuan, exceeding yesterday's full-day turnover, with a total market value exceeding 190 billion yuan. Guotai Junan Securities (Hong Kong) recently issued research reports stating that Shanxi Xinghuacun Fen Wine Factory's first-half revenue met expectations. In terms of product categories, high-priced baijiu achieved an income of 16.43 billion, a year-on-year increase of 17.4%. In addition to the leading Qinghua series, the company has strengthened the development of mid-range products this year, and the Laobaifen and Panama series have performed well. Currently, the operation of the company is stable, and the pace of payment and delivery is normal. The company is expected to strengthen overall management in the second half of the year, optimize channel management, and stimulate the vitality of the sales team. Open Source Securities indicated that online sales of alcohol were good in August, with Alibaba's alcohol industry online sales reaching 8 billion yuan, a 5.0% increase year-on-year in August.