Zhixun Finance APP learned that Lyon released a research report stating that due to the unclear details of the current consumer vouchers, it is difficult to determine the impact of relevant policies on downstream enterprise sales. However, it is considered a positive catalyst for the dairy industry stocks and also a bullish factor that has boosted market sentiment recently. The bank gives a bullish rating to Mengniu Dairy (02319), Inner Mongolia Yili Industrial Group (600887.SH), and Ch Modern D (01117) for outperforming the market.

The bank pointed out that the Ministry of Agriculture and six other departments jointly issued a "Notice on Promoting the Stable Development of Beef and Dairy Production," believing that the purpose of the notice is to support upstream pastures through the industry's downturn, mainly due to the decline in raw milk prices since 2022 and the current situation where about 80% of upstream pastures are experiencing net losses. Lyon emphasizes that the notice aims to stimulate dairy product consumption, which can not only boost downstream enterprise sales in the short term but also effectively improve the current imbalance between supply and demand for raw milk.