December 14 news, the food and beverage plate strengthened in the morning, as of press release, Laiyi, Ganyuan Food has risen limit, Jiahe Food, Panda Dairy, plus Food, Plum Garden and so on rose.

On the face of the news, Huachuang Securities expects that the food and beverage industry will move from predicament to rebirth in 2022. In the past 21 years, food and beverage experienced the triple dilemma of falling demand, rising cost and digestion of valuation, and the overall performance of the sector was at the bottom of the market. Looking ahead to next year, although the pace of the pick-up in demand is still uncertain, as the cost pressure has been transmitted, it marks that the period of maximum operating pressure has passed, and under the reasonable background of sector valuations, we believe that there will be more investment opportunities next year than this year.