Gelonghui May 10 | Luzhou Laojiao held the 2023 annual results briefing. At the meeting, some investors asked about the company's long-term loans in the last 2 years, specifically what kind of projects is it planning to use for construction? In response, Chairman Liu Miao replied that the company is currently in a period of business expansion. According to actual operating conditions, it uses lower-cost loan funds, combined with its own funds to carry out important project construction, and carries out reasonable cash management according to the project schedule. Moderately increasing financial leverage and optimizing the capital structure under the premise that risk is manageable is conducive to increasing return on capital and the company's net profit.