Distillers and Vintners

Changyu

Changyu released FY2026 Q1 earnings on April 27 After-Market (BJT), actual revenue CNY 878.12 M, actual EPS CNY 0.23

Changyu to Release FY2026 Q1 Earnings on April 28 After-Market (BJT)

Changyu released FY2025 Annual Earnings on April 17 After-Market (BJT), actual revenue CNY 2.989 B (forecast CNY 5.183 B), actual EPS CNY 0.1075 (forecast CNY 0.87)

Changyu released FY2025 Q4 earnings on April 17 After-Market (BJT), actual revenue CNY 872.7 M, actual EPS CNY -0.181

Changyu to Release FY2025 Earnings on April 18 After-Market (BJT), Forecast Revenue CNY 5.183 B, EPS CNY 0.87

Changyu released FY2025 9 Months Earnings on October 24 After-Market (BJT), actual revenue CNY 2.116 B, actual EPS CNY 0.2825

Changyu released FY2025 Q3 earnings on October 24 After-Market (BJT), actual revenue CNY 645.39 M, actual EPS CNY 0.0028

Changyu FY2025 Q3 Earnings Release on October 25 After-Market BJT

Changyu released FY2025 Semi-Annual earnings on August 27 Pre-Market (BJT), actual revenue CNY 1.471 B, actual EPS CNY 0.28

Changyu released FY2025 Q2 earnings on August 27 Pre-Market (BJT), actual revenue CNY 659.65 M, actual EPS CNY 0.0397

Changyu to release FY2025 Semi-Annual earnings report on August 28, 2025 (BJT)

Zhangyu A Repurchased Foreign Shares Listed Domestically for the First Time

Changyu Cabernet N188 Wins Best in Show at Decanter World Wine Awards

Zhangyu A Announces Slight Increase in Q1 Revenue and Net Profit

Changyu released FY2025 Q1 earnings on April 24 After-Market BJT, actual revenue CNY 810.92 M, actual EPS CNY 0.24

Zhangyu A Fails to Meet 2024 Performance Targets

Changyu FY2025 Q1 Earnings Release on April 25 After-Market BJT

Changyu released FY2024 annual earnings on April 17 After-Market (BJT), actual revenue CNY 3.277 B (forecast CNY 4.767 B), actual EPS CNY 0.4459 (forecast CNY 0.83)

Changyu released FY2024 Q4 earnings on April 17 After-Market BJT, actual revenue CNY 1.08 B, actual EPS CNY 0.1273

Changyu to Release FY2024 Annual Earnings on April 18 After-Market (BJT), Forecast Revenue CNY 4.767 B, EPS CNY 0.83

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China's wine market is showing signs of recovery, driven by younger consumers, particularly Generation Z and women, who are demanding healthier wine options and utilizing instant retail channels. Despite a significant decline in overall sales and profits for major producers like Yantai Changyu, some small wineries are thriving by adopting innovative marketing strategies. The drinking participation rate among Generation Z has increased, with wine becoming the second most popular alcoholic beverage. However, the sustainability of these trends remains uncertain as the market continues to face challenges.

Yicai

Younger Consumers Pour New Life Into China’s Languishing Wine Market

According to the Zhitong Finance APP, Changyu A released its third-quarter report for 2025. In the first three quarters, the company achieved operating revenue of 2.116 billion yuan, a year-on-year decrease of 3.70%. The net profit attributable to shareholders of the listed company was 188 million yuan, a year-on-year decrease of 16.27%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 168 million yuan, a year-on-year decrease of 12.30%

Zhitong

Changyu A released its performance for the first three quarters, with a net profit attributable to shareholders of 188 million yuan, a year-on-year decrease of 16.27%

Changyu A repurchased 300,000 domestic listed foreign shares for the first time on June 25, 2025, accounting for 0.0446546% of the total share capital. The repurchase price ranged from HKD 8.5 to HKD 8.36, with a total amount of HKD 2.5262 million. This repurchase complies with relevant laws and regulations, and the company will continue to implement the repurchase plan and fulfill information disclosure obligations based on market conditions

Changyu A: First repurchase of 300,000 domestic listed foreign shares

Changyu A announced that its subsidiary Francs Champs Participations SAS intends to transfer 100% equity of the French company ETABLISSEMENTS ROULLET FRANSAC for €2.6 million and transfer real estate related to the company Furlando for €2.2 million, totaling the transfer to the French ELIOR GROUP SA. This move aims to focus on the development of the domestic high-end brandy brand "Keya," optimize asset structure, and improve operational efficiency

Changyu A plans to transfer equity in ETABLISSEMENTS ROULLET FRANSAC and related real estate

Changyu A released its 2024 annual report, with operating revenue of 3.277 billion yuan, a year-on-year decrease of 25.26%; net profit attributable to shareholders of the parent company was 305 million yuan, a year-on-year decrease of 42.68%; net profit excluding non-recurring gains and losses was 131 million yuan, a year-on-year decrease of 71.76%. The basic earnings per share were 0.45 yuan, and it proposed to distribute a cash dividend of 4 yuan (including tax) for every 10 shares to all shareholders

Changyu A released its 2024 annual performance, with a net profit attributable to the parent company of 305 million yuan, a year-on-year decrease of 42.68%

Changyu A announced that the total amount of funds for the repurchase will not exceed RMB 100 million, to be used for the cancellation and corresponding reduction of the company's registered capital. The number of shares to be repurchased will be no less than 10 million shares and no more than 15 million shares, accounting for approximately 1.49%-2.23% of the company's current total share capital, and about 4.72%-7.08% of the company's B shares. The repurchase price will not exceed HKD 11.50 per share, and the implementation period will not exceed 12 months from the date the shareholders' meeting approves the repurchase plan

Changyu A: Plans to repurchase no more than 100 million yuan of domestic listed foreign shares and cancel them

According to the Zhitong Finance APP, Changyu A announced that the share reduction plan of the company's senior management personnel Peng Bin, Kong Qingkun, and Xiao Zhenbo has expired, with a total reduction of 74,100 shares

Changyu A multiple executives' lock-up period expired, collectively reducing their holdings by 74,100 shares

According to the Qichacha APP, recently, Zhangyu Wine Sales Co., Ltd. in Huanren Manchu Autonomous County was established, with Li Jiming as the legal representative and a registered capital of 2 million yuan. The business scope includes: food production; food sales; health food sales; food sales; food internet sales, etc. Qichacha's equity penetration shows that the company is wholly owned by Zhangyu A indirectly

GUOQUAN

MSJK

GUANGDONG GUANGHONG HOLDINGS

Ligao Foods

YONGAN PHARMACEUTICAL

GUOLIAN AQUATIC

Kingdomway

Shouxiangu

Sunwave

Changyu A invests to establish a new company that includes health food sales business

08179

603779

As the tastes of young consumers in France change, the sales of French red wine have plummeted, with consumption dropping by about 90% since the 1970s. However, this is just one of the main reasons; challenges such as climate change, declining overseas demand, and overcapacity have also emerged, with some local wines priced as low as €2.50 per bottle

- French red wine is facing a "survival crisis" as domestic sales plummet due to a shift towards beer, spirits, and non-alcoholic beverages.  
- The Bordeaux Wine Industry Association reports a 90% decline in red wine consumption since the 1970s, with younger generations purchasing half the amount of wine compared to millennials.  
- Factors such as changing drinking habits, climate change, and oversupply are challenging the industry, prompting some wineries to adapt by producing white and low-alcohol wines, while others struggle to innovate.

Wallstreetcn

PALINDA GROUP

WLGF

TSINGTAO BREW

BUD APAC

TC Medical

CHINA RES BEER

ZHBIO

Yanjing Brewery

SuKen Agriculture

French red wine, is no one drinking it anymore?

On the 3rd, reporters learned from the Ningxia Yinchuan Wine Industry Development Service Center that by the end of 2024, the planting area of wine grapes in Yinchuan City will reach 273,000 acres, with 81 wineries established in the city, including 10 wineries that are rated 2A or above as tourist attractions. The comprehensive industrial output value will reach 36 billion yuan, an increase of 20% compared to the previous year, demonstrating strong development resilience

CYTS

Sunriver Culture Tourism

LN Holdings

CBMT

The comprehensive output value of the wine industry in Yinchuan City, Ningxia, will reach 36 billion yuan in 2024, a year-on-year increase of 20%

Changyu(000869.SZ)