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Consumer Staples Feb 16, 2022 08:19 AM (GMT+8) · EqualOcean
Guotai Junan believes that, after benefiting from the structural prosperity of Baijiu, the trend of high growth and high nationalization will continue in the post epidemic era, and high performance elasticity is expected to maintain. At present, the match between the performance and the valuation of the high Cheng Baijiu is high, and the sales performance is strong in the high season and has potential performance. We are optimistic about the high growth target restoration space. We recommend the fast and nationalization of Shanxi Jiujiu, the wine making industry and the rapid optimization of the product structure.

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