Open Source Securities: Liquor can grasp two main lines and balance long-term value with phase opportunities.

Open Source Securities pointed out that in the liquor industry, there are two main strategies to grasp: long-term value and short-term opportunities. The first is to invest in leading liquor companies, focusing on industry leaders with strong brand barriers, core production area advantages, and stable operating capabilities. The second is to consider growth targets, focusing on second-tier leading liquor companies and local liquor companies, with a focus on companies that have completed market clearance, optimized channels, and increased market share in their respective regions.