File photo/NBD

On the evening of July 13, Kweichow Moutai announced that, according to the company's preliminary accounting, it is expected to achieve a total operating revenue of approximately 70.6 billion yuan in the first half of 2023, an increase of about 18.8% year-on-year.

It is expected to achieve a net profit attributable to shareholders of the listed company of approximately 35.6 billion yuan, an increase of about 19.5% year-on-year.

As a leading company in the industry, Wuliangye is actively promoting Chinese liquor to go global, which helps to enhance the popularity and influence of Chinese liquor in overseas markets.

On the other hand, it is also beneficial for understanding local market demands, establishing partnerships, and promoting product sales, which is expected to have a positive impact on the company's performance and further consolidate its leading position in the liquor industry.

Luzhou Laojiao's subsidiary raised 252 million yuan for intelligent brewing investment through self-financing