Jun 21, 2021 08:33 AM (GMT+8) · EqualOcean
CITIC Securities research report pointed out that in 2021, Wuliangye will start the "14th five year plan" journey, with strong dynamic sales and upward rating. It is expected that the annual target of the beginning of the year will be exceeded, and the target of 2000 tons of classic Wuliangye and 30% group buying will be achieved. It is estimated that the revenue of liquor will exceed 100 billion yuan in the 14th Five Year Plan period, and the volume of classic Wuliangye will gradually exceed 10000 tons. The company is moving forward steadily in the new stage of development, and Luzhou flavor king is expected to further release. It will achieve high certainty and rapid growth under the brand traction, maintain the target price of Wuliangye at 320 yuan, and maintain the "buy" rating.