# Baijiu
Latest news and articles about Baijiu
Total: 3 articles found
Falling Behind in Anhui’s Liquor Wars: How Jinzhongzi Became the Weak Link among the 'Four Huijiu Champions'
Jinzhongzi Wine, Fuyang’s only listed baijiu producer, reported another loss in 2025, extending a multi‑year decline driven by a shrinking national market, mounting competition and strategic missteps after China Resources became a major investor. Despite management changes and asset sales, the company has failed to rebuild margins or scale, leaving it far behind Anhui’s leading distillers.
China’s Baijiu Rally Masks a Painful Reckoning: Dividend Promises Crumble as Earnings Plunge
A sharp one‑day rally in Chinese liquor stocks on January 29 masks deeper distress: most baijiu producers reported steep 2025 profit declines, and Yanghe’s decision to abandon a RMB 7bn minimum dividend exposed the fragility of dividend‑backed valuations. The sector faces a rebalancing driven by saturated distribution channels, weaker cashflows and tighter profitability, with 2026 likely to bring consolidation and more conservative payout policies.
China’s Baijiu Slowdown Hits Shuijingfang Hard — A Sign of Broader Pain for Premium Spirits
Shuijingfang reported a 71% drop in 2025 net profit amid plunging revenue and industrywide headwinds, missing market forecasts and recording its weakest profit since 2018. The company's majority owner, Diageo, is under pressure from weak Chinese demand and has been linked to possible asset sales, while the broader baijiu sector confronts shifting consumption patterns and new anti‑waste rules that curb traditional drinking occasions.