【招商食品|最新】食品饮料行业周报(12.7):加速筑底,加大推荐白酒板块

招商证券食品饮料
Dec 08

证券研究报告|行业定期报告2025年12月8日签约客户可长按扫码阅读报告:本周茅台批价波动,电商平台价格发酵引发板块进一步调整,悲观情绪有所消化。汾酒经销商大会虽对26年恢复较为谨慎,但公司定调稳健,继续以份额提升为目标,势能有望延续。周末五粮液沟通新年度政策,增加119元打款补贴而非直接降低出厂价的方式将开票价格降至900元/瓶。公司此次激励改革欲避开茅台价格下行冲击,从而在调整期抢占更多份额,...

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