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Anhui Gujing Distillery Co Ltd Class A

000596: XSHE (CHN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
CNY 264.00XzgztjQvrqnzx

Initiating Coverage of Anhui Gujing; Leading Regional Brand Starts To Expand Nationwide

Business Strategy and Outlook

Anhui Gujing is one of the eight national well-known baijiu brands. Thanks to its strong brand heritage and deep-rooted distribution network in the regional market, Gujing has become Anhui’s largest distiller by sales since 2012 and has led the province’s premiumization via sales growth of its flagship premium Gujing Year Puree series, which allows the company to enjoy decent profitability and returns.

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