Wuliangye: As of February 10, the number of shareholder accounts in the company exceeds 600,000.

Securities Star News, Wuliangye (000858) responded to investor inquiries on the investor relations platform on February 23.

Investor: Dear Secretary of the Board, hello. May I ask how many shareholders the company has as of the close of trading on February 10, 2026? Thank you!

Wuliangye Secretary of the Board: Dear investor, as of February 10, the number of shareholder accounts is over 600,000. Thank you for your attention!

Investor: Has the company considered launching a small bottle of “Yijian Qingxin,” about 100ml? It could be offered at a more favorable price. Personally, I think it would be a good business for the company.

Wuliangye Secretary of the Board: Dear investor, the company has already launched the 100ml “Yijian Qingxin” product. Welcome to purchase, and thank you for your suggestion!

Investor: May I ask, Secretary, since the bull market, Wuliangye’s stock price has fallen to around 100 yuan. Why not shut down Wuliangye’s margin trading business to protect the interests of investors?

Wuliangye Secretary of the Board: Dear investor, margin trading is led by regulatory authorities and securities firms; listed companies do not have the authority to shut down related businesses. The company’s stock price is affected by multiple factors. We will focus on improving operational quality and core competitiveness to create long-term sustainable value for shareholders and protect investors’ interests. Thank you for your attention!

Investor: Why doesn’t the company increase investment in emerging and youthful channels such as mini-programs like iMoutai and internet platforms? Also, near Valentine’s Day, the company launched various exquisite gift boxes and gifts of “Yijian Qingxin.” Why not promote them through various youthful platforms, including beverage pairing methods? Good products are not known to young people, and poor market promotion wastes product R&D! Currently, channels like QR code caps, mini-programs, and apps are too many and chaotic, leading to poor experience. It is recommended to unify channels, pricing, and limit quantities like Moutai to create scarcity, which also helps solve counterfeit issues!

Wuliangye Secretary of the Board: Dear investor, the company attaches great importance to emerging channels and youthful marketing. We are continuously increasing investment in mini-programs, e-commerce, and social media platforms. For products like “Yijian Qingxin,” we have strengthened communication with young consumers through scenario-based marketing and beverage pairing promotions. The company is advancing digital construction, gradually optimizing touchpoints such as QR code caps and mini-programs to improve consumer service efficiency. At the same time, we use technologies like one item, one code, and traceability systems to effectively prevent counterfeiting. In the future, we will continue to optimize channel layout and marketing methods to better meet market demand. Thank you for your attention!

The above content is compiled from publicly available information by Securities Star and generated by AI algorithms (Network Information Calculation Backup 310104345710301240019). It does not constitute investment advice.