Some of my golf friends advised me to stop at the right time while others praised me for my ignorance bravado.

I think this is the best time to invest in Wuliangye Yibin

It wasn't until September of last year that hope became unseeing. The ban on J started in May, and that's when hope became lost. At that time, holding shares was purely based on faith in value and valuation.

Compared to before, it's much easier to hold stocks now. Currently, stock prices are moving to the left while fundamentals are moving to the right (with ZC easing policy and enterprises reducing inventory). This is obviously unreasonable. Being unrea

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I am not pessimistic about Wuliye's Q4 performance.

I observed that online sales were good during the double festival period. After the holiday, recently there has been a sales rebound.

Online sales only account for a small proportion of Wuliangye's total sales, but by observing changes in online sales volumes, we can still sense the market trend.

On JD, after Q3 and the double holiday period, the sales volume of Wuliye was initially at 5w and 2w within 15 days respectively, but recently it has returned to 10w and 5w respectively. The one with 10w sales volume has exceeded 3W+ in the past week

Moreover, the price has returned to 840 from the lowest 810 after the holiday, indicating that there have been some achievements in reducing inventory. In comparison, last year's Double 11 Sale had a lowest price of 799.

With the longest Spring Festival in history this year, a recovery in sales during the Spring Festival can be expected.

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Regardless of fluctuations, I will stay with Wuliye until after the Spring Festival, until the annual report and Q1 report are released, and then consider whether to leave.

This is my last tenderness to Wuliangye.

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Wuliangye (SZ000858)