Shanxi Fenjiu Co. Ltd. (600809) – Recent Corporate and Market Developments

Employee‑Director Election

On 29 December 2025, Shanxi Fenjiu held an employee‑representative meeting and elected Zhang Shoufu as an employee director on the Ninth Board of Directors. The election was conducted by secret ballot. Zhang’s term will commence on the date the meeting was approved and will last until the Ninth Board completes its term.

First‑Quarter 2025 Financial Performance

The company reported consolidated revenue of ¥32.924 billion and a net profit attributable to shareholders of ¥11.405 billion for the first three quarters of 2025.

Market Performance

  • The share price closed at ¥173.05 on 30 December 2025, reflecting a decline of 1.11 % from the previous day.
  • In the broader white‑wine sector, the Shanghai Composite Index ended at 3,965.12, with the white‑wine sector down 0.51 %.
  • Other key peers in the sector experienced mixed results:
  • Kweichow Moutai – ¥1,389.72, down 0.88 %
  • Wuliangye – ¥107.36, down 0.65 %
  • Luzhou Laojiao – ¥117.85, up 0.55 %
  • Yanghe Co. – ¥61.19, down 0.46 %

Industry Outlook

According to a research report from Guosheng Securities, the white‑wine industry is expected to enter a period where supply improvements precede demand recovery. Short‑term forecasts anticipate a rebound in sales momentum in the second quarter, while medium‑to‑long‑term projections suggest a gradual improvement in overall industry health.

Company Fundamentals (as of 28 December 2025)

  • Market Capitalization: ¥213.26 billion
  • Price‑to‑Earnings Ratio: 17.32
  • 52‑Week Range: ¥168.30 – ¥228.93
  • Closing Price (28 Dec 2025): ¥175

These developments highlight the company’s ongoing governance changes, recent earnings performance, and its position within the broader white‑wine sector, which is currently experiencing a modest downturn in market sentiment.