On May 9, 2024, Luzhou laojiao marked the 30th anniversary of its listing on the Shenzhen Stock Exchange. According to the relevant data released by Luzhou laojiao, the operating performance, stock price and dividend of Luzhou laojiao have increased significantly in the past 30 years, among which, by 2023, operating income has increased from 317 million yuan to 30.233 billion yuan, an increase of 95 times.LivepokeronlineThe return net profit increased to 13.246 billion yuan from 104 million yuan at the beginning of the listing, an increase of 126 times. Since its listing, the company has accumulated 35.353 billion yuan in cash dividends, ranking first among more than 5000 listed companies in Shanghai and Shenzhen.

According to Luzhou laojiao, in terms of equity, on September 20, 1993, Luzhou laojiao winery exclusively initiated the establishment of a joint stock limited company with its operating assets. The shares were issued to the public on October 25, 1993. after the issue, the total share capital was 86.Livepokeronline880000 shares were listed on the Shenzhen Stock Exchange on May 9, 1994. In the following 30 years, after many times of transfer, rights issue, private placement and equity incentive, the total share capital of the company has increased to 1471987769 shares.

By 2023, the company's total assets increased from 687 million yuan to 63.294 billion yuan, an increase of 91 times, and its net assets increased from 467 million yuan to 41.391 billion yuan, an increase of 88 times.

In terms of dividends, Luzhou laojiao attaches great importance to reasonable investment returns to investors on the premise of taking into account the sustainable development of enterprises, adheres to the implementation of active profit distribution policy, and maintains the continuity and stability of profit distribution. The company clearly stipulates in the articles of association that the annual dividend ratio shall not be less than 50% of the profits available for distribution in that year. Since listing, the company has accumulated 35.353 billion yuan in cash dividends, 8.8 times the amount of equity refinancing, and the dividend rate is as high as 61.14%, ranking first among more than 5000 listed companies on the Shanghai and Shenzhen stock markets.

Eye-catching performance benefits from long-term brand building. Luzhou laojiao firmly focuses on the development layout of "double brands, three strains and large single products", continues to enhance the high-end brand value of Guojiao 1573, and continues to promote the return of the value of Luzhou laojiao famous wine. continue to lead the younger, international and fashionable development direction with brand innovation. Among them, "double brand" refers to Guojiao 1573 brand and Luzhou laojiao brand, "three strains" refers to Guojiao 1573 series, Luzhou laojiao series and innovative wine series, and "big single product" refers to Guojiao 1573. In 2023, the sales income of Guojiao 1573 exceeded 20 billion yuan, becoming the sales and profit pillar of the company, shouldering the glorious mission of brand promotion and market expansion, standing firmly in China's three high-end liquor camps and becoming a national brand.

Eye-catching performance benefits from strong production security. Luzhou laojiao has the traditional brewing skills of Luzhou laojiao wine, which has been passed down from 1324 to now, and has been selected into the first batch of national intangible cultural heritage list. With the "1573 countries treasure cellar pool", which has been used continuously since 1573, it is the "living wine cultural relics" with the largest scale, the most complete preservation and the longest continuous use in the world, and is listed as the "national key cultural relic protection unit". It was selected into the preliminary list of Chinese World Cultural Heritage. At the end of 2020, Huangqi Liquor-making Ecological Park was fully put into production, with an additional production capacity of 100000 tons / year of high-quality pure grain solid liquor, 100000 tons of koji / year and 380000 tons of liquor storage capacity. In July 2022, the company invested in the Luzhou laojiao intelligent brewing technical renovation project (phase I), with a total investment of about 4.782 billion yuan, with an annual production capacity of 80, 000 tons and a storage capacity of 104000 tons. In January 2024, Luzhou laojiao Intelligent Packaging Center was officially put into operation, which is the most intelligent, fastest and all-round leading "lighthouse factory" in the liquor industry, leading China's liquor industry into a new era of digitalization and intelligence.

Eye-catching performance also benefited from continuous scientific and technological innovation. Luzhou laojiao has undertaken more than 150 government projects. Among them, there are 17 national science and technology plan projects, 1 national intelligent manufacturing project, and 2 national service industry development guidance fund projects. The National 863 Program Project "solid fermentation process system Optimization" and the 13th five-year National key Research and Development Plan Project "coupled Utilization Technology of thermochemical Energy and Resources of Liquor-making wastes" led by Luzhou laojiao are the first major national science and technology projects led by enterprises in the liquor industry. A number of scientific and technological achievements such as "organic sorghum planting technology", "pit mud reproduction technology", "waste grains decoupling combustion technology" and "intelligent brewing technology" have been formed, and some of the achievements have reached the international leading or advanced level. comprehensively enhance the company's technological level and core competitiveness, and promote scientific and technological innovation, transformation and upgrading of the liquor industry.

Over the past 30 years since listing, Luzhou laojiao has devoted itself to fulfilling the social responsibility of state-owned enterprises, issued 17 social responsibility reports annually, and won the "China Charity Award" for three consecutive times. he has successively won many honors such as "National Advanced Social Poverty Alleviation Collective", "Chinese Red Cross dedication Medal", "National Charity Love Enterprise", "National Advanced Collective for Poverty Alleviation" and "Sichuan Advanced designated Poverty Alleviation Unit". From 2015 to 2023, the company spent about 261 million yuan in cash on donations to students, social assistance and other public welfare matters.

(article source: China Securities News, China Securities Network)