Changyu released 2023 annual report: The company achieved a total revenue of 4.385 billion yuan, an increase of 11.89% compared with 2022; Net profit attributable to shareholders of listed companies was 532 million yuan, an increase of 24.2% over 2022.

In 2023, known as the "most difficult year", Changyu bucked the trend and further consolidated the market share of the leading enterprises, injecting upward confidence in the Chinese wine industry at an absolutely difficult time.

According to the annual report, in 2023, Changyu's total domestic revenue was 3.76 billion yuan, an increase of 13.27%. Foreign revenue was 623 million yuan, an increase of 4.19%. This also shows that the recognition of Changyu in the domestic and foreign wine markets is further improving.

Taking Changyu's high-end strategic brand Longyu as an example, in the past year, it has become a frequent guest on the wine list of some global high-end restaurants and Michelin listed restaurants, and it is also recognized by many catering leaders. Today, through the channel advantages of Changyu and the excellent quality of Longyu itself, it has entered 50 countries around the world.