Business Daily Media

Men's Weekly

.

ZJLD Group been Included in the Hang Seng Composite Index and Nine Other Indexes

HONG KONG SAR - Media OutReach - 5 September 2023 - ZJLD Group Inc. ("ZJLD" or the "Company", together with the Company's subsidiaries, collectively the "Group"; SEHK stock code: 06979. HK), the fourth largest private-owned baijiu enterprise in China, is pleased to announce that ZJLD has been included in the Hang Seng Composite Index, Hang Seng Consumption Index, Hang Seng Connect Hong Kong Index, Hang Seng Connect Hong Kong MidCap & SmallCap Index, Hang Seng Large-Mid Cap (Investable) Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng SCHK Consumption Index, Hang Seng SCHK Consumption (Investable) Index, Hang Seng SCHK Consumer Staples Index and Hang Seng SCHK Consumer Staples (Investable) Index with effective from today.



On August 18th, Hang Seng Indexes Company Limited ("Hang Seng Indexes") announced the results of its quarterly index review, based on the Benchmark Index (Hong Kong Market) as of 30 June 2023. A total of 27 companies were removed, whereas 22 qualified companies, including ZJLD, were included as constituents of the Hang Seng Composite Index. Starting today, ZJLD has been officially authorized for mainland Chinese investors to trade through the "Hong Kong Stock Connect". Both the Shenzhen Stock Exchange and Shanghai Stock Exchange have included the ZJLD as eligible investment targets for the "Shenzhen-Hong Kong Stock Connect" and "Shanghai-Hong Kong Connect" programs. The Company was officially listed on the Hong Kong Stock Exchange on April 27, with a total fundraising amount of approximately HK$5.31 billion, making it "the first baijiu stock listed in Hong Kong and outside China and the second sauce-aroma baijiu stock being publicly listed." Within six months of its listing, the Company has been included as a constituent stock in the Hang Seng Indexes, indicating that the Group's sound financial fundamentals, its investment value, and liquidity have received significant attention and recognition from domestic and overseas capital markets.

The Group has recently announced its interim results for FY2023 (for the six months ended June 30, 2023, or the "Period"). Leveraging on its strategic brand premiumization initiatives to optimize the product portfolio and resources invested to accelerate and promote sell-through and sell-out. The Group's baijiu sales increased by approximately RMB457.98 million, up 15.0% compared to the same period in 2022, with the adjusted net profit (non-IFRS measure) reaching approximately RMB803 million, showing a year-on-year increase of about 22.0%. The flagship brand, Zhen Jiu, introduced three new "package-free" baijiu products (光瓶酒) within the deluxe and premium price ranges, which gained significant market response and impressively contributed to the revenue growth during the Period.

Along with the increasing popularity of sauce-aroma baijiu in China and the rising consumer preferences towards premiumization, the Group has timely capitalized on favorable market trends to expand its production capacity. Currently, the Group has seven production sites in China. With the continuous expansion of production capacity, the Group is able to secure an adequate reserve of vintage baijiu and base liquor to achieve product premiumization to the greatest extent while at the same time enriching its product portfolio, strengthening competitiveness, and meeting the growing market demand for deluxe and above baijiu products, thus consolidate its profitability.


Hashtag: #ZJLD

The issuer is solely responsible for the content of this announcement.

ZJLD Group Inc.

Zhenjiu was established in 1975 in Zunyi, Guizhou, China's prime production area of sauce-aroma baijiu. In 1988, it was honored with the Silver Award of the National Quality Award at the 5th National Wine Appreciation Conference. It is one of the "Three Great Sauce Flavor Brands in Guizhou", along with Moutai and Xijiu. In the same year, it was admitted by the Protocol Department of the Ministry of Foreign Affairs, the Communication Department of the Ministry of Economy and Trade, and the Great Hall of the People Management Bureau to become one of the four baijiu brands served at China's national banquets.

ZJLD Group Inc. is a leading baijiu group in China devoted to offering baijiu products, including sauce-aroma, mixed-aroma, and strong-aroma, with sauce-aroma being its core. In terms of revenue in 2022, the Company was deemed the fourth-largest private baijiu company in China, according to Frost & Sullivan statistics. The Company operates four major baijiu brands in China, including Zhenjiu, Lidu, and two leading regional names, Xiangjiao and Kaikaixiao. ZJLD prides itself on inheriting the time-honored baijiu-brewing techniques and reinvigorating them to develop iconic recipes and classical flavours. It strives to develop a wide variety of aromatic and mellow baijiu products to meet the diverse preferences of consumers, seize broader market opportunities, and promote traditional Chinese baijiu culture.

News from Asia

Jupiter Neurosciences Launches Nugevia™ Website and Opens Pre-Orders for Groundbreaking Longevity Supplements

Targeting the Multi-Trillion Dollar Longevity MarketHONG KONG SAR - Media OutReach Newswire - 27 August 2025 - Jupiter Neurosciences, Inc. (NASDAQ: JUNS) ("Jupiter" or the "Company"), a clinical-s...

HID Unveils Next-Generation FIDO Hardware and Centralized Management at Scale

The Next Generation of HID’s FIDO Portfolio Features Hardware Authenticators and a Centralized Management Experience that Simplifies Passkey DeploymentHONG KONG SAR - Media OutReach Newswire - 27 ...

Marking 30 Years of Excellence, EtonHouse International Education Group Pledges $3 Million to EtonHouse Community Fund to Strengthen Community Impact

SINGAPORE - Media OutReach Newswire - 27 August 2025 - Marking 30 years of excellence in education, EtonHouse International Education Group, together with E-Bridge Pre-School, has pledged $3 milli...

Trend Micro Named a Leader in Exposure Management by IDC MarketScape

Measurable reduction of operational silos and cyber risk delivered with Trend Vision One™ Cyber Risk Exposure ManagementHONG KONG SAR - Media OutReach Newswire - 27 August 2025 - Trend Micro Inc...

Genius Mind Expands Service Scope Beyond Academics to Include Coding, Financial Literacy, and AI Skills

SINGAPORE - Media OutReach Newswire - 27 August 2025 - Genius Mind, one of Singapore's trusted names in home-based education matching, has announced the expansion of its offerings to include codi...

Better Than Normal Launches Integrated AI Marketing and Coaching System for Singapore’s Service Professionals

SINGAPORE - Media OutReach Newswire - 27 August 2025 - Better Than Normal Pte Ltd, a Singapore-based brand strategy and AI marketing consultancy, is transforming how service-based professionals es...

Atlas Consolidated Secures USD 18.1 Million Series B Funding led by Tin Men Capital to Accelerate Global Adoption of HugoHub

The Asia-based Banking-as-a-Service provider aims to significantly accelerate the growth of HugoHub, Atlas’s modular cloud-native digital banking platform SINGAPORE - Media OutReach Newswire - 27 ...

Together Diamonds Launches in Singapore as the First Keepsake Diamond Atelier for Life’s Milestones, Not Just Memorials

SINGAPORE - Media OutReach Newswire - 27 August 2025 - Together Diamonds, Singapore's first homegrown keepsake diamond atelier, has officially launched with a mission to transform life's mileston...

TCMA leads Thai cement industry to reaffirm climate action leadership towards Net Zero 2050 at 2025 TCMA Technical Conference and Exhibition

BANGKOK, THAILAND - Media OutReach Newswire - 27 August 2025 - Thai Cement Manufacturers Association (TCMA) successfully hosted its flagship event, the "2025 TCMA Technical Conference and Exhibi...

Tanoto Foundation Develops Impactful Future Leaders at Tanoto Scholars Gathering 2025

SINGAPORE - Media OutReach Newswire - 27 August 2025 - High unemployment among educated youth and a lack of leadership readiness are significant challenges on Indonesia's path to its "Golden Indon...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...

Revolutionizing Fulfillment: How Virtual Warehousing is Changing the Game?

The e-commerce landscape is evolving more rapidly than ever, and the way businesses are managing their fulfillment is also revolutionizing. At the...

SME lender Dynamoney welcomes new CEO, Brett Thomas

Strengthens growth ambitions and signals expanded offering Dynamoney, a leading commercial finance provider for Australian SMEs,  has today appoint...

The cost of ignoring AI governance in business

Artificial intelligence (AI) is no longer the promise of a distant future: it's active, embedded, and already shaping decisions across industries. H...

Quickli launches new SMSF product as free beta for limited time only

The leading technology provider for Australian mortgage brokers, Quickli, has answered the prayers of brokers yet again with the launch of a stand...

Portable Monitors for Coding and Programming Students

Today, coding and programming require more focus and efficiency. But, the most essential thing it demands is ample screen space. Students can stru...

Sell by LayBy