I am still optimistic about the future trend of Maotai. Although the current valuation of Maotai is indeed very high, which has not matched his share price, many of us have such blind confidence in Maotai, and I believe it will definitely rise. In fact, at the beginning of the year, the largest shareholder of Maotai has already started to reduce its holdings. It shows that their confidence in Maotai is not particularly strong, and they think that the stock development situation of Maotai will not be very good in the future. In fact, at the beginning, the stock price of Maotai was very low, even less than 100 yuan per share, but by this time, the stock price of Maotai has turned nearly 30 times.

It can be seen that this development trend of Maotai is very exaggerated, and its profit margin is very high because of this liquor. The gross profit margin of a bottle of wine is usually above 80% and 90%, and it is difficult to get rid of the impression that Maotai is a national wine. Maotai has always been a favorite wine of China people, so its status in wine is hard to be affected at any time. It is precisely because of this that I am more reassured about the future trend of Maotai. Of course, it also has a certain relationship with this performance after Maotai. If this performance of Maotai in the next quarter is normal, it is not very good for Maotai's stock, so it is difficult to predict the development of Maotai's stock price. However, if its performance far exceeds our plan, then Maotai's stock has a good room for growth.

So I am very optimistic about the trend of Maotai. For example, the fund I am buying now also includes Maotai. Therefore, I have high expectations for Maotai. Although the market value has been declining in the past three months, Maotai has also rebounded very well and has become a pillar of confidence for many people.