In the early morning of the 16th, the Shanxi Food Industry Association issued an obituary: a member of the 10th CPPCC of Shanxi Province, a representative of the 12th and 13th National People's CongressMr. Li Qiuxi, former Secretary of the Party Committee and Chairman of Shanxi Xinghuacun Fenjiu Group Co., Ltd. and President of Shanxi Food Industry Association, died at 19:10 on December 15, 2023 at the age of 63 due to a sudden heart attack. 
On December 19, 2021, Shanxi Xinghuacun Fenjiu Liquor Co., Ltd. *** Shanxi Fenjiu, 600809) issued two announcements, officially announcing the change of the company's chairman, the 60-year-old chairman Li Qiuxi retired at the age, and the 52-year-old Yuan Qingmao was recommended as the company's chairman candidate.
According to the above announcement, on December 17, 2021, the company's board of directors received a written resignation report from Chairman Li Qiuxi, who applied for resignation as the company's chairman, director, chairman of the board of directors' strategy committee, and member of the nomination committee due to retirement. After resigning from the above positions, Li Qiuxi will no longer hold any position in the company. "During his tenure, Mr. Li Qiuxi has played an active role in the standardized operation and healthy development of the company, and has made important contributions to corporate governance, strategic planning, market construction and brand building. ”
Wind data shows that Li Qiuxi was born in 1961, and before entering Fenjiu Group, he successively served as the director and deputy secretary of the Party Committee of Shanxi Tianji Coal Chemical GroupChairman and Secretary of the Party Committee of Jinpai Cement Group Company.
In 2005, Li Qiuxi joined Fenjiu Group and successively served as vice chairman and general manager of Fenjiu Group. In 2009, Li Qiuxi was elected for the first time as the chairman of Shanxi Xinghuacun Fenjiu Distillery Co., Ltd. (Shanxi Fenjiu, 600809), a listed company of Fenjiu Group. In December 2014, Li Qiuxi resigned as chairman and director of Shanxi Fenjiu. In 2017, Li Qiuxi served as Secretary of the Party Committee and Chairman of Fenjiu Group. In November 2019, Shanxi Fenjiu issued an announcement announcing that Li Qiuxi would once again serve as the chairman of Shanxi Fenjiu.
According to the official website, Fenjiu Group is a wholly state-owned company in Shanxi Province, focusing on the production and sales of liquor, integrating **, tourism, catering, etc., with 5 wholly-owned subsidiaries, 11 holding subsidiaries, 2 branches and 1 subordinate unit. The group has nearly 10,000 employees. Among them,Shanxi Xinghuacun Fenjiu Distillery Co., Ltd. is a core subsidiary of Fenjiu Group, which was listed on the Shanghai ** Stock Exchange in 1993 and is the first liquor stock in China and the first stock in Shanxi.
"If I can't complete the target task due to my own reasons, I will take the blame and resign. ”In July 2018, Shanxi **, the newspaper of the Shanxi Provincial Party Committee, published an article "Fenjiu under Reform and Change", which mentionedOn February 23, 2017, Li Qiuxi, chairman of Fenjiu Group, led Fenjiu Group to establish a "military order" for reform. The term of the "military order" is 3 years, requiring Fenjiu Group to achieve revenue (liquor) growth of % and 20% in 2017, 2018 and 2019, respectively, and the three-year profit (liquor) growth target is %;Completed the overall listing of Fenjiu Group within three years.
In 2020, "Shanxi**" reported that "under the leadership of Li Qiuxi, Fenjiu Group has developed rapidly with drastic reforms". In 2019, "Shanxi**" reported that Li Qiuxi was a "famous 'general'", leading Fenjiu to strive forward on the road of reform, creating a 'Fenjiu speed' that doubled its business performance in two years.
In the third quarter of this year, Shanxi Fenjiu recorded revenue of 773.3 billion yuan, a year-on-year increase of 1355%；Net profit 266.4 billion yuan, a year-on-year increase of 2712%，It is the largest year-on-year increase in net profit among the four major liquor companies (Kweichow Moutai, Wuliangye, Yanghe and Shanxi Fenjiu). Not only that, Shanxi Fenjiu's performance in the first three quarters was also very bright. In the first three quarters, Shanxi Fenjiu's revenue was 2674.4 billion yuan, a year-on-year increase of 2078%；Net profit 943.1 billion yuan, a year-on-year increase of 3268%, and the revenue and net profit in the first three quarters have exceeded the results of the whole year of 2022.
It is worth noting thatLi Qiuxi, together with Li Baofang, the former chairman of Kweichow Moutai, and Li Shuguang, the former chairman of Wuliangye Group, are known as "three Li tubes and three fragrances" in the industry, representing "sauce fragrance, strong fragrance, and fragrance" respectively, the three have also met many times, and public information shows that the most recent one is at the fifth (expanded) meeting of the sixth council of the China Alcoholic Beverages Association and the 30th anniversary celebration of the establishment of the China Alcoholic Beverages Association in March 2023.
*: Shanxi Food Industry Association, The Paper.
Editor: Zhang Yihan.
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