period,moutai,series,direct,wholesale,moutai_share,direct_share 2019Q1,194.980000,21.320000,10.920000,205.380000,0.901433,0.050485 2019Q2,152.970000,25.230000,5.100000,173.100000,0.858418,0.028620 2019Q3,190.380000,23.830000,15.010000,199.190000,0.888754,0.070075 2019Q4,219.700000,25.050000,41.460000,203.290000,0.897651,0.169397 2020Q1,222.220000,21.690000,19.380000,224.530000,0.911074,0.079456 2020Q2,170.390000,24.820000,32.140000,163.060000,0.872855,0.164652 2020Q3,208.840000,23.500000,32.800000,199.540000,0.898855,0.141172 2020Q4,246.860000,29.910000,48.070000,228.690000,0.891932,0.173688 2021Q1,245.920000,26.430000,47.770000,224.570000,0.902956,0.175406 2021Q2,183.570000,34.180000,47.270000,170.480000,0.843031,0.217084 2021Q3,220.430000,34.790000,51.810000,203.410000,0.863686,0.203001 2021Q4,284.730000,30.550000,93.440000,221.830000,0.903102,0.296381 2022Q1,288.600000,34.280000,108.870000,214.010000,0.893831,0.337184 2022Q2,211.050000,41.700000,100.620000,152.130000,0.835015,0.398101 2022Q3,244.350000,49.420000,109.320000,184.450000,0.831773,0.372128 2022Q4,334.340000,33.980000,174.970000,193.350000,0.907743,0.475049 2023Q1,337.220000,50.140000,178.070000,209.290000,0.870560,0.459702 2023Q2,255.570000,50.600000,136.130000,170.040000,0.834732,0.444622 2023Q3,279.910000,55.200000,147.870000,187.240000,0.835278,0.441258 2023Q4,393.200000,50.360000,210.260000,233.290000,0.886464,0.474039 2024Q1,397.070000,59.360000,193.190000,263.240000,0.869947,0.423263 2024Q2,288.600000,72.110000,144.090000,216.620000,0.800089,0.399462 2024Q3,325.590000,62.460000,182.610000,205.430000,0.839041,0.470596 2024Q4,448.020000,52.910000,228.540000,272.390000,0.894376,0.456231 2025Q1,435.570000,70.220000,232.200000,273.600000,0.861168,0.459075 2025Q2,320.320000,67.400000,167.890000,219.830000,0.826163,0.433019 2025Q3,349.240000,41.220000,155.460000,235.000000,0.894432,0.398146 2025Q4,359.860000,43.900000,289.880000,113.890000,0.891272,0.717933 2026Q1,460.048686,78.808783,295.040339,243.817130,0.853748,0.547529 2026Q2,317.190000,50.530000,224.580000,143.150000,0.862586,0.610720