The Chinese A-share market has a history of more than 30 years since its establishment. As of the first half of this year, the number of listed companies exceeded 4,000 for the first time. During this period, after multiple alternate rounds of bull markets and bear markets, major

China A-share market has a history of more than 30 years since its establishment. As of the first half of this year, the number of listed companies exceeded 4,000 for the first time. Among them, in the first 20 years, about 2,000 companies have been listed, and in the past 10 years, about 2,000 companies have been listed, which marks that the resilience and risk resistance of the A-share market have been greatly improved, and the expansion of IPOs has entered the fast lane. During this period, after multiple alternate rounds of bull markets and bear markets, major companies also experienced one and the other declined. So what are the real bull stocks in the history of A-shares?

No.10, Shanxi Fenjiu (food and beverage)

Shanxi Xinghua Village Fenjiu Group Co., Ltd. (formerly Shanxi Xinghua Village Fenjiu Factory established in 1993) was established in 2002. Its well-known liquor brand Fenjiu is a traditional Chinese wine. It is produced in Xinghua Village, Fenyang City, Shanxi Province, and is also known as "Xinghua Village Wine". It has a long history of about 4,000 years and a brand history of 300 years. It is a veritable Chinese time-honored brand and is known as the earliest "national wine". The company was listed on the Shanghai Stock Exchange in 1994 with an issue price of 3.5 yuan per share. It is the first liquor stock in China and the first stock in Shanxi. Its cumulative increase has reached about 125 times so far.

NO.9, Founder Technology (Electronics)

Founder Technology was founded in 1993. It is a mainland listed enterprise under Peking University Founder Group (established in 1986). It is one of the most influential high-tech listed enterprises in China, committed to building the strongest IT service provider in China. In 1985, the group company issued shares to the public, becoming the first company in Shanghai to issue shares to the public; in 1986, the company's shares were listed on the counter for trading at the Jing'an Trust Investment Company of Shanghai Industrial and Commercial Bank of China, becoming one of the first two companies to be listed and traded. The company was listed on the Shanghai Stock Exchange in 1990 with an issue price of 50 yuan per share, and the cumulative increase has reached about 130 times so far.

NO.8, Changchun High-tech (Pharmaceutical and Biological)

Changchun High-tech Industry (Group) Co., Ltd. was established in 1993. Its predecessor was Changchun High-tech Industry Development Corporation, which is mainly engaged in the development, production, sales and service infrastructure of high-tech products. It was listed on the Shenzhen Stock Exchange in 1996 with an issue price of 8.8 yuan per share, and the cumulative increase has reached about 147 times so far.

NO.7, Gree Electric Appliances (Home Appliances)

Zhuhai Gree Electric Appliances Co., Ltd. was established in 1991. It is an international home appliance company integrating R&D, production, sales and service. It has three major brands: Gree, TOSOT and Jinghong. It has ranked first in tax payment in the Chinese home appliance industry for 15 consecutive years, and has been on the list of the "Top 100 Listed Companies in China" for 9 consecutive years. Its "Gree" brand air conditioner is a "world-famous brand" product of China's air conditioner industry, with business covering more than 100 countries/regions around the world. The company was listed on the Shenzhen Stock Exchange in 1996 with an issue price of 2.5 yuan per share, and the cumulative increase has reached about 168 times so far.

NO.6, Hengrui Medicine (Pharmaceutical Biology)

Jiangsu Hengrui Medicine Co., Ltd. is a joint-stock company jointly initiated and established by five initiators including Lianyungang Hengrui Group Co., Ltd. in 1997. It is currently the largest research and production base for anti-tumor drugs in China. The company was listed on the Shanghai Stock Exchange in 2000 with an issue price of 11.98 yuan per share, and the cumulative increase has reached about 172 times so far.

NO.5, Yunnan Baiyao (pharmaceutical and biological)

Yunnan Baiyao Group Co., Ltd. (formerly the Yunnan Baiyao factory established in 1971) was established in 1993. Its brand Yunnan Baiyao is a famous Chinese patent medicine specialty in Yunnan. It is a national geographical indication product in China. It is made of precious medicinal materials. It has the effects of removing blood stasis, promoting blood circulation and relieving pain, detoxifying and reducing swelling. It can be traced back to the 28th year of Guangxu (1902), and was originally named "Qu Huanzhang Baibao Dan". Over the past century, it has been known as the "treasure of China and the saint of harming science" for its unique and magical effects and is well-known at home and abroad. The company was listed on the Shenzhen Stock Exchange in 1993 with an issue price of 3.38 yuan per share. It is the first A-share listed company in Yunnan Province, and the cumulative increase has reached about 178 times so far.

No.4, Vanke A (Real Estate)

Vanke Enterprise Co., Ltd. was established in 1984. It is currently the largest professional residential development company in China and a representative real estate blue-chip stock in the stock market. It is the first real estate company in the country with annual sales exceeding 100 billion yuan. The company was listed on the Shenzhen Stock Exchange in 1991 with an issue price of 1 yuan per share, and the cumulative increase has reached about 295 times so far.

NO.3, Kweichow Moutai (food and beverage)

Moutai Group was established in 1998. Its Moutai liquor is a national geographical indication product in China and a traditional Chinese specialty wine. It is one of the three major distilled wines in the world. It is the originator of and Daqu sauce-flavored liquor. It has a history of more than 800 years and is respected as the "national liquor". It has ranked first in the top ten liquor brands in China and the top 50 spirit brands in the world. Since its listing, Moutai stock has been a model of value investment in China's A-share market and has long been the highest-priced stock in Shanghai and Shenzhen. In 2018, the highest market value exceeded one trillion yuan, becoming the world's highest market value of strong liquor company, and has continued to bring generous returns to the majority of shareholders. The company was listed on the Shanghai Stock Exchange in 2001 with an issue price of 34.51 yuan per share, and the cumulative increase has reached about 346.5 times so far.

NO.2. Yili Co., Ltd. (food and beverage)

Inner Mongolia Yili Industrial Group Co., Ltd. was established in 1993. It is the largest and most comprehensive dairy industry leader in China. It has been the first in Asia's dairy industry for six consecutive years and has firmly ranked first in the world's dairy industry. It is also the only dairy enterprise in China that meets the standards of the Olympic and World Expo. The company was listed on the Shanghai Stock Exchange in 1996, becoming the first A-share listed company in the country with an issue price of 5.95 yuan per share, and the cumulative increase has reached about 346.6 times so far.

NO.1, Luzhou Laojiao (food and beverage)

Luzhou Laojiao Co., Ltd. was established in 1994. It is a large state-owned liquor holding listed company with a history of more than 400 years of winemaking. Luzhou Laojiao is one of the four famous wines in my country. It has the earliest built (founded in 1573 AD), the longest continuous use time and the most complete protection of the old cellar. It has become the first national key cultural relics protection unit in the industry and is included in the first batch of national intangible cultural heritage list. It is known as the "double national treasure unit" and is known as the "first cellar in China". The company was listed on the Shenzhen Stock Exchange in 1994 with an issue price of 5.83 yuan per share, and the cumulative increase has reached about 476.5 times so far.

How are bull stocks made?

From the above, we can see that bull stocks are basically concentrated in real estate, pharmaceutical and biological, food and beverage industries, among which the food and beverage industry accounts for nearly half. The average number of listing years for the top ten bull stocks reached 25 years, of which the shortest listed was Kweichow Moutai, about 19 years; the longest listed was Founder Technology, about 30 years. This fully shows that one of the creation of bull stocks is to look at the industry track, and the other is to survive by time. Investment requires endurance of loneliness and persistence. Of course, not all persistence can "keep the clouds clear and the moon bright". Among the stocks that have been listed for more than 5 years, nearly 160 stocks have accumulated a cumulative decline of more than 50%, of which 16 have accumulated a cumulative decline of more than 80%. Sometimes investment choices are more important than hard work, just like Tesla has accumulated a cumulative increase of about 8,590% since its listing in 2010. So the stock market is a zero-sum game field, and the old saying is still "Investment is risky, so be cautious when entering the market."