Kweichow Moutai

Kweichow Moutai Co., Ltd.
Simplified Chinese	贵州茅台酒股份有限公司
Traditional Chinese	貴州茅台酒股份有限公司
Transcriptions
Standard Mandarin
Hanyu Pinyin	Guìzhōu Máotái Jiǔ Gǔfèn Yǒuxiàn Gōngsī

Kweichow Moutai
Type	Public
Traded as	SSE: 600519
Industry	Alcohol industry
Founded	1999
Headquarters	Maotai, Guizhou, China
Area served	Worldwide
Products	Maotai
Revenue	CNY52.658 billion (2017)[1]
Kweichow Moutai Group	(64.2%)
SH-HK Stock Connect investors	(5.53%)
China Securities Finance	(2.57%)
GIC	(1.16%)
others	(26.54%)
Parent	Kweichow Moutai Group
Website	moutaichina.com

Kweichow Moutai Co., Ltd. is a partial publicly traded, partial state-owned enterprise in China, specializing in the production and sales of the liquor Maotai baijiu, together with the production and sale of beverage, food and packaging material, development of anti-counterfeiting technology, and research and development of relevant information technology products.[2]

As of 2021, it is the largest beverage company in the world and China's most valuable non-technology company.[3]

History

Its A shares were listed in the Shanghai Stock Exchange in 2001. It is one of the few Chinese listed companies whose share price had exceeded CNY100. The price reached CNY803.5 in 2018.[4]

Kweichow Moutai is a subsidiary of Kweichow Moutai Group, which in turn is owned by the Guizhou Provincial People's Government.

It is the world's largest distiller and the world's most valuable liquor company, having surpassed Diageo in April 2017.[5]

Kweichow Moutai and Camus started the cooperation in 2004 and Camus became the worldwide exclusive distributor of Moutai products for the duty-free market.[6]

A bottle of Maotai produced in 1983-1984 has an estimated price range of HK$115,000-173,000 (US$14,700-22,200) in an auction in Hong Kong in 2017.

References

"Kweichow Moutai Kennzahlen im Zeitverlauf (German)". Retrieved 29 May 2018.
"Outline of Kweichow Moutai Company Limited". Archived from the original on 2012-11-26. Retrieved 2008-05-20.
"It's 53% alcohol and tastes like fire. Here's how this liquor brand took over China". CNN Business. 2021-01-18. Retrieved 2021-01-29.
茅台股价从最高点下挫21% 一日市值蒸发645亿. 北京青年报 (in Chinese). 24 October 2018. Retrieved 13 May 2019 – via XinhuaNet.
Wong, Felicia (10 April 2017). "The world's most valuable liquor company is now Chinese". CNNMoney.
retail, Trbusiness The travel retail Trbusiness The magazine for global; Professionals, Duty Free (2012-04-05). "Camus Cognac partners Moutai to win WSA Gold Medal | Travel Retail Business". www.trbusiness.com. Retrieved 2020-12-01.

External links

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[1] "Kweichow Moutai Kennzahlen im Zeitverlauf (German)". Retrieved 29 May 2018.

[2] "Outline of Kweichow Moutai Company Limited". Archived from the original on 2012-11-26. Retrieved 2008-05-20.

[3] "It's 53% alcohol and tastes like fire. Here's how this liquor brand took over China". CNN Business. 2021-01-18. Retrieved 2021-01-29.

[4] 茅台股价从最高点下挫21% 一日市值蒸发645亿. 北京青年报 (in Chinese). 24 October 2018. Retrieved 13 May 2019 – via XinhuaNet.

[5] Wong, Felicia (10 April 2017). "The world's most valuable liquor company is now Chinese". CNNMoney.

[6] retail, Trbusiness The travel retail Trbusiness The magazine for global; Professionals, Duty Free (2012-04-05). "Camus Cognac partners Moutai to win WSA Gold Medal | Travel Retail Business". www.trbusiness.com. Retrieved 2020-12-01.