Kweichow Moutai

Kweichow Moutai Co., Ltd. is a partial publicly traded, partial state-owned enterprise in China, specializing in the production and sales of 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]

For the baijiu produced by Kweichow Moutai, see Maotai.
Kweichow Moutai
Public
Traded asSSE: 600519
ISINCNE0000018R8 
IndustryAlcohol industry
Founded1999
Headquarters
Maotai, Guizhou
,
China
Area served
Worldwide
Key people
Yuan Renguo (Chairman)
ProductsMaotai
RevenueCNY52.658 billion (2017)[1]
Owner
Kweichow Moutai Group(64.2%)
SH-HK Stock Connect investors(5.53%)
China Securities Finance(2.57%)
GIC(1.16%)
others(26.54%)
ParentKweichow Moutai Group
Websitemoutaichina.com
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

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.[3]

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.[4]

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
  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. 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.
  4. Wong, Felicia (10 April 2017). "The world's most valuable liquor company is now Chinese". CNNMoney.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.