Kweichow Moutai's controlling shareholder begins share purchase

China Kweichow Moutai Distillery (Group) Co., Ltd. (Moutai Group), the controlling shareholder of Kweichow Moutai, has begun implementing its share increase plan. On September 1, 2025, Moutai Group acquired 67,821 shares of Kweichow Moutai through centralized bidding transactions, representing 0.0054% of the company's total share capital. The total amount spent on this initial acquisition was RMB100,052,978.44.

This acquisition marks the first step in Moutai Group's commitment to increase its stake in Kweichow Moutai. The group had previously announced on August 30, 2025, a plan to increase its shareholding by no less than RMB3 billion and no more than RMB3.3 billion over six months.

Moutai Group's current total shareholding in Kweichow Moutai stands at 679,211,576 shares, representing 54.07% of the total share capital. The group plans to continue with the share increase plan using its own funds and self-raised capital, though the timing and amount may be affected by stock price fluctuations.