Kweichow Moutai reveals top shareholders ahead of share repurchase

Kweichow Moutai Co., Ltd. has released details regarding its top ten shareholders and top ten shareholders with unlimited sale conditions, effective from the record date of November 19, 2025, for its first extraordinary general meeting in 2025. This disclosure follows the company's board approval on November 4, 2025, for a share repurchase scheme using centralized bidding transactions.

As of the record date, China Kweichow Moutai Winery (Group) Co., Ltd. remains the largest shareholder, holding 680,424,580 shares, representing 54.34% of the company's total share capital. Hong Kong Securities Clearing Company Limited is the second-largest shareholder with 59,707,368 shares (4.77%), followed by Guizhou State-owned Capital Operation Co., Ltd. with 56,996,777 shares (4.55%).

Other significant shareholders include China Kweichow Moutai Winery (Group) Technology Development Co., Ltd. with 27,849,688 shares (2.22%), and China Industrial and Commercial Bank - SSE 50 ETF Securities Investment Fund with 11,775,123 shares (0.94%). The announcement also states that the top ten unlimited-sale shareholders' holdings are identical to the top ten shareholders' holdings.