茅台品藏家联谊会停止运作，茅台品藏馆将重新接受考核

Core Viewpoint - The management structure of the Moutai wine collection hall has changed, with the Moutai Collectors Association ceasing operations and a new association being established to oversee the collection halls [1][5]. Group 1: Management Changes - The Moutai Collectors Association, previously responsible for the approval and management of Moutai collection halls, has stopped operations, and the existing 56 collection halls will receive refunds of 800,000 yuan in deposits [1][2]. - A new Moutai Old Wine Association has been formed, with a focus on regulating the old wine market and establishing a new operational model [1][3]. - The new association's management structure is still being finalized, and it is not yet clear if Moutai will directly manage the collection halls [1][3]. Group 2: Historical Context and Development - The concept of the Moutai collection hall was introduced by former chairman Ding Xiongjun in 2022, aiming to create a comprehensive platform for old wine trading and appreciation [2][4]. - The Moutai Collectors Association was established in 2022, and by March 2024, it had authorized 56 collection halls across four batches [2][3]. Group 3: Market Dynamics - The Moutai old wine market is significant, with a market size of approximately 850 billion yuan and an annual transaction volume of about 110 billion yuan, accounting for over 85% of the entire old wine market [5]. - In 2023, the 45 authorized Moutai collection halls achieved a transaction volume of 7.05 billion yuan, representing 7% of China's annual old wine transaction volume [5]. - The price of Moutai products has been declining, with the market price of Flying Moutai dropping nearly 20% year-on-year to 1,900 yuan per bottle as of July 29, 2023 [6].