KWEICHOW MOUTAI(SH:600519) Sou Hu Cai Jing·2025-08-30 18:25Summary of Key Points Core Viewpoint - Guizhou Moutai's stock price has shown a slight increase, and the company is actively engaging in share repurchase and planned share buybacks by its controlling shareholder, indicating confidence in the company's long-term value and future development [1][2][4]. Trading Information - As of August 29, 2025, Guizhou Moutai's stock closed at 1480.0 CNY, up 1.1% from the previous week [1]. - The highest intraday price on August 25 was 1496.0 CNY, while the lowest on August 28 was 1438.77 CNY [1]. - A significant block trade occurred on August 29, with a transaction amount of 4.0491 million CNY [1][4]. Company Announcements - Guizhou Moutai announced a share repurchase plan approved on November 27, 2024, with a buyback price not exceeding 1,744.30 CNY per share and a total repurchase amount between 3 billion CNY and 6 billion CNY [1]. - The company completed the repurchase of 3,927,585 shares, representing 0.3127% of the total share capital, with a total expenditure of approximately 5.9999 billion CNY [1][4]. - The shares repurchased will be canceled on September 1, 2025, reducing the company's registered capital [1]. Shareholder Actions - The controlling shareholder, Moutai Group, plans to increase its stake in Guizhou Moutai from September 1, 2025, to February 28, 2026, with a planned investment of no less than 3 billion CNY and no more than 3.3 billion CNY [2][4]. - Moutai Group currently holds 679,211,576 shares, accounting for 54.07% of the total share capital, and has committed not to reduce its holdings during the buyback period [2].