时隔两年再度出手，茅台集团拟斥资超30亿增持贵州茅台

Core Viewpoint - Guizhou Moutai has completed its share repurchase plan and announced a new shareholding increase plan by its controlling shareholder, Moutai Group, aimed at enhancing investor confidence and supporting the company's sustainable development [1][3]. Group 1: Share Repurchase - On August 29, Guizhou Moutai announced the completion of its share repurchase plan, which was initiated on November 27, 2024, with a budget between 3 billion yuan and 6 billion yuan [1]. - The company repurchased 3.93 million shares, accounting for 0.3127% of the total share capital, at a maximum price of 1,639.99 yuan per share and a minimum price of 1,408.29 yuan per share, with an average price of 1,527.65 yuan per share, totaling 6 billion yuan [1]. - The repurchased shares will be canceled to reduce the company's registered capital, reinforcing the commitment to protect the interests of investors [1]. Group 2: Shareholding Increase - Moutai Group plans to increase its shareholding in Guizhou Moutai from September 1, 2025, to February 28, 2026, with an investment of no less than 3 billion yuan and no more than 3.3 billion yuan [1]. - The group has committed not to reduce its shareholding during the implementation period of the increase plan [1]. Group 3: Shareholding Structure and Historical Context - As of August 29, Moutai Group holds 679 million shares, representing 54.07% of the total share capital, while its wholly-owned subsidiary holds 27.84 million shares, accounting for 2.22% [2]. - This marks the fifth time Moutai Group has increased its stake in Guizhou Moutai since its listing, with previous increases occurring in 2010, 2012-2013, 2013-2014, and 2023 [3]. - The increase is based on Moutai Group's recognition of the company's long-term value and confidence in its future development [3]. Group 4: Financial Performance - Despite facing market pressure from the "ban on alcohol," Guizhou Moutai has shown steady financial growth, with a revenue of 89.39 billion yuan in the first half of 2025, a year-on-year increase of 9.10%, and a net profit attributable to shareholders of 45.40 billion yuan, up 8.89% [3].