KWEICHOW MOUTAI(SH:600519) Huan Qiu Wang·2025-09-02 05:28Core Viewpoint - Guizhou Moutai's major shareholder, Moutai Group, has initiated a share buyback plan, signaling strong confidence in the company's long-term prospects and aiming to invest between 3 billion to 3.3 billion yuan over the next six months [1][3]. Group 1 - Moutai Group confirmed on September 2 that it spent approximately 100 million yuan to buy back 67,821 shares, representing 0.0054% of the total share capital [1]. - The buyback plan, announced on August 30, is set to run from September 1, 2023, to February 28, 2026, with a minimum investment of 3 billion yuan [3]. - The swift action taken by Moutai Group, just two trading days after the announcement, reflects its high recognition of Moutai's long-term development and commitment to enhancing investor confidence [3][6]. Group 2 - Moutai Group's buyback actions are not spontaneous but part of a historical pattern of supporting the company during critical periods, such as the "plasticizer incident" in 2012 and the industry downturn from 2013 to 2014 [4][5]. - The current buyback occurs amid challenges in the liquor industry, where many companies are experiencing slowed performance growth, showcasing Moutai Group's resilience and belief in its ability to navigate through cycles [5]. - The implementation of this buyback plan is interpreted as a strong signal of Moutai's resilience and sustainability during industry adjustments, with the potential to positively influence the liquor sector and serve as a stabilizing force in the market [6].