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Core Viewpoint - Guizhou Moutai announced its mid-term profit distribution plan for 2025, including a cash dividend of 23.957 yuan per share and a share buyback plan, emphasizing quality improvement and shareholder returns [2][4][5] Profit Distribution - As of September 30, 2025, Guizhou Moutai's undistributed profits reached 210.875 billion yuan, with a total share capital of 1.252 billion shares [2] - The company plans to distribute a total cash dividend of 30 billion yuan (including tax) based on the total share capital on the dividend record date [2][5] Share Buyback Plan - Guizhou Moutai intends to repurchase shares using its own funds, with a total buyback amount between 1.5 billion yuan and 3 billion yuan, and a maximum buyback price of 1,887.63 yuan per share [4][8] - The estimated number of shares to be repurchased ranges from approximately 794,647 to 1,589,294 shares, accounting for 0.0635% to 0.1269% of the current total share capital [8] Quality Control Initiatives - The company emphasizes quality management, adhering to traditional brewing methods and implementing a full lifecycle quality control model to ensure product quality stability [8] - Guizhou Moutai has received multiple national quality awards and international recognition, including the EFQM Global Award [8] Market Strategy - The company focuses on consumer-centric marketing, balancing traditional and modern approaches to adapt to changing consumer preferences and enhance product and service integration [8] ESG Practices - Guizhou Moutai promotes harmony with nature, social value sharing, and modern governance, focusing on environmental protection, social development, and internal governance improvement [9] Shareholder Return Strategy - The company maintains a biannual dividend distribution rhythm and plans to implement a second round of share buybacks, while also encouraging major shareholders to increase their holdings [9] - Guizhou Moutai aims to balance short-term profits with long-term development amidst the cyclical adjustments in the liquor industry [9]