KWEICHOW MOUTAI(SH:600519) Sou Hu Cai Jing·2025-12-04 16:42Core Viewpoint - The speech by Chen Hua at the 2025 China Entrepreneur Boao Forum emphasizes the need for historical classic industries, such as Maotai, to adapt to opportunities and challenges through a logical framework that includes industry logic, business logic, internal logic, and development logic [1][6]. Industry Logic - The industry must adhere to the principle of "guarding tradition while innovating" to modernize. This involves maintaining traditional charm while enhancing modern vitality, particularly for historical classic industries like liquor production, which embody unique craftsmanship and culture [6][7]. Business Logic - The industry should follow the "supply-demand adaptation" principle to promote marketization. This includes better meeting new consumer demands and leading the creation of new supply, especially as the domestic market potential continues to grow [7][8]. Internal Logic - The "cultural leadership" principle is crucial for accelerating internationalization. Historical classic industries play an irreplaceable role in cultural exchange and cooperation, necessitating efforts to promote cultural exports and integrate into international markets [8][9]. Development Logic - The "coexistence and sharing" principle ensures sustainable development. Historical classic industries must take on greater responsibilities, creating social value while harmonizing with nature and sharing development with society and stakeholders [9][10]. Event Highlights - The 2025 China Entrepreneur Boao Forum, held from December 2 to 5, gathered representatives from various sectors to discuss transforming consensus into cross-border cooperation and industrial upgrades, contributing to the establishment of a modern industrial system [2][4]. - The forum featured a Maotai cultural and product display area, showcasing the unique charm of Maotai culture and product quality [12]. - The "China Maotai·National Pillar" public welfare brand was recognized for its contributions to education and social responsibility, having donated over 1.4 billion yuan to the China Youth Development Foundation since 2012 [16].