KWEICHOW MOUTAI(SH:600519) Jin Rong Shi Bao·2025-12-17 07:51Core Points - The Guizhou Rural Commercial Union Bank has officially been approved to commence operations with a registered capital of 10.458 billion yuan [1] - The bank's primary business scope includes handling or acting as an agent for fund clearing and settlement within the Guizhou banking system, participating in the money market, and other approved financial activities [1] - The major shareholders include Guizhou Financial Holding Group with a 65.844% stake, Guizhou Provincial Finance Department with 15.032%, and both Moutai Group and Guizhou Qiansheng State-owned Assets Management Co., Ltd. holding 9.562% each [1] Industry Context - Moutai Group has been involved in equity investments in local financial institutions and is a significant shareholder in Guizhou Bank and Guiyang Bank [2] - The Guizhou provincial government has emphasized the need for rural credit cooperative reforms, leading to the establishment of the Guizhou Rural Commercial Union Bank [2] - The reform process has accelerated, with multiple announcements regarding the establishment of unified legal entity rural commercial banks in various cities within Guizhou [2]