Core Viewpoint - The announcement details the completion of the share buyback plan by the controlling shareholder of Kweichow Moutai Co., Ltd., indicating a strategic move to increase ownership in the company and potentially enhance shareholder value [2][3]. Group 1: Buyback Plan Details - Kweichow Moutai Co., Ltd. disclosed a share buyback plan on August 30, 2025, with the controlling shareholder, Moutai Group, intending to purchase between RMB 30 billion and RMB 33 billion worth of shares within six months [2]. - As of December 26, 2025, Moutai Group completed the buyback, acquiring 2,071,359 shares, which represents 0.17% of the total share capital, for a total amount of RMB 3,000,089,293.91 [2][3]. Group 2: Shareholding Structure Post-Buyback - Following the completion of the buyback, Moutai Group and its action-in-concert party, Moutai Group Technology Development Co., Ltd., collectively hold 709,132,623 shares, accounting for 56.63% of the total share capital [2]. - Moutai Group directly holds 681,282,935 shares, which is 54.40% of the total share capital after the buyback [3]. Group 3: Legal Compliance and Documentation - The buyback actions comply with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [4]. - A legal opinion letter regarding the buyback was issued by Beijing Global Law Firm, which is available alongside the announcement [4].
贵州茅台酒股份有限公司关于控股股东增持股份结果的公告