贵州茅台，紧急提示，谨防飞天茅台虚假申购

Group 1 - The company has issued a warning regarding fraudulent promotions using its name, emphasizing that it has not authorized any such activities and urging consumers to recognize official channels [1] - The company is currently signing sales contracts with existing corporate group customers for 2026, and is not accepting new corporate clients through public links or social media [2][3] Group 2 - The company is opening a purchase channel for eligible tax-compliant enterprises to buy the "Flying Moutai" at 1499 yuan per bottle, with improved policies compared to last year, eliminating the need for additional purchases or bottle returns [3] - The company is undergoing a marketing transformation aimed at consumer-centric strategies, with plans to eliminate the traditional distribution model by 2026 and enhance online and offline channel integration [5][6] Group 3 - Starting January 1, 2026, the company will launch various Moutai products on its iMoutai app, including different vintage years and special series [6] - The company has initiated a share buyback program, repurchasing 87,059 shares at a total cost of 120 million yuan, marking its second round of buybacks since its listing [7][8]