KWEICHOW MOUTAI(SH:600519) Di Yi Cai Jing·2026-02-05 02:37Group 1 - The iMoutai app experienced significant access issues on February 5, with users unable to log in and purchase Moutai due to server overload, leading to speculation about server failure [1] - The market price of Moutai has seen a recent surge, with a price difference of 150 to 200 yuan per bottle between the iMoutai purchase price and the market price, causing a doubling in the price of proxy purchasing services [1] - The wholesale price of Feitian Moutai stabilized at 1665 yuan per bottle, while retail prices returned to around 1750 yuan per bottle, indicating volatility in the market [3] Group 2 - iMoutai reported significant user growth after launching the 1499 yuan Moutai, with 6.28 million new users in the first month and over 1.53 million monthly active users [3] - The total number of transactions exceeded 2.12 million, with over 1.43 million orders for the 500ml Guizhou Moutai, indicating strong demand [3] - The price for reselling Moutai on secondary platforms has increased, with sellers listing prices between 1650 and 1699 yuan per bottle, creating an arbitrage opportunity of around 200 yuan [3]