贵州茅台称张德芹在任职期间，忠实履职、务实敬业、辛勤付出，为公司高质量发展作出了积极贡献，董事会对张德芹表示衷心感谢

Core Viewpoint - The announcement reveals that Zhang Deqin, the chairman of Kweichow Moutai Co., Ltd., has resigned due to work adjustments, effective immediately upon submission of his resignation report to the board [1] Summary by Sections - Resignation Announcement - Kweichow Moutai's board received a written resignation report from Chairman Zhang Deqin on October 27, 2025 [1] - Zhang Deqin has applied to resign from his positions as chairman, director, and relevant committee roles due to work adjustments [1] - Acknowledgment of Contributions - The company expresses gratitude for Zhang Deqin's dedicated service and contributions to the company's high-quality development during his tenure [1] - Next Steps - The company will convene a board meeting and a shareholders' meeting in accordance with legal regulations and the company's articles of association to elect a new chairman [1]