据"江西水利电力大学"微信公众号消息：10月31日，江西水利电力大学"段锡明夫妇教育专项基金"捐赠仪式在瑶湖校区行政楼300会议室举行。 段永平向江西省江西水利电力大学教育发展基金会无偿捐赠其持有的贵州茅台酒股份有限公司股票壹万股（市值人民币1500万元）， 以父 母名义设立教育专项基金，全力支持该校励教奖学事业发展。 对此， 段永平在其雪球账号"大道无形我有型"的主页上表示：" 其实只是1万股茅台，他们每年花分红就好。市值只是暂时的。 " 大道无形我有型 拿 3小时前·来自iPad 其实只是1万股茅台,他们每年花分红就好。市值只是暂时的。 @猎手与农夫 : 毕业10年了,刚才看到学校公众号发的。 @大道无形我有型 段总再次捐赠 念，这次是1500万的茅台股份 我记得,我2011年刚上大学的时候,印象最深的建筑就是学校图书馆 2 好 投 5- 息 老 物 好 的 好 2小时前 · 转发 37 · 讨论 92 · 赞 129 豆 1 tﻝ 938 ြ 31 头条新闻 7x24h电报 实时盯盘 VIP资讯 准确 快速 权威 专业 下载财联社APP获取更多资讯 ...

Core Points - The article highlights the donation made by Duan Yongping, who donated 10,000 shares of Kweichow Moutai Co., Ltd. stock, valued at 15 million RMB, to establish an educational fund at Jiangxi Water Conservancy and Electric Power University [2][5] - This donation follows a previous contribution in 2007, where Duan donated 5 million USD for the construction of the Duan Ximing Library, indicating a long-standing commitment to supporting education [2] - The establishment of the fund is seen as a way to honor his parents' legacy and to encourage more alumni to support the university's educational initiatives [2][3] Summary by Sections Donation Details - Duan Yongping donated 10,000 shares of Kweichow Moutai Co., Ltd., with a market value of 15 million RMB, to the Jiangxi Water Conservancy and Electric Power University Education Development Foundation [5] - The donation is intended to support the university's educational development and to establish the Duan Ximing Educational Fund [2] Significance of the Donation - The donation reflects the deep-rooted connection between the Duan family and the university, emphasizing the importance of education in their family values [3] - The fund is expected to provide strong support for the university's development, especially during its new phase following its name change [3] Background on Duan Yongping - Duan Yongping, born in March 1961 in Nanchang, Jiangxi, is the founder of the brands Xiaobawang and Bubugao [4] - He established the Enlight Foundation in 2005, focusing primarily on educational philanthropy [4] - His wealth was ranked 2575th on the Hurun Global Rich List in March 2025, with a net worth of 10 billion RMB [4]

Group 1: Foreign Exchange Reserves and Gold Holdings - As of the end of August 2025, China's foreign exchange reserves reached $332.22 billion, an increase of $29.9 billion from the end of July, marking a rise of 0.91% [1] - The central bank has increased its gold reserves for the tenth consecutive month, with a balance of $253.843 billion as of the end of August, up by $9.858 billion, and the proportion of gold reserves to total foreign exchange reserves rose by 0.23 percentage points to 7.64%, a historical high [1] Group 2: Regulatory Developments - The China Securities Regulatory Commission (CSRC) held a meeting to support the decision of the Central Commission for Discipline Inspection regarding the investigation of former CSRC Chairman Yi Huiman for serious violations of discipline and law [2] Group 3: Real Estate Policy Changes - Shenzhen has announced new real estate policies to better meet residents' housing needs, including adjustments to purchasing policies for individuals and enterprises, effective from September 6, 2025 [3] Group 4: Fund Management Regulations - New regulations on public fund sales fees were released, which are expected to reduce annual sales fees by approximately $30 billion, a decrease of 34% [4] Group 5: Corporate Actions - Kweichow Moutai's controlling shareholder has received a loan commitment of up to 2.7 billion yuan from Agricultural Bank of China to support stock repurchase plans, with a planned repurchase amount between 3 billion and 3.3 billion yuan [4] - Tonghuashun announced that its controlling shareholder plans to reduce its stake by up to 0.26% due to personal financial needs [5] - Huada Jiutian's shareholder plans to transfer 2.64% of the company's shares through an inquiry transfer due to personal funding requirements [6] Group 6: Market Developments - Hesai Group has initiated a global offering of 17 million Class B shares, with a maximum price of HK$228 per share, aiming to raise funds for R&D and business development [7] - Tesla has unveiled a 10-year compensation plan for CEO Elon Musk, potentially worth $1 trillion in stock if all performance targets are met [8] Group 7: Economic Indicators - The U.S. non-farm payroll report for August showed an increase of only 22,000 jobs, significantly below the expected 75,000, with the unemployment rate rising to 4.3%, the highest since the end of 2021 [11]

Group 1 - The core point of the announcement is that Kweichow Moutai Group has increased its shareholding in Kweichow Moutai Co., Ltd. to 679,211,576 shares, representing 54.07% of the total share capital, reflecting confidence in the company's long-term value and sustainable development [3][4]. - The shareholding increase plan is set to be implemented from September 1, 2025, to February 28, 2026, without a specified price range, allowing the group to act based on market conditions [3][4]. - Kweichow Moutai Group has committed not to reduce its shareholding during the implementation period of the increase plan [3]. Group 2 - Kweichow Moutai announced a share repurchase plan with a total expected amount of RMB 3 billion to RMB 6 billion, with a maximum repurchase price of RMB 1,744.30 per share [5]. - The actual repurchase involved 3,927,585 shares, accounting for 0.3127% of the total share capital, with a total expenditure of approximately RMB 6 billion [7][8]. - This marks the first cancellation-style repurchase since Kweichow Moutai's listing, indicating a significant move in the company's capital management strategy [8].

8月29日晚间，贵州茅台发布多份公告，披露公司回购进展，以及控股股东茅台集团的支持动作。 此外，记者梳理发现，茅台集团对贵州茅台的增持行为并不频繁，但每次增持都发生在关键时期。 回顾看，茅台集团及其全资子公司贵州茅台酒厂（集团）技术开发有限公司（以下简称"茅台技术开发 公司"）主要有四次增持动作。 第一次增持发生在2010年5月。贵州茅台当时公告称，公司控股股东拟在未来的1个月内从二级市场上继 续择机增持公司股份，累积增持比例不超过公司已发行总股份的1%。随后，茅台控股股东累计增持了 42.27万股。 第二次增持是在2012年12月。白酒行业当时正经历"塑化剂超标"风波，信任危机蔓延，整个板块股价大 幅下跌。茅台集团逆势增持45.25万股。 第三次增持从2013年9月持续至2014年3月。茅台集团累计增持191.5万股，此后九年未再实施增持。 第四次增持则发生在2023年2月10日。茅台集团和茅台技术开发公司通过集中竞价交易方式联手增持。 一方面，贵州茅台顶额完成回购计划，合计斥资60亿元，实际回购股数为392.76万股，占总股本的 0.3127%，回购价格区间为1408.29元/股—1639.99元/股 2 ...

Core Viewpoint - The company, Guizhou Moutai, has been actively repurchasing its shares, indicating a strategy to enhance shareholder value and confidence in its stock performance [1] Summary by Relevant Sections Share Repurchase Details - As of July 2025, the company has repurchased a total of 69,600 shares, which represents 0.0055% of its total share capital, with a maximum purchase price of 1,449.42 CNY per share and a minimum price of 1,418.06 CNY per share, totaling a payment of 99.93 million CNY [1] - By the end of July 2025, the cumulative repurchased shares reached 3.4517 million, accounting for 0.2748% of the total share capital, with a maximum purchase price of 1,639.99 CNY per share and a minimum price of 1,408.29 CNY per share, resulting in a total payment of 5.301 billion CNY (excluding transaction fees) [1] Future Repurchase Plans - The company anticipates a total repurchase amount ranging from 3 billion CNY (inclusive) to 6 billion CNY (inclusive) [1]

Core Viewpoint - Guizhou Moutai has repurchased a total of 3.31 million shares, representing 0.2635% of the company's total share capital, with a total expenditure of approximately 5.1 billion yuan [1] Summary by Category Share Repurchase - As of the end of May 2025, the company has repurchased 3.31 million shares [1] - The highest purchase price was 1,639.99 yuan per share, while the lowest was 1,417.01 yuan per share [1] - The total amount paid for the repurchased shares is approximately 5.1 billion yuan, excluding transaction fees [1] Purpose of Repurchase - The repurchased shares are intended for cancellation and reduction of registered capital [1]