Kweichow Moutai Net Worth is56.2 12-Month Sales Growth (%)
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Moutai, or Maotai (the former spelling is based on the traditional romanization before Pinyin, and is also used officially by the producing company) (SSE: 600519), is a Chinese liquor, or baijiu.
It is produced in the town of Maotai (e??a??e??), in the city of Renhuai, Guizhou province, Southwest China. It is believed that the town of Maotai possesses a unique climate and vegetation that contributes to the taste of the drink. Maotai, which is classified as "sauce-fragranced" (e??e??, jiangxiang) because it offers an exceptionally pure, mild, and mellow soy sauce-like fragrance that lingers after it is consumed, is distilled from fermented sorghum and now comes in different versions ranging in alcohol content from the standard 53% by volume down to 35%.
During the Qing Dynasty (1644-1911), Maotai became the first Chinese liquor to be produced in large-scale production with an annual output of 170 tons. In 2007, more than 6,800 tons of Maotai were sold. Maotai is named after the town with the same name near Zunyi in Renhuai, Guizhou Province, where winemaking has a very long history. The Maotai of today originated during the Qing Dynasty and first won international fame when winning a gold medal at the 1915 Panama-Pacific Exposition in San Francisco. In addition, Maotai was also named a national liquor in 1951, two years after the founding of People's Republic of China. Maotai also claimed two gold medals separately at the Paris International Exposition in 1985 and 1986. Maotai has won 14 international awards and 20 domestic awards since the Chinese Revolution.
Maotai has been used on official occasions in feasts with foreign heads of state and distinguished guests visiting China. It is the only alcoholic beverage presented as an official gift by Chinese embassies in foreign countries and regions. It received additional exposure in China and abroad when Zhou Enlai used the liquor to entertain Richard Nixon during the state banquet for the U.S. presidential vi

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Kweichow Moutai Latest News

After Overtaking Diageo, China's Moutai Plans Three IPOs

Solve The Indo-American Food Fight And Save The WTO Farm (Bloomberg) -- China Kweichow Moutai Distillery Group is planning initial public offerings for three businesses by 2020 as the world’s most valuable spirits company expands beyond its core liquor ...
Posted: December 15, 2017, 2:52 am

Bears and bulls lock horns over China's blue chips

SHANGHAI (Reuters) - Kweichow Moutai, the Chinese drinkmaker made famous when Richard Nixon drank its fiery sorghum liquor on his historic state visit to Beijing in 1972, has been the toast of the mainland’s blue chip stock rally, surging 93 percent this ...
Posted: December 12, 2017, 2:27 am

BRIEF-Kweichow Moutai plans production expansion project for about 3.56 bln yuan

Dec 6 (Reuters) - Kweichow Moutai Co Ltd: * SAYS IT PLANS PRODUCTION EXPANSION PROJECT WITH INVESTMENT OF ABOUT 3.56 BILLION YUAN ($538.29 million) Source text in Chinese: bit.ly/2AeuPw4 Further company coverage: ($1 = 6.6135 Chinese yuan renminbi ...
Posted: December 6, 2017, 3:01 am
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