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Kweichow Moutai

Kweichow Moutai is a Chinese alcohol company that produces a strong, alcoholic beverage called Moutai, a popular traditional Chinese beverage.

Categories

Retail and Consumer Goods  

#35

Rank

$267.23B

Marketcap

CN China

Country

Kweichow Moutai
Leadership team

Zheng Qiang Zhong (Deputy Gen. Mang.)

Jingren Li (Acting GM & Director)

Gang Liu (Deputy GM, Financial Director & Sec.)

Industries

Retail and Consumer Goods

Products/ Services
Enterprise Software, Food and Beverage, Packaging Services
Number of Employees
20,000 - 50,000
Headquarters
Motai, Guizhou, China
Established
1999
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
600519.SS
Overview
Location
Summary

Kweichow Moutai is a leading Chinese alcoholic beverage company based in Renhuai, Guizhou province. It is best known for producing Baijiu, a type of traditional Chinese distilled spirit made from fermented sorghum. The company was established in the 1950s and has a long history of producing high-quality Baijiu.

Kweichow Moutai has become one of the largest and most valuable companies in China, with exports to over 120 countries worldwide. The company's stock is listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange.

Its products are popular not only in China but also around the world, and the company has been listed as one of the world's most valuable alcoholic beverage companies. Kweichow Moutai is known for its commitment to quality, with Moutai often being referred to as the "national liquor with a thousand-year history." The company has received numerous awards and accolades for its products, including being named China's most valuable brand.

In addition to its production of Baijiu, Kweichow Moutai is also known for its innovative marketing strategies and commitment to quality and tradition. The company has a strong brand image and reputation, and is widely recognized as a symbol of Chinese culture and hospitality. Kweichow Moutai is also involved in various social and environmental initiatives, and is committed to sustainability and corporate social responsibility.

History

Kweichow Moutai, also known as Maotai, is a Chinese alcoholic beverage company known for its production of baijiu, a type of distilled liquor. The company was founded in 1952, but its history dates back to the Qing Dynasty.

In 1573, during the Ming Dynasty, a distillery was established in the town of Maotai in the Guizhou province of China. The distillery produced a type of baijiu that was popular among Chinese officials and gained a reputation for its high quality. The distillery was later acquired by the state in the 1940s and became known as the Kweichow Moutai Factory.

In 1951, the Chinese government decided to produce Kweichow Moutai on a large scale to increase revenue for the country. The factory was modernized and the production process was standardized, leading to increased efficiency and higher quality.

In 1952, the Kweichow Moutai Factory was established as a state-owned enterprise by the newly formed Communist government. The company's main focus was to produce Moutai for government officials and diplomats. During the Cultural Revolution, Moutai became a symbol of revolutionary spirit, and the company was given special status as a "national liquor".

In the 1980s, China started to open up to the world, and Kweichow Moutai began exporting its liquor to other countries. The company went through a period of rapid growth and expansion, with the production volume increasing from 20,000 tons in 1985 to 100,000 tons in 1990.

In 1990, Kweichow Moutai was restructured as a joint-stock company, and in 2001 it was listed on the Shanghai Stock Exchange. The company's market capitalization has since grown to become one of the highest among Chinese companies.

In 1990, the company underwent significant reforms, transitioning from a state-owned enterprise to a joint-stock company, with the Chinese government retaining a controlling stake. This change allowed the company to expand and modernize its operations while also increasing its profitability.

Throughout the 1990s and 2000s, Kweichow Moutai continued to grow, with a focus on increasing production capacity, improving quality control measures, and expanding its distribution network both domestically and internationally. The company's success has been driven by its commitment to preserving the traditional methods of Moutai production while also embracing modern technology and innovation.

In recent years, Kweichow Moutai has continued to enjoy strong growth, with a surge in demand for its premium Moutai liquor both domestically and internationally. In 2017, the company's market capitalization surpassed that of China Mobile, making it the country's most valuable company.

As of 2023, Kweichow Moutai remains a leading producer of high-end liquor in China, with its Moutai brand recognized as a symbol of Chinese culture and tradition. The company has also expanded into other areas, including real estate development and financial services, as it seeks to diversify its business and drive continued growth.

Mission

Kweichow Moutai's mission is to produce high-quality baijiu, a type of Chinese liquor, using traditional brewing techniques and modern technology. The company aims to become a leading global baijiu brand and to promote Chinese culture and heritage through its products. 

Kweichow Moutai strives to uphold its reputation for quality and authenticity, while also fostering innovation and sustainable development. The company is committed to social responsibility and ethical business practices, and seeks to create value for all of its stakeholders, including customers, employees, shareholders, and the wider community.

Vision

Kweichow Moutai's vision is to continue to be a leading producer and exporter of high-quality baijiu in China and globally. Kweichow Moutai has a strong commitment to traditional craftsmanship and quality, which is reflected in their slogan "heritage, inheritance, and innovation." 

The company aims to preserve the heritage and tradition of baijiu while innovating to meet the changing tastes and preferences of consumers. Kweichow Moutai also has a focus on sustainable and responsible business practices, which align with their vision for long-term growth and success.

Key Team

Ding Xiongjun (Chairman)

Zheng Qiang Zhong (Deputy Gen. Mang.)

Jingren Li (Acting GM & Director)

Gang Liu (Deputy GM, Financial Director & Sec.)

Recognition and Awards
Kweichow Moutai has won numerous awards since the Chinese Revolution, including National Quality Management Award in 2005, Advanced Information-based Enterprise in China's award in 2006, and grand gold medal at the Concours Mondial de Bruxelles Guiyang 2015 Spirits Selection. Additionally, Kweichow Moutai Chenniang was awarded a Red Dot Design Award in 2017.
Products and Services

Kweichow Moutai is a Chinese liquor company that specializes in the production of baijiu, a type of distilled liquor that is widely popular in China. The company is best known for its flagship product, Moutai, which is considered a national treasure and is widely regarded as China's most prestigious and expensive liquor.

Moutai is produced using a unique fermentation and distillation process that has been perfected over centuries. The liquor is made from sorghum, wheat, and water, which are fermented using a special yeast culture. The resulting mash is then distilled in large clay ovens and aged for several years in ceramic jars before it is ready for consumption.

In addition to Moutai, Kweichow Moutai also produces a range of other baijiu products, including Feitian, Xijiu, and Moutai Prince. These products are made using similar production techniques and are marketed to different segments of the Chinese liquor market.

Kweichow Moutai has also expanded into other areas of the alcoholic beverage industry, including wine and beer. The company produces a range of wines under the Moutai brand, including red, white, and sparkling wines. It also produces a range of beers, including Moutai Beer and Wuling Beer.

In addition to its core products, Kweichow Moutai offers a range of services to its customers, including liquor education and training programs, as well as tasting and pairing events. The company also offers a range of branded merchandise, including glassware, accessories, and gift sets.

References

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Kweichow Moutai
Leadership team

Zheng Qiang Zhong (Deputy Gen. Mang.)

Jingren Li (Acting GM & Director)

Gang Liu (Deputy GM, Financial Director & Sec.)

Industries

Retail and Consumer Goods

Products/ Services
Enterprise Software, Food and Beverage, Packaging Services
Number of Employees
20,000 - 50,000
Headquarters
Motai, Guizhou, China
Established
1999
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
600519.SS