Kweichow Moutai Co., Ltd. is a partial publicly traded, partial state-owned enterprise in China, specializing in the production and sales of the spirit

Maotai Maotai or Moutai is a style of baijiu, a distilled Chinese liquor (spirit), made in the town of Maotai in China's Guizhou province. Produced by the state-owned Kweichow Moutai Company, it is distilled from fermented sorghum and comes in several ...

baijiu ''Baijiu'' (), also known as ''shaojiu'' (/), is a colorless Chinese liquor typically coming in between 35% and 60% alcohol by volume (ABV). Each type of baijiu uses its own type of ''qū'' for fermentation to create a distinct and charact ...

, together with the production and sale of beverage, food and packaging material, development of anti-

counterfeiting To counterfeit means to imitate something authentic, with the intent to steal, destroy, or replace the original, for use in illegal transactions, or otherwise to deceive individuals into believing that the fake is of equal or greater value tha ...

technology, and

research and development Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existi ...

of relevant information technology products. As of 2021, it is the largest

beverage company The drink industry (or drinks industry, also known as the beverage industry) produces drinks, in particular ready to drink products. Drink production can vary greatly depending on the product being made. ManufacturingDrinks.com explains that "bot ...

in the world and China's most valuable non-technology company. In 2022, Kweichow Moutai overtook

Tencent Tencent Holdings Ltd. () is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the wo ...

as China's largest company by market capitalization.

History

Its A shares were listed in the

Shanghai Stock Exchange The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Excha ...

in 2001. It is one of the few Chinese listed companies whose share price had exceeded

CNY The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022 ...

100. The price reached CNY803.5 in 2018. Kweichow Moutai is a subsidiary of

Kweichow Moutai Group Guizhou (; formerly Kweichow) is a landlocked province in the southwest region of the People's Republic of China. Its capital and largest city is Guiyang, in the center of the province. Guizhou borders the autonomous region of Guangxi to the ...

, which in turn is owned by the . It is the world's largest

distiller Distillation, or classical distillation, is the process of separating the components or substances from a liquid mixture by using selective boiling and condensation, usually inside an apparatus known as a still. Dry distillation is the heatin ...

and the world's most valuable spirit company, having surpassed

Diageo Diageo plc () is a multinational alcoholic beverage company, with its headquarters in London, England. It operates from 132 sites around the world. It was the world's largest distiller before being overtaken by Kweichow Moutai of China in 201 ...

in April 2017. Kweichow Moutai and

Camus Albert Camus ( , ; ; 7 November 1913 – 4 January 1960) was a French philosopher, author, dramatist, and journalist. He was awarded the 1957 Nobel Prize in Literature at the age of 44, the second-youngest recipient in history. His work ...

started the cooperation in 2004 and Camus became the worldwide exclusive distributor of Moutai products for the duty-free market.

References

External links

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Kweichow Moutai Overview at World Indicium
{{Navboxes , list = {{FTSE China A50 Index {{Hang Seng China 50 Index {{Chinese alcoholic beverages Companies in the CSI 100 Index Companies listed on the Shanghai Stock Exchange Companies based in Guizhou Companies owned by the provincial government of China Drink companies of China Food and drink companies established in 1999 Chinese beer brands Distilleries Chinese companies established in 1999