Gao Weidong’s “first show” of the chairman’s shareholder meeting of the new Maotai was accused of arrogance: executives withdrew midway, canceled shareholder interactions, suspended parity Feitian “discriminated shareholders”
China Internet Finance June 13 (Reporter Li Jing) On the afternoon of June 10, the high-profile Guizhou Maotai Annual Shareholders’ Meeting was held at the Moutai International Hotel. Due to the epidemic, only shareholders and shareholders’ representatives attended the on-site meeting this year. 300 people. Despite this, this general meeting was also the focus of attention in the industry because it was the "first show" of Gao Weidong, chairman of Maotai Group, who took the new hundred days.
However, unlike the atmosphere of intense excitement in previous years, the hundreds of small and medium shareholders who participated in the Maotai Shareholders’ Meeting this year were full of grievances: the complete process of the shareholders’ meeting in the past included “senior executives’ speeches, voting decisions, and interactive links”, which were directly “shrinked” "Into a "Chairman's speech, and then directly declare the meeting closed", and "Chairman's speech", that is, "read two hours of manuscripts"; executives collectively withdrew midway, canceling the shareholder interaction link, although there are many shareholders on the scene They raised their hands one after another, but were "ignored" by the organizer, and directly declared the meeting closed without giving opportunities for small and medium shareholders; the once-priced sales outlet of the Maotai Liquor, which was once a special "welfare" of the shareholders meeting, was also suspended during the shareholders meeting this year. Business, "Flying wine that ordinary tourists can usually buy, but it has restricted shareholders", this is "naked discrimination shareholders."
Some Guizhou Maotai shareholders admitted on social media platforms: "This year's shareholders meeting, I can't find the feeling of home", and some media pointed out in the news that this is "arrogant shareholders meeting", "Guizhou Maotai, you don't deserve to own Such a good shareholder!"
In addition, according to the practice in previous years, during the Maotai Shareholders’ Meeting, each participating shareholder can obtain the purchase qualification of 1 box of Flying Maotai, 2 bottles of Chinese Zodiac Maotai, and other Moutai series wines at the market-guided price.
At this year’s Maotai Shareholders’ Meeting, the company changed the traditional way of “shareholder gift box” dominated by flying Maotai, with a variety of Moutai series wines, including 53-degree flying Maotai, the Chinese zodiac Maotai, and Maotai Prince (Sauce Classic) ), Han sauce wine, Maotai welcome wine (China Red), Guizhou Daqu wine (70s), Renjiu, Lai Mao wine (inheritance blue) (2.0), etc., a total of 8 bottles, priced at 5666 yuan.
Because of the above-mentioned Moutai series wines, most of them are far less valuable than Flying Moutai. This year's "Shareholder Gift Box" has also been referred to by the industry and shareholders as a "disguised tie-in" popular product.
Gao Weidong, the new chairman of Maotai Group, responded to this at a general meeting of shareholders: "For the first time in the form of a product gift box of a joint stock company, it is provided to shareholders to purchase wine. All eight products were produced during the general meeting of shareholders on June 10. From other The same 8 bottles of wine can be bought in places, but the 8 bottles of wine produced on the same day on June 10 must not be bought, which is very commemorative."
It is worth mentioning that as early as August 2018, Maotai Group, when Li Baofang was chairman, issued an internal document entitled "Notice on Prohibiting the Combination of Maotai Liquor and Maoxiang Series Liquor Sales". It is clearly pointed out that for distributors that distribute both Maotai and Xiangtai liquors, it is strictly forbidden to mix and match Maotai and Maotai liquors. Once the above behavior is discovered, the company will suspend business transactions between the two parties and request rectification; the situation is serious , The cooperation is terminated.
In addition to the details of the meeting that dissatisfied many on-site shareholders, this shareholder meeting also conveyed a lot of positive messages: Guizhou Moutai launched the highest dividend distribution plan in the past year at this shareholder meeting, "To the end of 2019 The share capital is the base number. For every 10 shares of the company’s shareholders, a cash dividend of 170.25 yuan (including tax) is distributed, and a total profit of about 21.387 billion yuan has been distributed. In the 19 years since its listing in 2001, the total dividend of Maotai has reached 75.732 billion yuan (this data (Excluding the portion of the 2019 profit distribution plan that has been declared unissued), accounting for 45.12% of the company's total net profit, and the proportion of cash dividends in the past five years has exceeded 50%."
"The dividend plan submitted to the meeting today is the highest in the past year, and we have done our best. We still choose a high proportion of dividends in special periods, which is to return shareholders with actual actions." Gao Weidong said on the scene.
When introducing the focus of work in 2020, Gao Weidong gave specific business objectives: first, to achieve a total operating income growth of about 10% over the previous year; second, to complete capital construction investment of 5.371 billion yuan; third, to achieve "double hundred" in production safety "Double zero and three low", environmental protection meets the requirements of national regulations.