Securities Times reporter Tang Qiang

　　On the evening of January 26, Kweichow Moutai (600519) issued an announcement that Kweichow Moutai decided to invest more than 4.1 billion yuan again to increase the production of a series of wines, with a new production capacity of about 12,000 tons.

In addition, Kweichow Moutai officially appointed Jiang Yan, the company's deputy general manager and chief financial officer, as the secretary of the board of directors of the listed company.

　　This time, the board meeting of Kweichow Moutai decided that the listed company will invest 4.11 billion yuan to implement the first-phase construction project of Xishui Tongmin Dam, a soy-flavored wine in the "14th Five-Year Plan", and the required funds will be raised by Kweichow Moutai.

The construction site of the above project is located in Tongmin Town, Xishui County, Guizhou Province. After the project is completed, it can form a series of wine production capacity of about 12,000 tons, koji production capacity of about 29,400 tons, and wine storage capacity of about 36,000 tons. The construction period is 24 moon.

　　On January 26, the State Council issued the latest opinions on supporting Guizhou to break new paths in the development of the western region in the new era.

The opinions put forward that the advantages of the origin and main production area of ​​Maotai-flavor liquor in the Chishui River Basin should be used to build an important liquor production base in the country.

At the same time, deepen the reform of state-owned enterprises and state-owned assets, deepen the reform of the efficiency-oriented state-owned assets management evaluation system, promote the transformation of state-owned assets supervision from management of enterprises to management of capital, and steadily promote the reform of the marketing system of liquor enterprises.

　　Back in September 2018, Kweichow Moutai announced that according to the development strategy of the listed company, it has decided to invest in the construction of a 30,000-ton Maotai-flavored series wine technical transformation project and its supporting facilities. The total investment of the project is estimated to be no more than 8.384 billion yuan.

　　It is reported that the construction site of the project is in Xinzhai, Ganziping and Dadi, Xishui County.

The project plans to build 84 wine-making plants, renovate 6 wine-making plants and their supporting facilities. After the new construction and renovation is completed, the production capacity of Maotai series wine will be increased by about 30,000 tons; 62 Taotan wine warehouses and their supporting facilities will be built. The new wine storage capacity of Maoxiang series wine is about 83,700 tons; 4 sets of stainless steel tanks are newly built, and the new Maoxiang series wine storage capacity is about 28,000 tons; 8 new koji-making workshops and their supporting facilities can be matched with 28,800 tons The demand for koji for ton Maoxiang series wine making.

　　According to Kweichow Moutai's 2021 interim report, as of June 30 of that year, the cumulative investment in the above-mentioned 30,000-ton sauce-flavored wine technical transformation project and its supporting facilities projects accounted for 31% of the budget, and the project progress was 50%.

　　In addition to announcing new investments, Kweichow Moutai also reviewed and approved the executive appointment proposal at the board of directors, and formally appointed Jiang Yan, the company's deputy general manager and chief financial officer, as the secretary of the board of directors of the listed company.