Kweichow Moutai Co., Ltd.

Kweichow Moutai Co., Ltd. is a beverage company operating in China's Guizhou province that produces baijiu, a traditional grain spirit. Its shares have traded on the Shanghai Stock Exchange under the code 600519 since 2001. The controlling stake in the company belongs to a state group under the Guizhou provincial government.

The company's main product is Moutai baijiu, made in the town of Maotai from sorghum and wheat through long fermentation and aging processes and known for its distinctive soy sauce aroma. The product is positioned in China as a prestige spirit favored at business dinners, at celebrations and as a gift. Sales are made through authorized distributors, the company's own stores and a digital sales app called i-Moutai; the company also offers product series aimed at different price segments.

Those following Moutai stock track consumer confidence in China, the trend in wholesale market prices for the product, the share of the direct sales channel, austerity rules for public institutions and inventory levels. Although the shares trade in yuan, the Lzzo.com page shows the price converted into US dollars; the chart and technical indicators are presented on the same basis.