June 18, 2026 — Chen Hua, Party Secretary and chairman of Kweichow Moutai Group,
chaired the 2026 Moutai 1935 brand market work meeting in Beijing. The group
said Moutai 1935, launched in 2022, has maintained a CNY 10+ billion scale,
reflecting strong brand momentum and market resilience. The inventory-to-sales
ratio is within a healthy, reasonable range and market pressure has been
effectively eased. From January–May revenue and volumes rose steadily and market
fundamentals continue to improve. Terminal transaction prices for the classic
and premium editions remained stable and overall volume-price dynamics are
healthy and robust.