Kweichow Moutai Co (SHA: 600519), commonly know as Guizhou Maotai, is China's most well-known brand and distiller of baijiu, or white liquor. It provides gift liquor, common liquor and other liquor series products to domestic and overseas markets.
The Renhuai, Guizhou province-based company is one of most lucrative companies in China. It posted ¥11.63 billion in revenues and ¥5.05 billion in net profits for 2010, up 20.3% and 17.1% respectively from the year before. It produced 32,612 tons of Maotai liquor in 2010. The company had 10,062 employees and ¥25.59 billion in total assets as of December 31, 2010.
It plans to post ¥26 billion in revenues and produce 40,000 tons of liquor annually by 2015.
Guizhou Maotai was incorporated in 1999 and listed in Shanghai in 2001.
$1 = ¥6.39
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