Kweichow Moutai: Plans to Renew Trademark License Agreement with Moutai Group
Kweichow Moutai plans to renew its trademark license agreement with its parent company, Moutai Group. The agreement will allow Kweichow Moutai to use 106 trademarks, including "Kweichow Moutai" and "Moutai," from January 1, 2027, to December 31, 2029. The licensing fee will be calculated as 1.5% of the annual sales revenue from relevant liquor products, paid quarterly. Additionally, the company announced the appointment of Yu Siming as the new board secretary. AI
IMPACT This news has no direct impact on AI operators.