Data collected over the past 24 hours indicates that the average retail prices for major Chinese baijiu products experienced a slight increase on May 8th. If one bottle of each major product were bundled together, the total price would be 9,944 yuan today, marking a 5-yuan rise from the previous day and ending the brief correction observed earlier. The market has stabilized after a short period of weakness, with end-user trading sentiment remaining steady, although significant price divergence among core products persists.
Among the 11 major baijiu products tracked today, five saw price increases, four decreased, and two remained unchanged, indicating a slight advantage for gainers. On the upward side, Qinghua Lang led the gains, rising by 7 yuan per bottle to climb back above the 700-yuan threshold. Yanghe Dream Blue M6+ increased by 4 yuan per bottle, matching its highest price in nearly a month. Wuliangye 1618 rose by 2 yuan per bottle, while Gujing Gongjiu Gu 20 and Xijiu Junpin each increased by 1 yuan per bottle. On the downward side, Guojiao 1573 experienced the largest decline, dropping by 5 yuan per bottle. This product has recently shown considerable price volatility, fluctuating repeatedly near the 900-yuan mark. Crystal Jiannanchun decreased by 3 yuan per bottle, and both Feitian Moutai and Premium Moutai fell by 1 yuan per bottle. The prices for Wuliangye Standard Fifth Generation Eighth Edition and Qinghua Fen 20 remained unchanged from the previous day.
The daily pricing data is sourced from approximately 200 collection points distributed reasonably across major regions nationwide. These points include, but are not limited to, distributors appointed by distilleries, independent distributors, e-commerce platforms, and retail outlets. The raw sample data consists of actual transaction-based retail prices from these points over the past 24 hours, aiming to provide objective, scientific, and fully traceable data on the market prices of renowned baijiu products. Since the official i-Moutai platform began selling Feitian Moutai at 1,499 yuan per bottle (increased to 1,539 yuan per bottle on March 31st) and Premium Moutai at 2,299 yuan per bottle starting January 9th, the gravitational influence of this new sales channel on the average retail prices of these two products has gradually become apparent. The daily published prices follow a calculation rule weighted by actual transaction volume, and verifiable prices from this channel have been incorporated into the terminal retail price calculations for these two products.
In other significant industry news, Kweichow Moutai Co.,Ltd. issued an update on its share repurchase progress. By the end of April 2026, the company had repurchased a cumulative total of 1,083,300 shares, with a total expenditure of 1.521 billion yuan, reaching the lower limit of its previously disclosed repurchase plan (1.5 billion yuan). Looking at the monthly execution for April 2026 alone, the company repurchased 289,100 shares at a cost of 409 million yuan, with repurchase prices ranging between 1,400.52 yuan and 1,454.40 yuan per share. According to the repurchase plan, the company intends to repurchase shares worth between 1.5 billion and 3 billion yuan, leaving nearly 1.479 billion yuan of repurchase capacity available for the remaining period. The repurchased shares will be canceled to reduce the company's registered capital. In yesterday's trading session, the share price of Kweichow Moutai Co.,Ltd. declined by 0.29%, closing at 1,371.05 yuan.
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