Data collected over the past 24 hours shows a significant overall recovery in the average terminal retail prices for major Chinese baijiu products on June 3rd. If one bottle of each major product were packaged and sold together, the total price today would be 9,925 yuan, a substantial increase of 25 yuan from yesterday, marking the highest level in nearly five days. The market has shown a fluctuating recovery after earlier declines, with a noticeable warming of sentiment in terminal trading. Today, with the exception of a slight dip for the standard Wuliangye Eighth Generation, all other top ten varieties either rose or remained flat.
Of the 11 major baijiu products tracked today, eight rose, one fell, and two were unchanged, giving the gainers a clear majority. On the upside, Fenjiu 20, Guojiao 1573, Yanghe Dream Blue M6+, and Crystal Jiannanchun each rose by 4 yuan per bottle. Fenjiu 20 ended a seven-day consecutive decline but remains constrained near its monthly low. Guojiao 1573 returned above the 890 yuan level. Crystal Jiannanchun's increase matched its largest monthly gain, and its price also equaled its monthly high. Premium Moutai and Gujing Gongjiu 20 each rose by 3 yuan per bottle. Feitian Moutai and Xijiu Junpin each increased by 2 yuan per bottle. On the downside, the standard Wuliangye Eighth Generation fell slightly by 1 yuan per bottle, continuing to hover near its monthly low. The prices for Wuliangye Yibin Co.,Ltd. (ASX: 000858) 1618 and Fenjiu 20 remained unchanged from the previous day. The former has shown quite stable performance over the past month, while the latter remains deeply entrenched near its secondary monthly low.
The daily pricing data is sourced from approximately 200 collection points reasonably distributed across major regions nationwide. These points include, but are not limited to, liquor company-appointed distributors, independent distributors, e-commerce platforms, and retail outlets. The raw sample data consists of the actual transaction-based terminal retail prices handled by each point over the past 24 hours, aiming to provide objective, scientific, and fully traceable data on the market prices of well-known baijiu brands. With the official iMoutai platform beginning sales of Feitian Moutai at 1,499 yuan per bottle around New Year's Day (adjusted to 1,539 yuan on March 31st) and Premium Moutai at 2,299 yuan per bottle starting January 9th (adjusted to 2,359 yuan on May 16th), the magnetic influence of this new sales channel on the terminal retail averages for these two products has gradually become apparent. The daily published prices follow calculation rules weighted by real transaction volumes, and we have incorporated the verifiable prices from this channel into the calculations for these two products' terminal retail prices.
In other significant industry news, Kweichow Moutai announced last night that the company has decided to adjust the cash dividend per share for its 2025 annual profit distribution plan from 27.99 yuan (including tax) to 28.02 yuan (including tax). As of the announcement date, the company's total share capital is 1.25 billion shares, with zero shares in the special securities account for repurchase. Adhering to the principle of maintaining the total distribution amount unchanged, the adjusted total cash dividend to be distributed is 35.033 billion yuan (including tax). The announcement noted that the discrepancy between the board's resolution amount and the final figure is primarily due to the rounding of the cash dividend per share.
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