On February 25, rumors emerged suggesting that the ex-factory price of Feitian Moutai had been raised from 1,169 yuan per bottle to 1,299 yuan per bottle.
In response, the company stated: "We have not received any related information. If there is a price increase, it will be announced publicly. All information should be based on official announcements."
Additionally, a distributor of Moutai in Sichuan Province also indicated: "We have not received any notification at this time."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments