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Kweichow Moutai Co., Ltd.

Guizhou

Operations prohibited by laws, regulations, or State Council decisions shall not be conducted; operations requiring approval (licensing) as stipulated by laws, regulations, or State Council decisions shall be conducted only after obtaining approval from the relevant authorities; operations not requiring approval (licensing) as stipulated by laws, regulations, or State Council decisions shall be independently chosen by market entities. (Production and sales of Moutai liquor and series products; production and sales of beverages, food, and packaging materials; anti-counterfeiting technology development; research, development, and production of information industry-related products; hotel management, accommodation, catering, entertainment, bathing, and parking lot management services; vehicle transportation (excluding hazardous chemicals), maintenance and repair; second-class value-added telecommunications services.)

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