Kweichow Moutai is looking to expand its operations in Guizhou province under the auspices of the "Greater Moutai Group." (File photo/Xinhua)
Kweichow Moutai Company, the distiller of maotai liquor in southern China's Guizhou province, has started creating its "Greater Moutai Group," led by the provincial government.
Four local private Chinese liquor makers hand-picked by the company have finished the first round of negotiations with the company to form the group, including Guizhou Goutai Liquor Company, Guizhou Huaizhuang Jiuye Jituan Company, Guizhou Renhuai Maotai Town Hutu Wine Company and Guizhou DiaoYutai Guobin Wine Industry Company, according to China's Economic Daily.
However, Goutai Liquor is said to have expressed objections to becoming a member of the group while other three liquor makers have shown their interest. Zhang Chunxin, general manager of Goutai Liquor, said that the company wants to go public for itself instead of becoming allied with the local liquor giant.
Kweichow Moutai Company 茅臺集團
Guizhou Goutai Liquor Company 貴州國台酒業
Guizhou Huaizhuang Jiuye Jituan Company 貴州懷莊酒業
Guizhou Renhuai Maotai Town Hutu Wine Company 貴州省仁懷市茅臺鎮糊塗酒業
Guizhou DiaoYutai Guobin Wine Industry Company 貴州釣魚臺國賓酒業