"One province, one policy" implemented in Guizhou, Agricultural Bank adds new members, and Maotai Group becomes a shareholder.
Recently, there has been a significant breakthrough in the reform of the Guizhou Agricultural Credit Society, with the approval for the Guizhou Rural Commercial Joint Bank to open. Of note, the China Guizhou Maotai Distillery Co., Ltd. has become an important shareholder. Industry insiders believe that Maotai Group's investment will bring capital strength, market reputation, and deep synergy of the industrial chain ecology to the newly formed provincial rural commercial joint bank. Looking ahead to next year, experts have stated that the "one province, one policy" agricultural credit society reform will build on the foundation of risk management, and will carry out a series of institutional developments in order to achieve a solid and sustainable effect.
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