Guizhou Maotai's 2025 annual report is released: total revenue is about 172.1 billion yuan, and the annual dividend will reach 65.033 billion yuan.

Guizhou Maotai released its annual report for 2025. The report shows that in 2025, the company achieved a total operating income of 172.054 billion yuan, a total profit of 114.755 billion yuan, and a net profit attributable to shareholders of 82.32 billion yuan. Maotai liquor achieved operating revenue of 146.5 billion yuan, a year-on-year increase of 0.39%, with sales volume of Maotai liquor at approximately 46,800 tons, a year-on-year increase of 0.73%; the Maotai sauce-flavor series of liquors achieved revenue of 22.275 billion yuan, with sales volume of the series at approximately 38,400 tons, a year-on-year increase of 3.88%. The cash balance at the end of 2025 was 126.426 billion yuan.