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in recent years, kweichow moutai has continued to develop steadily and has achieved remarkable results in the market. in 2023, kweichow moutai has maintained market confidence through the increase in holdings by major shareholders and announced a commitment to a three-year dividend rate of no less than 75%, which has made investors' expectations for kweichow moutai's future growth clearer. this repurchase and cancellation will further consolidate market trust and inject strong momentum into the company's future development.
there is a profound strategic significance behind kweichow moutai's repurchase. first, by repurchasing and canceling shares, kweichow moutai can effectively control the company's stock price fluctuations, thereby better maintaining the company's long-term value. second, this strategy can effectively enhance the company's market competitiveness and attract more investors' attention. finally, kweichow moutai's positive actions also reflect the company's confidence in its future development direction and bring clearer expectations to investors.
kweichow moutai's repurchase is not only part of the company's own strategic deployment, but also has an important market effect. this repurchase has injected a shot of confidence into the market and released positive market sentiment and investment signals. investors' confidence in kweichow moutai will be further consolidated, which will have a positive impact on the development of the entire liquor industry.