Tan Dinghua, former vice general manager of Chinese liquor producer Kweichow Moutai, is under investigation, local authorities said Friday [25 March 2016]. Tan is alleged to have committed “serious violations of party discipline,” according to the Communist Party of China’s Guizhou provincial discipline inspection commission…Full Article: China Daily Mar 2016
- In February 2015, Tan Dinghua retired as Vice General manager of Moutai.
- In January 2016, Chinese e-commerce website Vipshop was found selling fake Moutai liquor. As a result, Vipshop stated it would suspend its liquor sales, including Moutai (~CNY 1,000 or US$150 per bottle).
- In February 2013, China’s NDRC (National Development and Reform Commission) fined Kweichow Moutai CNY 247 million (US$39.5 million) due to price fixing.
- In January 2013, the NDRC and Price Bureau in Guizhou Province investigated Kweichow Moutai in accordance with China’s 2008 Anti-monopoly law. Moutai was forcing distributors to sell at high prices
- In November 2012, Chinese product safety officials found excessive levels of plasticizers in a sample baijiu liquor that was manufactured by Jiugui Liquor Co.
- In 2012, a 500ml bottle of Kweichow Moutai 53-degree liquor (the company’s primary product) cost CNY 2,000 (~US$316). In 2015, the price for Moutai 53-degree liquor dropped to CNY 1,000 (~US$161) per 500ml bottle.
- Established in 1999 in Guizhou province (southwestern China), Kweichow Moutai is a state-owned enterprise in China, specializing in the production and sales of Maotai liquor, together with the production and sale of beverage, food and packaging material, and development of anti-counterfeiting technology.