Guizhou Maotai (600519.SH) is planning to invest approximately 774 million yuan to implement the renovation project of the drainage pipeline network of the Maotai Headquarters Liquor Workshop (Phase II).

Zhtng Cijng APP news, Guizhou Maotai (600519.SH) announced that the company's board of directors approved the proposal of "About investing in the implementation of the modification project of the drainage pipeline network in Maotai's main brewing workshop (Phase II)". The meeting decided that the company will invest approximately 774 million yuan for the implementation of the modification project of the drainage pipeline network in Maotai's main brewing workshop (Phase II). The construction scope includes the brewing workshops 9-18, 21-30, the 1-4 rooms area of brewing workshop 8, and the drainage pipeline network in the office areas of each workshop unit. The necessary funds will be self-financed by the company.