Jul. 4, 2012 (China Knowledge) - Kweichow Moutai Co Ltd<600519
>, China's top ultra-premium traditional liquor maker, saw its stock price surged 5.41% yesterday to reach a record high of RMB 254.94.
Kweichow Moutai was listed in Shanghai Stock Exchange
on Aug 27, 2001 with issue price of RMB 31.39. As of yesterday, the company’s market value exceeded RMB 264.67 billion.
The liquor maker strive to realize RMB 50 billion in operation revenue by 2013 and RMB 100 billion by 2017, two and three years in advance respectively, said Zhao Shuyue, vice party secretary of Kweichow Moutai Co.
In May 2012, the company said its operation revenue for 2012 will increase about 51% YoY to RMB 27.79 billion, China Knowledge reported earlier