Kweichow Moutai to Transfer i-Moutai Platform Assets to Wholly-Owned Subsidiary
Kweichow Moutai announced on August 14 that it plans to transfer, through a non-compensatory transfer, assets related to the i-Moutai digital marketing platform, including information systems and domain names, to its wholly-owned subsidiary Guizhou Aimaotai Digital Technology Co. , Ltd. (the "Digital Technology Company"). In addition, the company will sub-license the use of trademarks including "MOUTAI" to the Digital Technology Company within the authorized scope.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is neutral for Alcoholic Beverages, with intensity 20/100 and 60% confidence over a short term horizon.
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