Within half a month, two major baijiu companies have successively "lost generals": Moutai's "chief financial officer" Jiang Yan investigated while in office.
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The calm of the market was broken by a major announcement from Moutai.
On March 13, Guizhou Moutai issued an announcement stating that the company had received notification from the Zunyi Municipal Supervision Committee: Jiang Yan, a member of the Party Committee, Deputy General Manager, Chief Financial Officer, and Board