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According to the news of Maotai on December 13th, on December 12th, Zhang Pingan, managing director of Huawei Technologies Co., Ltd. and CEO of Huawei Cloud, visited Maotai and held an exchange discussion with Zhang Deqin, Party Secretary and Chairman of Maotai Group.It is reported that the cooperation between Maotai and Huawei first began on April 26, 2020, when the two sides signed a strategic cooperation agreement in Shenzhen. This agreement marks the comprehensive cooperation between the two companies in information consulting planning, new infrastructure and "Smart Maotai" project. Since then, the two sides have continued to promote cooperation and explore the path of digital transformation and intelligent upgrading.In the secondary market, Kweichow Moutai closed at 1,519 yuan per share on December 13th, down 2.99%, with a total market value of 1.9 trillion yuan. Huawei Concept, Huawei Hisilicon Concept Stock, Huawei Euler, Huawei Kunpeng, Huawei Mobile Phone, Huawei Auto, Huawei Pangu, Huawei Digital Energy and HarmonyOS Concept all fell by more than 1%.

Maotai and Huawei exchanged views.On that day, the market opened lower and went lower all day, with the three major indexes all falling over 2% and the Shanghai Composite Index falling below 3,400 points. At the close, the Shanghai Composite Index fell 2.01%, the Shenzhen Composite Index fell 2.23% and the Growth Enterprise Market Index fell 2.48%.In August 2023, Maotai and Huawei signed a deepening strategic cooperation agreement again, further consolidating the cooperative relationship between the two sides, and planning to carry out more in-depth cooperation in smart parks, industrial Internet and other fields. This shows the joint efforts and willingness of long-term cooperation between the two sides in digital transformation and modern management construction.

4,410 stocks in the whole market fell and rose by 920. The turnover of the whole day was 2,089.8 billion, which was 202.4 billion more than the previous trading day.In August 2023, Maotai and Huawei signed a deepening strategic cooperation agreement again, further consolidating the cooperative relationship between the two sides, and planning to carry out more in-depth cooperation in smart parks, industrial Internet and other fields. This shows the joint efforts and willingness of long-term cooperation between the two sides in digital transformation and modern management construction.