Kweichow Moutai Launches Blockchain and Digital Services Subsidiary

The statement is strongly supported by a consensus among multiple, highly authoritative sources. Several reputable financial news outlets, including Sina Finance, Cailian Press, and East Money, as well as a secondary report on Yahoo Finance, explicitly confirm the establishment of a new, wholly-owned subsidiary by Kweichow Moutai. These sources are consistent in naming the subsidiary ('iMoutai Digital Technology Co., Ltd.' or close variations) and, crucially, in stating that its registered business scope includes 'blockchain services' or 'blockchain technology-related software and services.' The credibility of these reports is further strengthened by their citation of Tianyancha, a primary corporate business registry in China.While the provided sources from Moutai's official website do not directly announce the new subsidiary, they strongly corroborate the company's strategic focus on digital services, such as developing digital traceability and anti-counterfeiting systems. This aligns perfectly with the stated purpose of the new subsidiary and provides strong supporting context. There is no contradictory evidence among the sources. The overwhelming weight of direct, consistent, and credible evidence makes the statement highly likely to be true.