Kweichow Moutai Co.Ltd(600519) , which has always been a famous brand in China, was disqualified from the qualification of national enterprise technology center by the national development and Reform Commission because of unqualified evaluation!!!
evaluation unqualified
Kweichow Moutai Co.Ltd(600519) revoked the qualification of national enterprise technology center
Recently, the national development and Reform Commission issued a notice announcing the evaluation results of the national enterprise technology center in 2021.
Among the 1744 national enterprise technology centers in China, 142 enterprises such as China Kweichow Moutai Co.Ltd(600519) distillery (Group) Co., Ltd. were rated as unqualified because the evaluation score was lower than 60, and their qualification as national enterprise technology center was revoked.
According to the evaluation results, the score of Kweichow Moutai Co.Ltd(600519) is only 50.7.
The reason is that the above-mentioned enterprises that are evaluated as unqualified are evaluated as unqualified due to the reasons that the number of research and test development personnel is less than 150, the original value of enterprise technology development instruments and equipment is less than 20 million yuan, and the expenditure of research and test development funds is less than 15 million yuan. Their qualification as national enterprise technology center is revoked.
According to the performance data just released, Kweichow Moutai Co.Ltd(600519) 2022 achieved a revenue of 20.2 billion yuan and a net profit of 10.2 billion yuan from January to February. Previously, in 2021, the revenue exceeded 109.2 billion yuan and the net profit was 52 billion yuan.
Wuliangye Yibin Co.Ltd(000858) , Fenjiu good
Maotai, Jiannanchun and the great wall were removed
In the evaluation of the national enterprise technology center, 11 national enterprise technology centers related to alcohol such as Maotai and Wuliangye Yibin Co.Ltd(000858) participated in the evaluation. Among them, Baijiu 6, brewery 3, wine 2.
Among the liquor enterprises in this evaluation, Wuliangye Yibin Co.Ltd(000858) scored the highest, with 82.3 points, ranking 385; Fen Liquor scored 79.6 points, ranking 557.
Maotai distillery scored 50.7 points, ranking 1672, and ranked bottom among 1744 enterprises. In addition, Jiannanchun scored 55.9 points, ranking 1649 points, and was cancelled the title of national enterprise technology center. Great Wall wine scored 57.0 points and failed. It was also disqualified from the national enterprise technology center.
Subsequently, according to the notice on the new identification in 2021 (the 28th batch) and the list of all national enterprise technology centers triggered by the national development and Reform Commission, Maotai, Jiannanchun and Great Wall wines have been removed from the list of national enterprise technology centers, and there are only 8 national enterprise technology centers related to alcohol.
Maotai ESG rating reduced to CCC
In the ESG evaluation dimension, product innovation R & D investment is an important social indicator Kweichow Moutai Co.Ltd(600519) since accepting the ESG rating of MSCI in April 2018, it has been stable at level B representing the position of “laggard”.
In July 2021, the ESG rating was lowered to CCC, which fell behind the level of 8% among the 53 peer companies in the beverage industry assessed by MSCI, which was in sharp contrast to its amazing revenue level and stock price trend.
It is understood that Kweichow Moutai Co.Ltd(600519) is located in the list of companies with the world’s top 25 market capitalization, and it is also the only company with an ESG rating of CCC among the 25 companies.
Foreign investors who attach great importance to ESG have also reduced their holdings of Kweichow Moutai Co.Ltd(600519) .
At the end of September 2021, the US capital group with an asset management scale of US $2.6 trillion disclosed its position information, and many of its fund products significantly reduced their holdings Kweichow Moutai Co.Ltd(600519) . Among them, the American Funds European Growth Fund, which holds the largest amount of Kweichow Moutai Co.Ltd(600519) shares in the world, held 5.8232 million shares at the end of the third quarter, with a quarter on quarter decrease of 11.19%.
In January 2022, Aberdeen standard SICAV I – China a share equity fund, the seventh largest overseas Chinese equity fund, from Aberdeen standard SICAV I – China a share equity fund under European asset management giant Aberdeen investment, reduced its holdings of each of the top ten heavy positions. Including China Tourism Group Duty Free Corporation Limited(601888) 6.96% reduction and Kweichow Moutai Co.Ltd(600519) 4.29% reduction.
Kweichow Moutai Co.Ltd(600519) since the high of 221696 yuan at the end of last year, it has fallen by 20%.
Mengniu, Yili, Beida Fangzheng, etc.
several well-known brands have also been disqualified
It is worth mentioning that besides Baijiu, there are two leading enterprises in the dairy industry, Inner Mongolia Yili Industrial Group Co.Ltd(600887) and Mengniu Dairy industry.
At the same time, founder of Peking University, Sogou and brilliance automobile have also been disqualified from the national enterprise technology center.
It is worth mentioning that enterprises whose operation evaluation is unqualified and whose qualification of national enterprise technology center is revoked shall not be recommended for declaration again within two years from the date of revocation.
It is understood that enterprises can enjoy certain policies and tax preferences after being rated as the national enterprise technology center.
According to the recent news from Chengdu development and Reform Commission, enterprises that have been awarded the national enterprise technology center can enjoy preferential policies such as exemption from import tax for scientific and technological development products. The State supports the “national enterprise technology center” to undertake the central R & D task, which will create favorable conditions for enterprises to further expand R & D investment and improve innovation ability.
According to the detailed rules for the implementation of several policies of Qingdao Municipal People’s Government on promoting the accelerated development of advanced manufacturing industry, enterprises recognized by the national enterprise technology center will be given a one-time reward of 5 million yuanp align=”center”>
