We are now the leader of A shares, and the highest price should be Maotai. The stock price of Kweichow Moutai is high because of its high net profit and total profit, but the profit of Kweichow Moutai is much less than that of Zhongyan, because Zhongyan is too profitable. The market value of Maotai is more than one trillion yuan, so the natural share price of China Tobacco, whose profit is several times that of Maotai, is much more expensive than that of Maotai, so it is very possible to break through 1000 billion.
China Tobacco Corporation, referred to as China Tobacco, was established in June 1982 1. Its main responsibility is to implement centralized and unified management of the production, supply, marketing, import and export business and foreign economic and technological cooperation of its affiliated enterprises in accordance with national laws and relevant regulations, decrees, guidelines and policies of the State Council.
China Tobacco Corporation is an enterprise owned by the whole people. It is a national economic entity that integrates agriculture, industry and commerce and has legal personality. It is led by the State Tobacco Monopoly Bureau.
The business scope of China Tobacco Corporation is to organize and arrange the production, operation and construction of the national tobacco industry in a unified way, to make overall arrangements for the coordinated development of agriculture, industry and commerce in the tobacco industry, to promote the technical and management progress of the industry, to develop horizontal economic union and to solve major problems in the production and operation of the industry. Leading, coordinating, managing and serving tobacco grass-roots industrial and commercial enterprises.