Maotai JCP1 The put warrant will expire on May 29, 2007, Guizhou Moutai Everbright Securities Co., Ltd. and Guotai Jun'an Securities Co., Ltd., the recommendation institutions for share reform, specially remind investors of the following matters:
1. May 22, 2007 is the last trading day of Maotai JCP1, and trading will be stopped from May 23, 2007.
2. The exercise date of Maotai JCP1 is only one day, that is, May 29, 2007. Maotai JCP1 that has not exercised its rights on that date will be cancelled and will no longer have any value.
3. Maotai JCP1 is a put warrant and adopts shares As a result, investors must own at least 1/4 of the shares of Guizhou Moutai Liquor Co., Ltd. with the number of put warrants to be exercised.
4.4 The holders of Moutai JCP1 have the right to sell one share of "Guizhou Moutai" shares to China Guizhou Moutai Distillery Co., Ltd. at a price of 30.30 yuan on May 29, 2007 only.
5. As of May 25, 2007, the closing price of "Guizhou Moutai" was 106.39 yuan, much higher than the exercise price of 30.30 yuan. If on May 29, 2007, the closing price of "Guizhou Moutai" is still 30.30 yuan higher than the exercise price, then Maotai JCP1 will have no exercise value and participation in the exercise will only lead to losses. Lian Jianming
