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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%.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.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%.It should be said that although Maotai and Huawei belong to different industries, they are both in the leading position in their respective industries. As a high-tech enterprise, Huawei, with the mission of "bringing the digital world to everyone, every family and every organization", can apply information technology to the management and production of Maotai.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%.

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.References: