Moutai Sudden Development! Suspected of Serious Violations of Discipline and Law, Jiang Yan Under Investigation

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【Introduction】Jiang Yan, member of the Party Committee, Deputy General Manager, Chief Financial Officer, and Secretary of the Board of Guizhou Moutai Co., Ltd., is under disciplinary review and supervisory investigation.

China Fund Reporter Chen Xi

Major News in Baijiu Anti-Corruption!

On March 13, according to “Lianjie Zunyi,” Jiang Yan, member of the Party Committee, Deputy General Manager, Chief Financial Officer, and Secretary of the Board of Guizhou Moutai Co., Ltd., is suspected of serious violations of discipline and law and is currently undergoing disciplinary review and supervisory investigation by the Discipline Inspection and Supervision Team stationed at Guizhou Moutai Distillery (Group) Co., Ltd., under the Guizhou Provincial Commission for Discipline Inspection and Supervision and the Zunyi Municipal Supervisory Committee.

On the same day, Guizhou Moutai announced that the company received a notice from the Zunyi Municipal Supervisory Committee on March 13, 2026, regarding the detention of Jiang Yan.

Guizhou Moutai stated that the matter will not have a significant impact on the company’s production, operation, and management. Currently, Chairman Chen Hua is acting as the Secretary of the Board.

Public resume information shows that Jiang Yan, female, born June 1977, holds a bachelor’s degree in law and a master’s degree in business administration.

(Jiang Yan, photo)

Jiang Yan initially worked in banking, having worked at the Bank of China Guizhou Branch and Industrial Bank Guizhou Branch.

From October 2012 to August 2014, Jiang Yan participated in the preparatory work for Guizhou Moutai Group Finance Co., Ltd., serving as Risk Director. From August 2014 to December 2017, she was involved in the establishment of Moutai Jianxin (Guizhou) Investment Fund Management Co., Ltd., serving as General Manager; participated in the establishment of Moutai Jianyin (Shanghai) Financial Leasing Co., Ltd. (later renamed Moutai (Shanghai) Financial Leasing Co., Ltd.), serving as Chairman.

Since December 2017, Jiang Yan has served as Chairman and General Manager of Moutai Jianxin (Guizhou) Investment Fund Management Co., Ltd., Chairman of Moutai (Shanghai) Financial Leasing Co., Ltd., and Party Branch Secretary; from March 2021, she has been Vice Chairman of Guiyang Guiyin Financial Leasing Co., Ltd.; from November 2021, she has been Deputy General Manager, Chief Financial Officer, and Acting Secretary of the Board of Guizhou Moutai Co., Ltd.; in January 2022, she was appointed Secretary of the Board.

In November 2025, Guizhou Moutai held its Q3 2025 earnings presentation. At that time, Jiang Yan attended as Vice General Manager, Chief Financial Officer, and Secretary of the Board, answering investor questions. Jiang Yan stated that the current channel stock-to-sales ratio of Feitian Moutai is at a healthy level, and other Moutai products like boutique series are at relatively reasonable levels.

Previously, several key leaders of Guizhou Moutai had been investigated, including former Chairman Yuan Renguo, Gao Weidong, and Ding Xiongjun.

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