Kweichow Moutai's 48-year-old Secretary to the Board Jiang Yan Placed Under Investigation After Previous "Detention"

Reporter | Xiao Xia

Editor | Gao Mengyang, Zhu Yimin

The rumor has been confirmed.

On the evening of March 13, Guizhou Moutai announced that on that day, it received a notice from the Zunyi City Supervisory Committee regarding the detention of Jiang Yan, a member of the company’s Party Committee, Deputy General Manager, Chief Financial Officer, and Board Secretary.

The announcement did not specify the exact reason for Jiang Yan’s detention.

On the same day, the official account of the Guizhou Provincial Discipline Inspection Commission and Supervisory Committee stated that Jiang Yan is suspected of serious violations of discipline and law and is currently undergoing disciplinary review and supervisory investigation by the Guizhou Provincial Discipline Inspection Commission and Supervisory Committee stationed at Guimao Group.

According to the 21st Century Business Herald reporter, Jiang Yan was already taken away by the end of the week before last, and this news has been circulating within the industry since last week. There are many speculations about the reason for Jiang Yan’s investigation, some pointing to his connections with former leaders.

Jiang Yan was born in 1977, is 48 years old, and is one of the relatively young core management personnel at Guizhou Moutai. In recent years, at multiple shareholder meetings of Guizhou Moutai, Jiang Yan, as the company secretary, has been responsible for overseeing the meeting process. He also appears at major Moutai events such as distributor networking meetings.

(Jiang Yan at the distributor networking meeting at the end of 2025)

Jiang Yan’s career can be divided into two phases: the Guizhou banking system and the Moutai financial system.

In 2001, after graduating from Guizhou University with a degree in Economic Law from the Law Department, Jiang Yan joined the Guizhou branch of the Bank of China, starting as an accountant and working in the Legal and Compliance Department, Internal Control Compliance/Post-loan Management Department. In 2012, with an MBA from Guangdong University of Technology, Jiang Yan participated in the establishment of the Industrial Bank Guizhou Branch, serving as a member of the startup team and Deputy General Manager of the Business Development Department.

In 2012, Jiang Yan entered the second phase of his career, joining Moutai Group. His professional background aligned with his role, starting in the Moutai Group Financial Company’s startup team as the Risk Director.

Subsequently, Jiang Yan served as chairman of Moutai Financial Leasing Co., a joint venture between Moutai and China Construction Bank’s trust subsidiary Jianxin Trust, as well as Moutai Jianxin Investment Fund Management Co. He also served as Vice Chairman of Guiyin Financial Leasing, a financial leasing company in which Moutai Group holds shares.

Until 2021, Jiang Yan began serving as Deputy General Manager, Chief Financial Officer, and acting Board Secretary of Guizhou Moutai listed company. Starting in November 2022, he became a member of the Party Committee, Deputy General Manager, CFO, and Board Secretary of Guizhou Moutai. At the end of 2022, he also became Party Secretary and Chairman of the Financial Company of Moutai Group.

Based on current disclosures, Jiang Yan’s investigation will not affect Moutai’s normal production and operations. Since January, Moutai’s sales performance has exceeded market expectations, and domestic and international institutions have generally given high praise.

“The company’s directors and other senior management personnel are performing their duties normally, and production and operations are proceeding in an orderly manner. The announcement will not have a significant impact on the company’s production, operation, or management. Currently, the chairman of the company, Chen Hua, is acting as the secretary of the board,” Guizhou Moutai emphasized in the announcement.