Yuan Renguo, former chairman of Moutai, Guizhou, has died.

Chengdu Business Daily Red Star News Financial News Official Account Red Star Capital Bureau Monday (September 11) interviews and verified that Yuan Renguo, former chairman of Moutai Group, has died.

The relevant staff of a funeral home in Guiyang City told the Red Star Capital Bureau that Yuan Renguo's body is now parked in a funeral home and has not been cremated. The remains were transported from a prison in Guizhou Province.

The close person with related situation also told the Red Star Capital Bureau. After the cremation, Yuan Renguo's ashes will be sent back to his hometown and held a farewell ceremony.

In addition, relevant staff of Guizhou Maotai responded in an interview with the Red Star Capital Bureau that the news of Yuan Renguo's death need to be verified.

Yuan Renguo was born in 1956, from Guizhou.Since joining the work in the Moutai Winery in Guizhou in 1975, his entire career is at Moutai Group.Yuan Renguo has been the chairman of Moutai Group for seven years, and the chairman of Guizhou Moutai, a listed company for nearly 20 years.

In May 2019, Yuan Renguo was removed from the position of deputy director of the Economic Committee of the CPPCC of the Guizhou Provincial Political Consultative Conference and revoked the qualifications of CPPCC members.The website of the Central Commission for Discipline Inspection reported that Yuan Renguo was investigated on the 22nd of the same month, and pointed out that Yuan Renguo's behavior was very bad, and it was decided to give the party to the expedition and the public office ("double opening").

On June 29, 2019, the Guiyang People's Procuratorate filed a public prosecution to the Guiyang Intermediate People's Court for suspected bribery.In September 2021, Yuan Renguo was sentenced to life imprisonment for bribery and confiscated all personal property.

After reviewing, Yuan Renguo used the deputy general manager of the Moutai Winery of Guizhou Province from 1994 to 2018, deputy general manager of the Moutai Winery (Group) Co., Ltd.The convenience of the general manager, chairman, chairman of Guizhou Moutai Wine Co., Ltd., etc., helps others to help others obtain Moutai wine distribution rights, household distribution, increase the supply of Moutai wine, and illegally accept the property given by othersA total of more than 122.9 billion yuan (RMB, about $ 21 million).