[Guizhou Moutai's Market Value Surpasses CATL] According to Golden Finance, as of the market close on September 2, Guizhou Moutai was priced at 1,297.5 yuan per share, with a total market value of approximately 1.62 trillion yuan; CATL was priced at 348.29 yuan per share, with a total market value of approximately 1.61 trillion yuan. Looking solely at the A-share market value, Guizhou Moutai had already surpassed CATL on August 31. This marks the first time in nearly a year that the rankings of the two industry giants' total market values have switched again. On September 25, 2025, CATL's total market value reached 1.807 trillion yuan, surpassing Guizhou Moutai's 1.802 trillion yuan for the first time.