On May 21, Yibin Wuliangye Co., Ltd. (Wuliangye) announced that it would spend up to 10 billion yuan (RMB) to repurchase company shares. As the Chinese liquor industry continues to decline, Wuliangye's stock price has fallen by three-quarters from its peak.
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On May 21, Yibin Wuliangye Co., Ltd. (Wuliangye) announced that it would spend up to 10 billion yuan (RMB) to repurchase company shares. As the Chinese liquor industry continues to decline, Wuliangye's stock price has fallen by three-quarters from its peak.