Maotai plans to set 30-60 small targets for repurchase and cancellation, in order to salvage its failed split (referred to as allocation) Maotai is the most typical arbitrage split, which essentially involves OTC arbitrage between scalpers and regional distributors, reducing the number of downward sourcing channels, brand building+artificial scarcity+OTC price hikes=arbitrage split The hair removal industry chain is like the web3 hair removal studio. Don't reform from top to bottom and ruin others' jobs. Let's all die together