Brief introduction of Tsingtao Brewery Group

Tsingtao Brewery Group is a national large-scale enterprise group with Tsingtao Brewery Group Co., Ltd. as the core, and it is also one of the eight major enterprise groups supported by the Shandong provincial government.

Tsingtao Brewery Group Co., Ltd. was established on 1 April 2, 19971,and owns 44.42% of the shares of Tsingtao Brewery Co., Ltd. Its wholly-owned subsidiaries are: Tsingtao Brewery Real Estate Development Company, Tsingtao Brewery Advertising Communication Company, Tsingtao Brewery Property Management Company, Tsingtao Brewery Engineering Company and Tsingtao Brewery Material Management Company. By the end of 1997, Tsingtao Brewery Group had total assets of RMB 4.2 billion and 7,000 employees.

Tsingtao Brewery Co., Ltd., controlled by the group company, formerly known as state-owned Tsingtao Brewery, was founded in 1903. It is the oldest beer producer in China, with a world-renowned Tsingtao beer brand, which has been selling well at home and abroad and won many gold medals. Currently, it has been sold to more than 40 countries and regions. 1999, the company's beer production capacity exceeded10 million tons, making it the largest beer producer in China with the second largest export volume.

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The Development Course of Tsingtao Beer

1903, Tsingtao Brewery was founded by British and German businessmen, then named as "German Beer Co., Ltd. Qingdao Company", and the production equipment and raw materials were imported from Germany. The product 1906 won the gold medal in Munich International Fair.

65438-0993 Tsingtao Brewery Co., Ltd. was established and entered the international capital market. Its shares are listed in Hongkong and Shanghai respectively, making it the first joint-stock company in China to be listed in both places at the same time. The large amount of funds raised has laid a solid foundation for its rapid development in the future.

1997, Tsingtao Brewery Group was established, holding 44.42% of the shares of Tsingtao Brewery Co., Ltd. By the end of 1997, the total assets had reached 3.9 billion yuan. The Group will further utilize its brand and technical advantages to expand diversified business areas and develop economies of scale.

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