Qingdao Beer Group Profile.doc

 PAGE \* MERGEFORMAT 8 Qingdao Beer Group Profile Tsingtao Brewery Group, Qingdao Beer Group Co., Ltd. by the establishment of the state as the core of large enterprise groups is also key support for the provincial government of Shandong province-wide eight business groups. Qingdao Beer Group on April 21, 1997 set up and charged with Tsingtao Brewery Co., Ltd. 44.42% stake in its wholly owned subsidiaries are: real estate development company Tsingtao Brewery, Qingdao Beer advertising media company, Tsingtao Brewery property management company, Tsingtao Brewery Engineering Co., Qingdao Beer materials management company. As of the end of 1997, Tsingtao Beer Group’s total assets of 4.2 billion yuan, the total number of 7,000 employees. Tsingtao Brewery Group Holdings Co., Ltd. formerly state-owned Qingdao Brewery, founded in 1903, is China’s oldest beer manufacturer, with world famous Qingdao beer brands sold in the domestic and foreign markets do not decline, and fail to received the Gold Awards, has sold more than 40 countries and regions. 1999’s breakthrough in beer production capacity of 1 million tons, is the largest export volume and yield of the second-largest beer producer. Tsingtao Brewery History In 1903, Qingdao Brewery by the British, German business was founded, when the name ‘German stock company, Qingdao Beer Company’, production equipment, raw materials are imported from Germany. The plant products in 1906 that the International Fair in Munich, received the gold medal. In 1993, Tsingtao Brewery Co., Ltd. was established and access to international capital markets, the company’s shares are listed in Hong Kong and Shanghai, becoming the first domestic listed in both places at the same time Co., Ltd., raised solid investment for the future rapid development has laid a solid basis. In 1997, the Qingdao Beer Group was established and charged with Tsingtao Brewery Co., Ltd. 44.42% stake, as of the end of 1997, total assets had reached 3.9 billion