About TSINGTAO BREW Company

The predecessor of Tsingtao Brewery Co., Ltd. (hereinafter referred to as “Tsingtao Brewery”) was the Germanic Brewery Company Qingdao Joint Stock Company founded in Qingdao in August 1903 by a German businessman and an English businessman. It is a beer manufacturer with a long history in China. Currently, the brand is worth 198,566 billion yuan, ranking first in the Chinese beer industry for 18 consecutive years, ranking among the world's top 500 brands. On 1993/7/15, Tsingtao Brewery Stock Exchange (HK0168) was listed on the Hong Kong Stock Exchange. It was the first company in mainland China to be listed overseas. On August 27 of the same year, Tsingtao Brewery (600600) was listed on the Shanghai Stock Exchange, becoming the first company in China to be listed simultaneously in both places. By the end of 2021, Tsingtao Brewery had more than 60 beer manufacturers in 20 provinces, municipalities directly under the Central Government and autonomous regions across the country, leading the domestic beer industry in size and market share. In 2021, Tsingtao Brewery climbed another historic peak on the basis of record business performance. The company achieved a total of 7.93 million kiloliters of product sales; achieved operating income of RMB 30.17 billion, an increase of 8.7% over the previous year; and achieved net profit attributable to shareholders of listed companies of RMB 3.16 billion, an increase of 43.3% over the previous year. Revenue and net profit have once again reached record highs. Currently, Tsingtao Brewery is exported to more than 100 countries around the world, including the United States, Canada, the United Kingdom, France, Germany, Italy, Australia, South Korea, Japan, Denmark, and Russia, making it the fifth largest beer manufacturer in the world. Tsingtao Brewery has included almost every gold medal in beer quality evaluations held since the founding of New China in 1949, and has won gold medals many times in international evaluation contests held around the world. It was nominated for the China Quality Award twice in 2018 and 2021. In 2018, it won awards such as the “European Beer Star” and the “World Beer Championship” gold medal; in 2019, it also won the “World Beer Championship” gold medal; and was selected as one of the “100 Model Brands of the China Brand Powerhouse Festival”. In 2020, it won the title of “Most Competitive Enterprise”. In 2021, it won the “European Beer Star” Gold Award again, was on the “Most Admired Chinese Company” list 16 times, and won the “China's Respected Company” 18 times. On the occasion of the celebration of the 100th anniversary of the founding of the Communist Party of China, the Party Committee of Tsingtao Brewery Company was awarded the “National Advanced Grassroots Party Organization”. After becoming the official sponsor of the 2008 Beijing Olympics, Tsingtao Brewery once again joined hands with the Olympics and became the official sponsor of the 2022 Winter Olympics in Beijing. In March 2021, Tsingtao Brewery was awarded the world's first industrial Internet “lighthouse factory” for the beer and beverage industry. With the mission of “creating happiness for life”, adhering to the century-old motto of “good people make good wine”, Tsingtao Brewery is committed to “becoming a world-class enterprise with a globally influential brand”.