China Resources Enterprise Ltd said on Wednesday that its joint venture with SABMiller , the world’s No. 2 brewer, has bought stakes in two beer makers in China from Heineken for 870 million yuan ($134.42 million) to cement its leading position in the country. (more…)
Divests HAPBC’s 49% stake in Jiangsu Dafuhao and ownership of Shanghai-based brewery
Intensifies International Premium Brand Strategy Across China
Underlines commitment to the China beer market with further expansions at breweries in Guangzhou and Hainan (more…)
Snow Beer is worth 46.368 billion, and was ranked 29th in “the leader board of the most valuable Chinese brands,” which was released in the 2011 (8th) Global Brand Conference and Top 500 Valuable Chinese Brands Press Conference recently. (more…)
Anheuser-Busch InBev has lined up a push for Stella Artois in China as it looks to up the presence of its global beer brands in the country. (more…)
CRB laid the foundation stone for its 200-thousand-kiloliter annual production project in Loudi, Hunan Province. (more…)
China Resources Enterprise, Limited on Thursday announced its unaudited quarterly financial and operational review for the three months ended 31 March 2011. (more…)
China Resources Snow Breweries Limited (or ‘CR Snow’), a subsidiary of China Resources Enterprise, Limited (or ‘the Company’) (HKEx: 00291) and a joint venture with SABMiller plc (or ‘SABMiller’), is pleased to announce that CR Snow has been ranked No.1 by sales volume in China’s beer industry (more…)
•Divestment is in line with APB’s China strategy
•Intensifies participation in the premium segment (more…)
China’s Tsingtao Brewery posted a 40 percent increase in first quarter net profit on higher sales, as its distributors stocked up ahead of increases in the prices of it beer products. (more…)
The average Chinese adult drank about a half a bottle of beer in 1961, less than the average resident of Iran. By 1991, consumption topped 27 bottles a year, but still lagged behind 117 other nations, according to the World Health Organization. (more…)
