China does not suffer from lack of small breweries. In total, according to the industry experts there are more than 2000 breweries of various scales. Twenty years of merges and takeovers of big companies did not influence the operation of small entrepreneurs; many of them can produce craft beer. (more…)
Anheuser-Busch InBev NV’s $107 billion acquisition of SABMiller Plc is nearing Chinese approval after the companies agreed to divest the maker of Snow beer, the world’s top-selling brand, according to people familiar with the matter. (more…)
According to Hai Tong Securities research report, the craft beer market in China is growing rapidly and the gross margine and net profit margine in this sector amount to 50% and 30% correspondently. This is much more than the producers of the traditional bottle beer earn. (more…)
The unfavorable condition of the Chinese brewing industry did not prevent AB InBev from expanding their production as they constructed several new brewhouses in 2014-2015 and started new beer filling lines. (more…)
Mr. Li Ruxiong resigned from the position of Executive Director, Chief Financial Officer and the company’s secretary. He will be replaced by Li Boasheng, who joined CR Brewery team in September 2008, at the age of 49. (more…)
The revenue of Chinese Tsingtao Brewery Co., Ltd in 2015 amounted to 27.63 billion yuan which is 4.87% less versus the previous period. And the net profit decreased by 20.18% to 1.612 billion yuan. (more…)
On 27 May, it became known that the usual «big green stick» bottle of Snow Beer of 580 ml was substituted by a new pack of 500 ml. A row of supermarkets practically do not propose beer in the old pack any more as it was replaced by half-liter bottle which has already become standard. (more…)
An authorized agent of Yanjing Beer at company Elephas Investment Management (EIM), an Asia based alternative investment management firm, represented results of a research concerning the Chinese beer market situation on 20 May, 2016. (more…)
May 20 kicked off the fifth annual Shanghai Beer Week. Beer is huge in the world’s most populous nation, and craft beer is growing — Shanghai’s Boxing Cat Brewery even won a silver medal at last month’s World Beer Cup. According to reports by the USDA Foreign Agricultural Service, China has been both the world’s largest beer producer and consumer for more than 12 years. However, in 2014, domestic production declined for the first time in a decade, just as the craft beer market has started to grow. (more…)
On May 24, 2016, at a board meeting an elective resolution was taken to close Chongqing Brewery Bozhou Co., Ltd in Anhui, with a production capacity of 40 mln liters of beer per year.
Closing the brewery in Anhui province fully complies with the optimization policy which was agreed upon at Chongqing Brewery Co., Ltd board meeting on 27 November, 2015. (more…)
