CR Snow

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Company structure

Ownership structure of a major Chinese producer is rather complex, and it has been recently changed. But the central company, serving as a base of brewing business is still China Resources Snow Breweries, Ltd. (CR Snow below).

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China Resources Beer has bigger M&A fish to fry

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Over the past two decades, China Resources Beer has become the largest player in the Chinese beer market by aggressively snapping up smaller targets. But on Friday, management declared that from now on, it will only pursue big acquisitions. (more…)

Beginner’s guide to Chinese beer

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Beer, as we know it today, was first brewed in China in 1900 when a brewery was founded in Harbin, the capital of Heilongjiang Province. The country has never looked back. (more…)

China Resources Beer shares down 4% after rights issue

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Shares of state-backed China Resources Beer closed down 4.1% at 16.26 Hong Kong dollars on Wednesday after it announced a rights issue to fund the buyout of the world’s best-selling beer from joint-venture partner SABMiller. (more…)

Frank Lai Ni Hium Resigns as CFO of China Resources Beer Company

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Chief Financial Officer and the Company Secretary of the Company, due to his other career aspirations, and will cease to be a member of each of the Executive Committee, the Finance Committee and the Nomination Committee, all took effect on 1 June 2016. (more…)