Japan's leading beer company Asahi announced that the company plans to sell its entire 19.99% stake in the Chinese beer maker Tsingtao.
Chinese spirits and alcohol B2C e-commerce website Jiuxian.com announced that the company has gained additional investment of CNY200 million.
Chinese brewery Yanjing Beer has published its annual results for 2011, stating that its net profit increased by 6.15% during the reporting period.
China's Yanjing Beer Group has announced its performance report for the third quarter of 2011, stating that from January to September 2011, the company realized operating revenue of CNY10.374 billion, a year-on-year increase of 15.83%.
Channel Email In celebration of the German festival "October Fest" Infinity restaurant presents the best of German beer and German cuisine from October 1 to 24. Featuring Hungarian style goulash soup, Bavarian style white sausage, crispy pork knuckle, assorted rolls and sliced bread selection. Lunch RMB 138* per person Dinner RMB 198* per person […]
To enhance its competitiveness in Beijing, China's Tsingtao Beer will invest CNY600 million to build a new brewery project in Shijiazhuang, capital of Hebei province.
Japanese beer manufacturer Asahi Breweries has announced that it plans to become one of the world's top ten food companies, through acquisition and by expanding its business in China.
Anheuser-Busch InBev, Tsingtao Beer's second-largest single shareholder, has announced that it will sell 91,641,342 H shares in Tsingtao Beer for HKD19.83 per share to Chen Fashu, chairman of the Fujian-based New Huadu Industrial Group.
China's leading beer brewer China Resources Snow Breweries has announced plans to invest CNY650 million to set up a production base in Shanghai.
Asahi Breweries and Itochu Corporation have announced the establishment of a milk company in Shandong Province, China.