Tsingtao Brewery Co., Ltd., one of the oldest beer producers in China, was founded in 1903 by German and British merchants under the name Nordic Brewery Co., Ltd. Tsingtao Branch. Tsingtao Brewery was the sponsor of the Beijing Olympics in 2008. The brand value of Tsingtao Beer is as high as RMB 36.625 billion, making Tsingtao Brewery the top Chinese beer company among the world’s top 500 brands.
On July 15, 1993, Tsingtao Brewery became the first-ever Chinese company to be listed on the Hong Kong Stock Exchange (stock code 0168). On August 27, 1993, it was listed on the Shanghai Stock Exchange (stock code: 600600), making Tsingtao Brewery the first Chinese company to be listed in both Mainland China and Hong Kong.
Due to numerous strategic mergers and acquisitions, purchases of insolvent