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China Resources Beer

crbeer.com.hk

Founded Year

1993

Stage

Corporate Minority - P2P | IPO

Market Cap

200.17B

About China Resources Beer

China Resources Beer (HKG: 0291) is a Hong Kong-based investment holding company principally engaged in beer businesses. The company's businesses include the manufacture, sales and distribution of beer products. The company was founded in 1993 and is based in Wan Chai, Hong Kong.

Headquarters Location

39/F China Resources Building 26 Harbour Road

Wan Chai,

Hong Kong

852 2874 0280

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Latest China Resources Beer News

China's top beer maker bets on strong 'baijiu' market

Jan 4, 2023

China's top beer maker bets on strong 'baijiu' market China Resources Beer grabs white liquor maker to meet shifting tastes China's alcoholic beverage market is diversifying, with drinkers opting for a wider variety of product than in the past. (Photo by Shin Watanabe) SHIN WATANABE, Nikkei staff writer January 4, 2023 09:30 JST DALIAN, China -- China's top brewer is diversifying as beer sales shrink in China. It is homing in on the baijiu white liquor market, which it sees as having huge growth potential. In October, China Resources Beer (Holdings), known for its Snow brand, announced that a unit of the company had agreed to buy a 55.19% stake in Chinese colorless liquor maker Guizhou Jinsha Jiaojiu Winery Industry to bolster its nonbeer assets. It will buy the stake for some 12.3 billion yuan ($1.75 billion) as it looks to become a diversified and dominant maker of alcoholic beverages. Read Next

China Resources Beer Frequently Asked Questions (FAQ)

  • When was China Resources Beer founded?

    China Resources Beer was founded in 1993.

  • Where is China Resources Beer's headquarters?

    China Resources Beer's headquarters is located at 39/F China Resources Building, Wan Chai.

  • What is China Resources Beer's latest funding round?

    China Resources Beer's latest funding round is Corporate Minority - P2P.

  • Who are the investors of China Resources Beer?

    Investors of China Resources Beer include Heineken.

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