Tsingtao (brewery)
Tsingtao Brewery Co., Ltd. | |
---|---|
legal form | Co., Ltd. |
ISIN | CNE1000004K1 |
founding | 1903 |
Seat | Qingdao , People's Republic of China |
management | Sun Ming Bo, chairman |
Number of employees | 43,228 |
sales | 26.106 billion CNY 3.572 billion euros |
Branch | brewery |
Website | www.tsingtao.com.cn |
As of December 31, 2016 |
Tsingtao ( Chinese 青島 啤酒 / 青岛 啤酒 , Pinyin Qīngdǎo Píjiǔ ) is a brewery founded in 1903 from the former German colonial city of Tsingtau (today's Pinyin inscription: Qīngdǎo ) in the People's Republic of China .
Tsingtao is one of the two largest breweries in China and one of the top 10 worldwide. The beer produced there is exported to more than 100 countries.
history
The brewery was founded in 1903 by German settlers as the Germania brewery in Kiautschou . The company was also maintained during the First and Second World War and the time of the Japanese occupation.
The spelling Tsingtao is special because the official description of the place name is Qingdao . On the other hand, the old German place name was not taken over directly, because it was Tsingtau .
In 1949 the brewery was nationalized and privatized again in the 1990s.
Tsingtao was introduced to the US market in 1972 and has been the top-selling Chinese beer in the US ever since . On July 15, 1993, the company went public in Hong Kong . Tsingtao is exported to over 50 countries worldwide. This means that Tsingtao's share of Chinese beer exports is around 50%. In 2016, the company brewed around 79.2 million hectoliters of beer in 62 of its own breweries. Two other breweries are operated as a joint venture .
Tsingtao's market share in China is around 17% (2019).
Tsingtao is the second largest brewery in the People's Republic of China . In 2016 it was the 6th largest brewery in the world.
There are around 60 brewery locations in China.
Shareholder structure
In January 2009 Anheuser-Busch InBev sold its 19.9% stake in Tsingtao to the Japanese brewery Asahi . Asahi is thus the second largest shareholder in the Tsingtao brewery with a total share of 31%. Anheuser-Busch InBev retains a minority stake of 7%. In 2017, Asahi still held a share of 19.9%. Asahi sold this stake to the Chinese Fosun Group in December 2017 .
Shareholders
On December 31, 2016, the following shareholders held more than 2% of the company:
Shareholders | Shares |
---|---|
Tsingtao Brewery Group Company Limited | 30.83% |
HKSCC Nominees Limited | 27.42% |
Asahi Group Holdings | 19.99% |
China Securities Finance Corporation | 2.99% |
PICC Life Insurance Company | 2.15% |
Awards
- Gold medal, Munich Beer Expo 1906
- Bronze medal, Pils , Beer World Cup 1993
- Silver medal, Pils, Beer World Cup 1994
- Gold Medal, Chefs in America Award
- Silver medal, Beer World Championship 2003
Beer brands
See also
Web links
- Germania Brewery and its employees (1903 - 1914)
- Tsingtao Beer
- Tsingtao Brewery Group
- Wieland Wagner: Rice in Beer , in: Spiegel Special 3/2008, May 27, 2008
Individual evidence
- ↑ a b c d e Tsingtao Brewery Annual Report 2016 , accessed December 21, 2017
- ↑ Converted at the rate on the balance sheet date, December 31, 2016
- ↑ a b Harald Küst: Duisburg history and stories: Tsingtao and German beer. Retrieved September 2, 2019 .
- ↑ a b The Barth Report: The 40 largest brewery groups in the world as of December 31, 2016. (pdf) Joh.Barth & Sohn GmbH & Co KG., July 2017, p. 8 , accessed on July 22, 2018 .
- ↑ a b Across China: Beer taster makes Chinese brew palatable, recognizable - Xinhua | English.news.cn. Retrieved September 2, 2019 .
- ↑ Qingdao is home to beer in a bag. Retrieved September 2, 2019 .
- ^ Tillmann Neuscheler: The art of brewing: More hops for less beer . ISSN 0174-4909 ( faz.net [accessed September 2, 2019]).
- ↑ The largest breweries in the world ( Memento of the original from June 4, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Wirtschaftswoche , accessed on July 27, 2014.
- ↑ Anheuser-Busch Inbev Press Release: Anheuser-Busch Inbev to Sell Minority Stake in Tsingtao to Asahi ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. (PDF; 509 kB) , Brussels, 23 January 2009
- ↑ Asahi to Sell Its Stake in China's Tsingtao for $ 941 Million , at www.bloomberg.com , accessed December 21, 2017