Tsingtao Brewery Co. Ltd (TSGTF)

Description:

Tsingtao Brewery Co Ltd is engaged in the production and sales of beer, while its subsidiaries and associated companies are mainly engaged in the production, sales and domestic trade of beer. The Company has seven reportable segments: Shandong region, responsible for the production and distribution of beer in Shandong region and surrounding regions; Huanan region, responsible for the production and distribution of beer in South China region; Huabei region, responsible for the production and distribution of beer in North China region; Huadong region, responsible for the production and distribution of beer in East China region; Dongnan region, responsible for the production and distribution of beer in Southeast China region; Hong Kong, Macau and other overseas, responsible for the distribution of beer in Hong Kong, Macau and other overseas; and Finance Company, engaged in the financial businesses of wealth management and agency collection and payment for its members. The Company owns 54 wholly-owned and controlling breweries, and 11 associated breweries in 20 provinces, cities and regions all over China. The Tsingtao Beer has become the well-known Chinese brand in the international market and has been distributed to more than eighty countries and regions throughout the world.