Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Tsingtao Brewery


Related Topics

In the News (Sun 15 Nov 09)

  
  Taiwan Beer and TsingTao Beer   (Site not responding. Last check: 2007-10-19)
The original brewery sat across the street from a park where German soldiers were quartered.
While the brewery that would become famous for Taiwan Beer was built early in the 20th century, it didn't produce beer under that name until 1945.
Taiwan Beer's breweries have been involved in environmental measures to reduce damage done to the ground and water in addition to putting resources in a place where they are badly needed.
www.american.edu /TED/tsingtao.htm   (3832 words)

  
 Brewed in China, Envied Abroad   (Site not responding. Last check: 2007-10-19)
The original brewery sits across the street from a park where German soldiers were once quartered; company lore has it that the beer was meant to slake the men's thirst.
Buying breweries in the hinterland enabled him to avoid one of the pitfalls of the Chinese industry: protectionism by local authorities who jealously guard their home brew.
Tsingtao, which reclaimed the No. 1 position last year, has acquired 22 breweries from Shenzhen in the south to Beijing in the north.
www.bebeyond.com /KeepCurrent/Recommended/Tsingdao.htm   (1703 words)

  
 Tsingtao Brewery continues Expansion. Beverage Industry News.
The Tsingtao Brewery announced it will use the proceeds raised from Anheuser-Busch, which is raising its stake in China's largest brewer to 27% from 4.5% over the next seven years, to upgrade existing plants and acquire more local breweries.
Tsingtao has a 12.8% share of the domestic market, and has seen exports increase 100% in the first eight months of the year.
State-controlled Tsingtao has embarked on an aggressive acquisition strategy that has seen its number of plants grow from four breweries in its home province of Qingdao in 1994 to the current 46 plants all over China.
www.packaging-industry.info /news/2002/021024_tsingtaobrewery.htm   (275 words)

  
 CNN.com - Tsingtao profits, talks to Bud - July 31, 2002
China's largest brewery made the filing as it said it is in talks with Anheuser-Busch on a partnership in China that could see it increase its stake.
Tsingtao is already a well-known beer in the United States and one of China's best-known brands.
Tsingtao was the first H share to list in Hong Kong back in 1993.
archives.cnn.com /2002/BUSINESS/asia/07/31/hk.tsingtao/index.html   (459 words)

  
 Tsingtao Brewery says net profit up 7 pct. - Boston.com
Tsingtao Brewery says net profit up 7 pct.
Tsingtao Brewery Co., China's largest beer maker by revenue, said Monday its net profit rose to 7 percent to 306.6 million yuan ($38.2 million) in 2005.
Tsingtao, which reported 285.2 million yuan ($35.5 million) in 2004 net profit, didn't elaborate on its latest results in the brief statement filed to the stock exchange.
www.boston.com /business/articles/2006/04/03/tsingtao_brewery_says_net_profit_up_7_pct   (152 words)

  
 USATODAY.com - Anheuser-Busch in talks with Tsingtao   (Site not responding. Last check: 2007-10-19)
HONG KONG (Reuters) — China's largest beer producer, Tsingtao Brewery, said Tuesday it is in exclusive talks with the world's biggest brewer, Anheuser-Busch, about joint ventures in one of the world's fastest-growing beer markets.
Tsingtao, which has acquired more than 40 breweries since 1997, is struggling to improve profitability because aggressive takeovers of weaker breweries, including loss-making and bankrupt ones, have been squeezing margins.
Tsingtao generated net profits of 84 million yuan on sales of 4.7 billion yuan in 2001, compared with net profit of 62 million yuan and sales of 3.4 billion yuan in the previous year.
www.usatoday.com /money/industries/food/2002-07-30-tsingtao_x.htm   (444 words)

  
 Anheuser-Busch Companies
The request by Anheuser-Busch to convert its remaining Tsingtao bonds (HK$1,135,395,342) to newly issued “H” shares of Tsingtao under the terms of the Strategic Investment Agreement with Tsingtao was approved by Tsingtao’s board today.
Tsingtao Brewery Co., Ltd. is the largest brewer in China with its headquarters in Qingdao city, Shandong Province, China.
In addition to the United States, Anheuser-Busch has breweries in the United Kingdom and China; holds a 50 percent share in Grupo Modelo, Mexico’s leading brewer; and has equity investments in Tsingtao, the leading brewer in China, and Compañía Cervecerías Unidas Argentina.
www.anheuser-busch.com /press_room/2005/Tsingtao_041105.html   (537 words)

  
 Tsingtao Beer Brewery
Tsingtao Beer Brewery was founded by German expatriates in 1903 and today, the beer is one of the province’s most famous exports.
It is said that the secret behind this refreshing beer is the mineral water taken from nearby Mount Lao.
Free samples are given - definite incentive to visit the brewery.
www.chinaetravel.com /attraction/att24j.html   (52 words)

  
 Bloomberg.com: Asia
Tsingtao Brewery, 27 percent owned by Anheuser-Busch Cos., is joining a government program to convert more than $250 billion of non-tradable stock into shares that can be bought and sold on exchanges.
Tsingtao Brewery's yuan shares have jumped 50 percent this year, matching the increase in the benchmark Shanghai Composite Index.
A three-for-10 stock offer by Tsingtao Brewery would dilute the Qingdao state-owned assets commission's stake to 28.3 percent, still bigger than the 27 percent interest held by St Louis-based Anheuser-Busch, the world's largest brewer, according to an estimate by Adam Zhou, a beverage analyst at KGI Asia in Shanghai.
www.bloomberg.com /apps/news?pid=20601080&sid=amaWcsUM7g.w&refer=asia   (557 words)

  
 Xinhua Far East Upgrades Tsingtao Brewery Co. Ltd to BBB+ Issuer Rating
Xinhua Far East notes that since 2002 Tsingtao Brewery started to slow down the pace of acquisition and its investment in new capacity as it shifted its focus from capacity expansion to synergy improvement.
Tsingtao Brewery approved AB to execute conversion options on accumulatively HKD1.42 billion in convertible bonds in July 2003 and April 2005 successively; this accounted for about 50% gross debt at the end of 2002.
On the other hand, Xinhua Far East notes that there are factors that cloud Tsingtao Brewery's future and prevent it from obtaining a high rating: Although Tsingtao Brewery's EBIT margin rose to 7.2% in the third quarter of 2005 from 4.6% in 2001, its profitability remained weak compared to its major competitors.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/02-24-2006/0004288584&EDATE=   (1369 words)

  
 09/29/97 AT TSINGTAO, IT'S ENOUGH TO MAKE THEM DRINK
A visit to the floor of Tsingtao Brewery Co. doesn't inspire much confidence in the quality of China's best-known beer.
When the brewery became the first Chinese state-owned company to list shares abroad in 1993, it appeared ready to take advantage of consolidation in the fragmented domestic market.
Tsingtao's travails illustrate the difficulty of turning a vehicle for state employment into a market-driven enterprise.
www.businessweek.com /@@DmN*B2cQunMJagYA/1997/39/b3546007.htm   (470 words)

  
 Brewery plans 21% stake sale
China's Guangdong Brewery said yesterday it was in talks to sell a 21 per cent stake to one of the five largest international brewing groups, accelerating consolidation in the world's biggest beer market.
Guangdong Brewery said in a statement that it and its parent firm GDH had agreed with a company from "one of the world's top five international brewery groups by sales" to talk about various strategic investments.
Anheuser-Busch this year doubled its stake in China's largest beermaker, Tsingtao Brewery, to 9.9 per cent and plans to increase that to 27 per cent in seven years as part of an expected further consolidation of the industry.
www.chinadaily.com.cn /en/doc/2003-11/28/content_285730.htm   (458 words)

  
 Michael Jackson's Beer Hunter - Inscrutable brew
Tsingtao, today usually transliterated as Qingdao, is in the province of Shandong (Shantung), once known for its trade in silk.
The brewery was nationalised in 1945, and is now a state-private enterprise, with shares on the Hongkong stock exchange and a very small percentage in the hands of Anheuser-Busch.
Given that the company has four or five breweries in the area, and almost 20 nationally, several with their own maltings, I could not expect to see them all.
www.beerhunter.com /documents/19133-001372.html   (1104 words)

  
 Datamonitor ComputerWire - Tsingtao Brewery Company Ltd - Company News & Research
Tsingtao Brewery Company is the largest brewer in China, involved in the manufacture and distribution of beer and related businesses.
Tsingtao, which is 45% owned by the Chinese government, is also the largest beer exporter in China.
Its flagship brand, Tsingtao Beer, is the best selling Chinese beer in the US.
www.computerwire.com /companies/company/?pid=74A698B5-8920-4331-9C3F-D74950900CD2   (96 words)

  
 Tsingtao Brewery and Monarch Import Company (Barton Beers) Extend Tsingtao Beer's Import Agreement in the U.S.
Tsingtao Brewery and Monarch Import Company (Barton Beers) Extend Tsingtao Beer's Import Agreement in the U.S. CHICAGO, Nov. 14 /PRNewswire/ -- Barton Beers' Monarch Import Company in Chicago and Tsingtao Brewery in China are celebrating the extension of the Tsingtao Beer U.S. import agreement.
Monarch, a subsidiary of Barton Beers, Ltd., has imported Tsingtao since 1978 and has enhanced the brand's position as the best-selling imported beer from China and one of the top imported beers in the U.S. market.
The Tsingtao Brewery is the largest brewery in China.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/11-14-2005/0004215342&EDATE=   (212 words)

  
 Press - Tsingtao Brewery's alliance with Anheuser-Busch named one of Asia's top deals for 2003
Johnson Stokes and Master is delighted to announce that Tsingtao Brewery's alliance with Anheuser-Busch has been named one of the "Top CFO Deals of the Year 2003" by the CFO Asia magazine, a publication of the renowned "The Economist" and one of "Top Asian Deals of the Year 2003" by Asian Counsel magazine.
In this transaction, Tsingtao Brewery will, by the end of April 2004, issue to Anheuser-Busch, the world’s largest brewer, in aggregate, three tranches of mandatorily convertible bonds worth US$180M.
As part of the deal, special voting arrangements were agreed between Anheuser-Busch and the controlling shareholder of Tsingtao Brewery to ensure that the state will remain as the controlling shareholder of Tsingtao Brewery.
www.jsm.com.hk /jsm/Portal?xml=press_detail&content_id=1907   (613 words)

  
 Tsingtao: buoyed by beer buying - Drinks Business Review
It's a good time to be a Chinese brewer: Tsingtao, the country's largest, has experienced 20% growth in earnings in the first half of the year.
As Tsingtao, China's leading brewer, is 27% owned by US-based Anheuser-Busch, the company's recent success further underlines the growth potential such emerging markets offer to global players, particularly those suffering from a slowdown in their home markets.
Tsingtao is likely to continue to prosper as long as the relentless rise in Chinese consumer spending is there to underpin its fortunes.
www.drinks-business-review.com /article_feature.asp?guid=8899B9B2-8DD8-4496-A40D-3FF45BD232A9   (498 words)

  
 Press - JSM helps Tsingtao Brewery to conclude a landmark convertible bond issue
On 1st April, 2003, Tsingtao Brewery issued to the world’s largest brewer the first two tranches of mandatorily convertible bonds worth US$116M, which will increase the holding of Anheuser-Busch in Tsingtao Brewery from 4.5 per cent at present to 20 per cent over seven years.
As Tsingtao Brewery is listed both in Hong Kong and Shanghai, the deal has takeover rules implications both under the Hong Kong Takeovers Code and the recently promulgated PRC Takeovers Rules.
As part of the deal, special voting arrangements are agreed between Anheuser-Busch and the controlling shareholder of Tsingtao Brewery to secure that the state will remain as the controlling shareholder of Tsingtao Brewery.
www.jsm.com.hk /live/Portal?xml=press_detail&content_id=1677   (586 words)

  
 | TSINGTAO BREWERY GROUP |
is brewed with the combination of Tsingtao's more than 90 years of classic brewing craft and current intermational advanced technology.The taste is more refreshing and the flavor of hops is stressed.Accompanied with the novel elegant and poised packaging,it will bring you the extraordinary enjoyment.
Low heat quantity and low spirit content are the main characteristics of TSINGTAO Soft Beer.
It has extremely low calorific value so that people can enjoy a large quantity of the beer and can still keep fit.
www.tsingtao.com.cn /2002/en/products.asp   (184 words)

  
 Tsingtao Brewery 600600.SH - China Economic Review - December 2006   (Site not responding. Last check: 2007-10-19)
Arguably China's most well known brand, Tsingtao Brewery faces a rough couple of years as competition intensifies in the rapidly consolidating domestic beer industry, which has now outgrown the US to become the world's largest by volume.
As one of the country's two largest brewers by volume, the company has braced itself for the challenges ahead by switching its focus from product operation to brand operation.
On the plus side, Tsingtao Brewery has slowed down its pace of acquisition and capacity investment and cleaned up its cash and debt repayment position, reducing its gross debt-total capital ratio from 43.2% to 18.8%.
www.chinaeconomicreview.com /subscriber/articledetail/1501.html   (640 words)

  
 Tsingtao Brewery Says 1Q Profit Up
HONG KONG — HONG KONG- Tsingtao Brewery Co., China's largest beer maker by revenue, said its first-quarter net profit rose 8.7 percent from the same period last year on higher beer sales.
Tsingtao said its first-quarter revenue was 2.39 billion yuan ($298 million), up from 2.03 billion yuan a year earlier.
The company said its sales of beer in the first quarter rose 15 percent to 8.69 million hectoliters from the year before.
www.courierpress.com /news/2006/apr/28/tsingtao-brewery-says-1q-profit-up/?printer=1   (146 words)

  
 China's Tsingtao one of 2008 Olympics beer sponsors - St. Louis Business Journal:   (Site not responding. Last check: 2007-10-19)
Tsingtao Brewery will provide funds, beer products and related services to the games and related activities, including the Chinese sports delegations to the 2006 Olympic Winter Games in Italy.
Jin Zhigou, president of Tsingtao, said in a statement that sponsoring the games was an integral move for the company to reach its globalization dreams.
Tsingtao beer is the No. 1 beer brand in China and the most well-known Chinese beer in the international market.
stlouis.bizjournals.com /stlouis/stories/2005/08/15/daily43.html?jst=b_ln_hl   (565 words)

  
 People's Daily Online -- Tsingtao Beer safe to drink: company
Chinese brewery giant Tsingtao has confirmed the safety of its product, saying the per-liter formaldehyde content of its product is much lower than the standard set by the World Heath Organization (WHO).
The Tsingtao Brewery Co., Ltd. made the remarks in a statement it issued Friday in response to earlier domestic media reports putting Tsingtao beer's formaldehyde content under suspicion.
The local quality watchdog in Qingdao, where Tsingtao Brewery is headquartered, supported the company, stressing the beer's per-liter formaldehyde content ranges from 0.1 to 0.3 milligrams, far lower than the national and WHO safety standards.
english.people.com.cn /200507/17/eng20050717_196588.html   (299 words)

  
 Tsingtao Brewery sets ambitious targets on strong 2005 - Drinks Business Review
China's biggest beer maker, Tsingtao Brewery, has set ambitious targets for growth in 2006, after forecasting a 10% increase in sales volume and sales revenue for 2005.
Company vice chairman Jin Zhiguo expressed confidence that Tsingtao, which boasts a 13% share of China's beer market, would maintain the same pace of growth in 2006.
Jin also predicted that prices of barley, beer's main ingredient, would remain stable and said, barring a global disaster, global supplies of barley should be able to meet global demand.
www.drinks-business-review.com /article_news.asp?guid=61276AF2-3A06-4F2D-83A9-254BE796F1B5   (247 words)

  
 Anheuser-Busch boosts stake in Chinese brewer Tsingtao - Oct. 21, 2002   (Site not responding. Last check: 2007-10-19)
The capital will be used to improve Tsingtao's brewing assets, construct new brewing facilities and make future acquisitions.
The Chinese government will remain the largest shareholder in Tsingtao, with a 30.56 percent share after all bonds are converted.
Anheuser-Busch (BUD: up $0.50 to $54.55, Research, Estimates) will be the largest nongovernment shareholder and will receive proportional representation on Tsingtao's board of directors, board committees and supervisory board.
money.cnn.com /2002/10/21/news/deals/tsingtao_anheuser.reut/index.htm   (295 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.