Tsingtao Brewery Company Limited

The predecessor of Tsingtao Brewery Co., Ltd. (hereinafter referred to as “Tsingtao Brewery”) was the Germanic Brewery Qingdao Joint Stock Company founded in Qingdao in August 1903 by a German merchant and an English businessman. It is a long-standing beer manufacturer in China. Currently, the brand value is 198,566 billion yuan, ranking first in the Chinese beer industry for 18 consecutive years and ranked among the top 500 brands in the world. On July 15, 1993, Tsingtao Brewery Stock (HK0168) was listed on the Hong Kong Stock Exchange. It was the first company in mainland China to be listed overseas. On August 27 of the same year, Tsingtao Brewery (600600) was listed on the Shanghai Stock Exchange, becoming the first company in China to be listed simultaneously in both places. By the end of 2021, Tsingtao Brewery had more than 60 beer manufacturers in 20 provinces, municipalities directly under the Central Government and autonomous regions across the country, and the company's size and market share ranked in the leading position in the domestic beer industry. In 2021, Tsingtao Brewery reached a new historical peak on the basis of a series of historical records in business performance. The company achieved total product sales volume of 7.93 million kiloliters; achieved operating income of RMB 30.17 billion, an increase of 8.7% over the previous year; and realized net profit attributable to shareholders of listed companies of RMB 3.16 billion, an increase of 43.3% over the previous year. Revenue and net profit both hit record highs once again. Currently, Tsingtao Brewery is exported to more than 100 countries around the world, including the United States, Canada, the United Kingdom, France, Germany, Italy, Australia, South Korea, Japan, Denmark, and Russia, making it the fifth largest beer manufacturer in the world. Tsingtao Brewery has included almost every gold medal in beer quality evaluations held since the founding of New China in 1949, and has won many gold medals in international competition held around the world. It was nominated for the China Quality Award twice in 2018 and 2021. In 2018, it won honors such as “European Beer Star” and “World Beer Championship” gold medal; in 2019, it won the “World Beer Championship” gold medal; selected as “100 Model Brands for the China Brand Power Festival”. In 2020, it was awarded the “Most Competitive Enterprise”. In 2021, it won the “European Beer Star” gold medal, ranked “Most Admired Chinese Company” 16 times, and “China's Most Admired Enterprise” 18 times. On the occasion of celebrating the 100th anniversary of the founding of the Communist Party of China, the Tsingtao Brewery Company Party Committee was awarded the “National Advanced Grassroots Party Organization”. After becoming the official sponsor of the 2008 Beijing Olympics, Tsingtao Brewery once again joined hands with the Olympics to become the official sponsor of the 2022 Winter Olympics in Beijing. In March 2021, Tsingtao Brewery was awarded the world's first “lighthouse factory” for the industrial Internet of the beer and beverage industry. Tsingtao Brewery has the mission of “creating happiness for life”, adhering to the century-old motto of “good people make good wine”, maintaining integrity and innovation, and striving to “become a world-class enterprise with a globally influential brand.”