Tsingtao Brewery
The Tsingtao Brewery museum in Qingdao | |
Native name | 青岛啤酒股份公司 |
|---|---|
| Company type | Public |
| SSE: 600600 SEHK: 168 | |
| Founded | 1903 |
| Headquarters | , |
Key people | Jiang Zong Xiang (Chairman & President) |
| Revenue | CN¥32.14 billion (2024) |
| CN¥5.84 billion (2024) | |
| Total assets | CN¥51.42 billion (2024) |
| Total equity | CN¥29.86 billion (2024) |
| Website | www |
| Footnotes / references | |
Tsingtao Brewery Co. Ltd. (simplified Chinese: 青岛啤酒厂; traditional Chinese: 青島啤酒廠; pinyin: Qīngdǎo Píjiǔchǎng) is China's second largest brewery, with about 15% of domestic market share and accounts for half of China's national beer exports. The brewery was founded in 1903 as an Anglo–German business with the brewery under the supervision of master brewers from Germany in Tsingtao (modern-day Qingdao), Kiautschou Bay Leased Territory, a 552 km2 (213 sq mi) area leased by the government of China to Imperial Germany. In 2020, Tsingtao topped the China's Most Valuable Beer Brands list by World Brand Lab with a brand value of 179.3 billion yuan.
In 2016, Tsingtao beer was the second most consumed beer globally and had reached 2.8% share of the global beer market, after its share of the world's beer market had been steadily growing by at least 0.1 percentage points every year since 2009. Tsingtao is currently the sixth largest brewery in the world. Its logo displays an image of Huilan Pavilion that stands on the end of Zhanqiao Pier, located on Qingdao's southern shore.