Recent events
Recent events tied to this brand in public sources.
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2021
Qingdao Beer Heze receives two management awards
Qingdao Beer’s Heze company received the 2020 Qingdao Beer Management Progress Award and the Manufacturing Center Cost Management Award.
2020
Tsingtao Beer acquires Nestlé's China water business
Tsingtao Beer announced its acquisition of Nestlé's China water business, involving the exclusive mainland China license for Nestlé Youhuo, ownership of the Dashan and Yunnan Shan Quan brands, and three water-business factories.
2020
Tsingtao to produce and sell Nestlé Youhuo in China under license
Under a licensing agreement, Tsingtao Brewery will produce and sell the Nestlé Youhuo brand in China.
2020
Nestlé agrees to sell its mainland China water business to Tsingtao Brewery Group
Nestlé announced that it had agreed to a strategic cooperation with Tsingtao Brewery Group under which the group would purchase Nestlé's mainland China water business. The article reports an agreement, not a completed sale.
2020
Tsingtao Brewery Group and Nestlé form a strategic drinking-water partnership
Tsingtao Brewery Group and Nestlé announced a strategic partnership in the drinking-water business in mainland China. Under the arrangement, Nestlé will grant Tsingtao exclusive mainland China use of the Nestlé Pure Life brand after the transaction.
2020
Meituan-Dianping and Tsingtao Brewery announce strategic partnership
Meituan-Dianping and Tsingtao Brewery announced a strategic partnership focused on brand marketing, transaction channels and data enablement, including expanding online and offline consumer scenarios and supporting Tsingtao Brewery's digital marketing and O2O capabilities.
2020
Tsingtao Brewery and Haier COSMOPlat form strategic partnership
Haier COSMOPlat IoT Ecosystem Technology Co., Ltd. and Tsingtao Brewery Co., Ltd. formed a strategic partnership to expand cooperation and build an industrial internet platform and demonstration base for the beer and beverage industry.
2020
Tsingtao Brewery reports annual results and pandemic-related business impact
Tsingtao Brewery disclosed its 2019 annual report on March 29, reporting that its January–February 2020 revenue was down about 20% year over year and profit was down about 40%, unaudited, amid the pandemic’s impact.