Recent events
Recent events tied to this brand in public sources.
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2021
China Resources Beer announces investment in Jingzhi Baijiu
China Resources Beer announced that its subsidiary China Resources Liquor Holdings had signed an agreement with Shandong Jingzhi Baijiu and Shandong Jingzhi Liquor to invest in Jingzhi Baijiu. The investment amount was to be determined with reference to Jingzhi Baijiu's valuation.
2021
China Resources Beer agrees to invest in Jingzhi Baijiu
China Resources Beer subsidiary China Resources Wine Holdings signed an investment agreement with Shandong Jingzhi Baijiu and Shandong Jingzhi Liquor. The investment amount was to be determined with reference to the valuation of Jingzhi Baijiu; Jingzhi Baijiu was to become Jingzhi's sole baijiu operating entity.
2020
Amstel entered the Chinese market
Amstel launched in China and became available in selected provinces in southern and eastern China from November 2020.
2020
China Resources Beer announces factory-closure plan
China Resources Beer said it plans to close an average of three factories per year in the future and would detail its plan for the current year in a late-August earnings announcement.
2020
China Resources Beer reports 2019 results
China Resources Beer released its 2019 annual results, reporting revenue of RMB 33.19 billion, up 4.2% year on year, and profit attributable to shareholders of RMB 1.312 billion, up 34.3%.
2019
China Resources Beer and Heineken complete China transaction
China Resources Beer and Heineken completed their transaction in China. The article says China Resources Beer’s CBL paid approximately HK$24.35 billion in total cash consideration for newly issued shares equivalent to 40% of CBL’s issued share capital.