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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Beverages - Brewers > Tsingtao Brewery Company Limited

Tsingtao Brewery Company Limited
OTC: TSGTY
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 PROFILE
In the land of a billion people, it takes a lot of beer to be #1. Tsingtao Brewery is in a rickshaw race with Beijing Yanjing Brewery to be China's biggest brewer, but Tsingtao is by far China's #1 exporter, accounting for a dominant 90% of the nation's beer exports. Its brews, including Dragon, Phoenix, and Premium, are exported to some 30 countries in Asia, Europe, and North America. The brewer distributes its beer in China to retailers and city-owned tobacconists and wine merchants. Founded by German settlers in 1903, Tsingtao owns some 20 breweries and is buying more. It owns 51% of Shenzhen Tsingtao Beer Asahi, a joint venture with Japan's Asahi Breweries. The Chinese government owns about 45% of Tsingtao.

 COMPETITION
Anheuser-Busch Companies, Inc. (BUD)
CBR Brewing Company, Inc. (CBRB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 272.20
Employees: 5,200
Revenue per employee: $52,346.15

 KEY PEOPLE
• Li Gui Rong
    CEO
• Zhang Xue Ju
    CFO

 CONTACT INFO
56 HongKong Rd. Central
Qingdao Shandong 266071, China
Phone: 86-532-571-1119
Fax: 86-532-571-4719
Online: Web Site

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