Carlsberg becomes the largest shareholder of Chongqing Beer
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Chongqing Beer (Group) Co., Ltd. holds 20% of the shares and is the second largest shareholder.
Carlsberg originally announced this plan to increase holdings on June 10, 2010.
Carlsberg is the world's fifth largest brewing group, founded in 1847 and headquartered in Copenhagen, Denmark. Carlsberg is also the company’s main beer brand.
Carlsberg Beer entered China for the second time in 1978. At present, Carlsberg has wholly-owned and joint ventures in the Greater China region. After more than two years of intense investment, the total market share of Carlsberg and its partners in western China has become Absolutely leading position.
The wholly-owned enterprises mainly include Carlsberg Beer (Guangdong) Co., Ltd.; Yunnan's first beer company, Kunming Huashi Beer Co., Ltd. and its subsidiaries, Huashi Beer has the ability to produce world-class beer; the largest in Yunnan Province Beer brewing group Dali Beer, Dali Beer has two major brands, namely Dali Beer and Fengyue Xueyue.
The joint ventures mainly include Lhasa Brewery, Lanzhou Yellow River Enterprise Co., Ltd., Xinjiang Wusu Brewery, and Ningxia Brewery. This time through the increase of holdings of Chongqing Beer has also become its largest shareholder.
Chongqing Beer is one of the only four listed companies in the beer industry in China and is principally engaged in the production and sale of beer. The main products Shancheng Beer and Chongqing Beer have a high reputation in China. It also cooperates with Chongqing University, the Third Military Medical University and other scientific research institutions to jointly develop and develop a new class of drugs with the independent intellectual property rights, the Hepatitis B therapeutic polypeptide vaccine, which is expected to become a new important economic growth point.