Tsingtao

One of the largest breweries in China, Tsingtao Brewery Co. Ltd., produces half of China's domestic beer exports and holds a 15% domestic market share. German immigrants established it in 1903 in Tsingtau (Qingdao), Kiautschou Bay Leased Territory. After consistently increasing its market share by at least 0.1 percentage points every year since 2009, Tsingtao was the second most popular beer in the world in 2016 and held a 2.8% share of the global beer market. On the southern side of Qingdao, near the end of Zhanqiao Pier, is Huilan Pavilion, which is shown in the company's emblem.

Tsingtao's market cap was $19.08 billion as of March 2023. Tsingtao is now the 860th most valuable firm in the world, according to market cap. The most recent financial reports from Tsingtao show that the company's current revenue (TTM) is $4.86 billion. The company generated $4.65 billion in revenue in 2021, an increase from $4 billion in 2020.

Founded: 1903
Headquarters: Qingdao, Shandong, Jiujiang, Jiangxi, Hefei, Anhui, Shanghai , China
Website: www.tsingtaobeer.com