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Company type | State-owned enterprise (Red chip) |
---|---|
Industry | Beer |
Founded | 1990 |
Headquarters | , |
Area served | China |
Key people | Chairman: Mr. Li Wenyue CEO: Mr. Ye Xuquan |
Products | Beer |
Website | Kingway Brewery Holdings Limited |
Kingway Brewery Holdings Limited (SEHK: 124) is a leading beer maker in China. It is a subsidiary of government-owned Guangdong Holdings Group, the biggest Hong Kong–based enterprise owned by the Guangdong provincial government. The Dutch brewing company Heineken International owns a 21% share in the company.[1] It produces, distributes, and markets beer in more than 20 provinces under such labels as "Kingway", "Kingway Draft", and "Super Fresh Kingway".[2]
In February 2013, Kingway Brewery announced that the company had agreed to be taken over by China Resources Enterprise, Ltd in a deal worth $863.2 million.[3]
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