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tsingtao brewery co ltd-a (600600) Details

Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company. The company sells its beer products primarily under the Tsingtao Beer and Laoshan Beer brands. It also provides wealth management, and agency collection and payment services; and construction and logistics services. The company was founded in 1903 and is headquartered in Qingdao, the People's Republic of China.

40,810 Employees
Last Reported Date: 03/27/18
Founded in 1903

tsingtao brewery co ltd-a (600600) Top Compensated Officers

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Executives, Board Directors

tsingtao brewery co ltd-a
Tsingtao Brewery Company Limited Announces Board Changes

Tsingtao Brewery Company Limited at its board meeting on June 28, 2018, approved election of Hung Kexing Chair of the 9th directorate, appointed Fan Wei President, Manufacturing President and Chief Winemaker and the appointed Zhang Ruixiang Secretary to Directorate (Secretary to Hong Kong Company), appointed Sun Xiaohang Representative of Securities Affairs and appointed Executive Director Yu Zhuming and Secretary to Directorate (Secretary to Hong Kong Company) Zhang Ruixiang Authorization Representative of Stock Exchange of Hong Kong Limited.

Tsingtao Brewery Company Limited, Board Meeting, Jun 28, 2018

Tsingtao Brewery Company Limited, Board Meeting, Jun 28, 2018. Agenda: To consider management changes.

Tsingtao Brewery Company Limited Announces Board Changes; Approves Final Dividend for the Year 2017, Payable on August 3, 2018

Tsingtao Brewery Company Limited at its annual general meeting held on June 28, 2018 approved election of Mr. WANG Rui Yong as Executive Director. The company also approved election of Mr. TANG Bin as Non-executive Director. The company also elected Mr. JIANG Xing Lu as Independent Non-executive Director. The company also elected YAO Yu as Supervisor Shareholders' Representative for the ninth session of the Board. On the same day, Mr. TANG Bin was appointed as a member of the Strategy & Investment Committee of the Board, the Audit & Internal Control Committee of the Board and the Nomination & Remuneration Committee of the Board; Mr. JIANG Xing Lu was appointed as the Chairman of the Nomination & Remuneration Committee and a member of the Audit Committee. At the same time, Mr. WANG Xue Zheng ceased to be the Chairman of the Nomination & Remuneration Committee, a member of the Audit Committee and the Nomination & Remuneration Committee and Mr. BEN Sheng Lin ceased to be a member of the Strategy & Investment Committee. Among the members of the Board, the executive Director Mr. SUN Ming Bo has reached his statutory retirement age and the independent non-executive Director Mr. WANG Xue Zheng has been re-elected for a period of six years, they have resigned from their positions after the conclusion of the AGM. The company at its annual general meeting held on June 28, 2018 also approved distribution of RMB 0.42 per share (with tax) as final dividend for the year 2017, amounting to approximately RMB 567,412,774 (with tax) in aggregate. In accordance with the requirements in the Company's Articles of Association, the Company has appointed Bank of China (Hong Kong) Trustees Limited as its receiving agent for holders of H-share. The cheques for the dividend of H-share would be issued and signed by the receiving agent, and delivered to all holders of H-share by ordinary post on 3 August 2018.

 

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Valuation 600600 Industry Range
Price/Earnings 35.5x
Price/Sales 1.8x
Price/Book 2.7x
Price/Cash Flow 18.3x
TEV/Sales 0.4x
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