China Resources Beer (Holdings) Co Ltd

Company Profile

• Business description

  China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China’s beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken’s sales and market share. CR Beer is now China’s largest brewer, with a volume share of about 24%, versus 18% of Tsingtao and 16% of Budweiser APAC, based on Euromonitor data.

• Contact

  No. 26 Harbour Road
  Room 2301 and 2310, 23rd Floor, China Resources Building
  Wanchai
  Hong Kong
  HKG

  T: +852 23609722

  E: info@cre.com.hk

  https://www.crbeer.com.hk

• Sector

  Consumer Defensive

  Stock type

  Defensive

• Industry

  Beverages - Brewers

  Fiscal Year End

  31 December 2024

  Employees

  27,000