Kingway Brewery Holdings Limited () is a leading
beer
Beer is one of the oldest and the most widely consumed type of alcoholic drink in the world, and the third most popular drink overall after water and tea. It is produced by the brewing and fermentation of starches, mainly derived from ce ...
maker in
China. It is a
subsidiary of government-owned
Guangdong Holdings Group
Guangdong Holdings Limited is a Chinese holding company. Guangdong Holdings is the parent company of Hong Kong incorporated GDH Limited (), in turn it was the parent company of listed companies Guangdong Investment (), Guangnan Holdings (), Gua ...
, the biggest Hong Kong-based enterprise owned by the
Guangdong
Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) ...
provincial government. The
Dutch
Dutch commonly refers to:
* Something of, from, or related to the Netherlands
* Dutch people ()
* Dutch language ()
Dutch may also refer to:
Places
* Dutch, West Virginia, a community in the United States
* Pennsylvania Dutch Country
People E ...
brewing company
A brewery or brewing company is a business that makes and sells beer. The place at which beer is commercially made is either called a brewery or a beerhouse, where distinct sets of brewing equipment are called plant. The commercial brewing of beer ...
Heineken International
Heineken N.V. () is a Dutch multinational brewing company, founded in 1864 by Gerard Adriaan Heineken in Amsterdam. , Heineken owns over 165 breweries in more than 70 countries. It produces 348 international, regional, local and speciality be ...
owns a 21%
share in the company. It produces, distributes and markets beer in more than 20
provinces
A province is almost always an administrative division within a country or state. The term derives from the ancient Roman '' provincia'', which was the major territorial and administrative unit of the Roman Empire's territorial possessions ou ...
under such labels as "Kingway", "Kingway Draft", and "Super Fresh Kingway".
In February 2013, Kingway Brewery announced that the company had agreed to be taken over by
China Resources Enterprise, Ltd
China Resources Holdings Company Limited (), or simply China Resources, is a Chinese state-owned conglomerate that owns a variety of businesses in Hong Kong and Mainland China. Some of its subsidiaries use the name in the form of the acronym CRC. ...
in a deal worth $863.2 million.
See also
*
Beer and breweries in China
Beer in China has become increasingly popular in the last century due to the popularity of local and imported brands. Chinese beer has also seen a rise in popularity internationally in the last few decades. While most Chinese beers are pale lage ...
References
External links
Kingway Brewery Holdings Limited
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Companies listed on the Hong Kong Stock Exchange
Chinese companies established in 1990
Drink companies of China
Breweries in China
Manufacturing companies based in Shenzhen
Government-owned companies of China
Chinese beer brands
Food and drink companies established in 1990