tsingtao invested 1 billion RMB

On March 10th, The Tsingtao Brewery Co., Ltd., [600600] one of China’s largest breweries, held the “launching ceremony of the first batch of key projects in 2020” in Pingdu, Qingdao Shandong province. Tsingtao invested 1 billion RMB (US$ 144 million) in projects, covering industrial clusters, intelligent manufacturing, intelligent logistics, and high-end consumption, and other fields.

The intelligent industrial park includes No.3 Tsingtao Brewery, Qingdao logistics park project, personal customized production platform, malt plant expansion project, health drink center construction, etc., including packaging printing . . .

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