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10 May 2001

Zhuhai Kirin President Brewery Co. Successful joint venture in the Chinese beer market

For distribution in the Shanghai, Guangzhou and other regions of southern China, Zhuhai Kirin President Brewery was formed, in which Kirin Brewery Co. Ltd. has a 60% share and President Enterprise Co., the leading food company in Taiwan, holds a 40% share. The new enterprise has a turnover of 32 million US Dollars, produces about 700,000 hl beer, and employs around 700 workers.

The Japanese Kirin Brewery Co. Ltd., Tokyo, took over a 45% share in Nathan Lion Ltd. over a year ago in order to have a future in the international beer market as an active, global competitor. Lion Nathan Ltd. leads the market in New Zealand with a market share of 54% and also holds a 41% share of the Australian market. for distribution in the Shanghai, Guangzhou and other regions of southern China.K...

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