laitimes

Shenzhen Bao'an District Snowflake Beer Area Planning was approved, with a planned investment of 10 billion yuan

author:Beijing News

Beijing News (reporter Zheng Mingzhu) a few days ago, the reporter learned on the official website of the Bao'an District Urban Renewal and Land Consolidation Bureau that the "Urban Renewal Unit Planning of the Snowflake Beer Area of Xin'an Street in Bao'an District" has been approved by the Architectural and Environmental Art Committee of the Shenzhen Urban Planning Commission, and China Resources Snowflake also confirmed the news to the Beijing News reporter.

Shenzhen Bao'an District Snowflake Beer Area Planning was approved, with a planned investment of 10 billion yuan

The reporter noted that the official surging number of the Baoan Propaganda Department "Baoan Release" released news in December 2019 that on December 18, 2019, at the 2019 Shenzhen Global Investment Conference, Baoan signed a cooperation framework agreement with China Resources Snowflake Beer, and China Resources Snowflake Beer intends to invest about 10 billion yuan in Bao'an to build the China Resources Snow Beer Headquarters Base Project. It is understood that China Resources Snow Beer intends to relocate its headquarters from Beijing to Shenzhen, and build the headquarters of listed companies, the headquarters of Snowflake Beer, and the joint operation center of Heineken and Snowflake in China.

According to the data, the plot was originally the second factory of Jinwei Beer in Shenzhen. In February 2013, SABMiller, the world's second-largest beer producer, announced in China that China Resources Snowflake's parent company, China Resources Venture Capital and Jinwei Beer, announced that China Resources Snowflake had acquired Jinwei's beer business for about 5.384 billion yuan. Jinwei's breweries in Chengdu, Dongguan, Foshan, Shantou, Tianjin and Xi'an and the second factory in Shenzhen were all handed over to China Resources, and the factory buildings in Buxin Village were still owned by Jinwei Original Company (Guangdong Land).

According to the "Bao'an Release" news, Shenzhen Bao'an District and China Resources Snow Beer will carry out a comprehensive strategic cooperation. CR Snowflake Beer will actively play its advantages in the beer industry and related industrial chain upstream and downstream areas, integrate superior business and superior resources, build the CR Snowflake Beer Headquarters Base Project in Bao'an, and promote the construction of China Resources Snowflake Beer Headquarters Building, R&D Center, Craft Brewing Factory, Beer Culture Town and other projects, help Bao'an industry transformation and upgrading, and actively participate in the construction of "Bay Area Core, Intelligent Innovation Highland, Shared Home".

In terms of performance, on March 22, China Resources Beer released its 2020 annual results on the Hong Kong Stock Exchange, saying that in 2020, the company achieved a comprehensive turnover of 31.448 billion yuan (RMB, the same below), a year-on-year decrease of 5.2%, and the comprehensive profit attributable to shareholders (net profit) increased by 59.6% year-on-year to RMB2.094 billion.

As of the close of trading on March 29, China Resources Beer's share price closed at HK$60.9 per share, up 0.16%, with a total market capitalization of HK$197.57 billion.

Beijing News reporter Zheng Mingzhu picture Bao'an District Urban Renewal and Land Consolidation Bureau official website screenshot

Edited by Xu Jingjing Proofreader Fu Chunyi