


Core Insights - The beer industry is transitioning from industrialization to digitalization, with leading companies innovating in production to enhance product differentiation and premiumization [1] Financial Performance - Qingdao Beer reported a product sales volume of 4.732 million kiloliters in the first half of 2025, a year-on-year increase of 2.3% [3] - The company achieved operating revenue of RMB 20.49 billion, up 2.1% year-on-year [3] - Net profit attributable to shareholders reached RMB 3.9 billion, reflecting a 7.2% year-on-year growth [3] Product Innovation - The demand for fresh beer is rising in China, with consumers favoring fresher and richer-tasting products [4] - Qingdao Beer’s high-end fresh 1L aluminum bottle has shown steady growth and is leading the fresh beer trend in the industry [4] - The company has established a group standard for fresh beer, emphasizing the "three no principles" (unfiltered, undiluted, and unpasteurized), which sets a technical benchmark for the industry [6] Technological Advancements - Qingdao Beer has upgraded traditional brewing processes into a quantifiable and replicable smart manufacturing model, utilizing IoT technology for full-process data monitoring [6] - The company has implemented innovative packaging technology to preserve yeast activity and ensure product freshness [7] Channel Innovation - Qingdao Beer is expanding its "30-minute fresh delivery" service through partnerships with platforms like Meituan and Douyin, catering to consumer demand for immediate consumption [11] - The company is focusing on new consumer demographics and trends, driving product innovation and enhancing consumer experience through various marketing strategies [11][12] Brand Strategy - Qingdao Beer continues to implement its brand strategy, promoting both its main brand and the secondary brand, Laoshan Beer, while engaging in sports and music marketing to enhance brand visibility [11] - The company ranked among the world's top 500 brands with a brand value of RMB 280.355 billion [11]