On April 18, the new production line of Tsingtao Brewery (Chenzhou) Co., Ltd. with an annual capacity of 60,000 KL cans was put into operation in Zixing County, Chenzhou City.

 

With an area covering 980 square meters and a total investment of 33 million yuan, the production line is unique in Hunan Province, mainly producing 500 ML and 330 ML medium and high-grade beer. It is expected to realize an annual production value of 390 million yuan, a profit of 160 million yuan and a tax payment of 120 million yuan.

 

Established in February 2000, Tsingtao Brewery (Chenzhou) Co., Ltd. today boasts total assets of 167 millio yuan. Till now, it has achieved an industrial added value of 2.69 billion yuan and a paid 398 billion yuan of tax. Coupled with the new production line, the annual productivity is anticipated to hit 200,000 kiloliters.

 

Translator: Zhang Minsi