China Resources Beverage (Holdings) Company Limited
HHKEX:24607.05
HKD
-0.10
(-1.47%)
ISIN
KYG2135N1060
CUSIP
G2135N106
Return %
Stock
S&P 500
1Y
-35.68
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
CNY
•
in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
CNY
•
in mil. unless spec.Semi-annual Revenue
CNY
•
in mil. unless spec.Semi-annual Earnings Per Share
CNY
•
in mil. unless spec.Semi-annual Dividends Per Share
CNY
•
in mil. unless spec.Company Description
- CEO
- Shuqing
- Full Time Employees
- 11,374
- Sector
- Consumer non-durables
- Industry
- Beverages: non-alcoholic
- Address
- Shenzhen High-tech Industrial Park (North District) Shenzhen GD China 518057
- IPO Date
- Oct 23, 2024
- Website
- crbeverage.com
- Similar Companies
- Business
- China Resources Beverage (Holdings) Company Limited is a leading ready-to-drink soft beverage company in China, principally engaged in the manufacturing and sales of packaged drinking water and other beverage products. The company produces packaged drinking water including bottled and barreled water under brands such as C'estbon, L'eau, Bonjour Forêt (Bonjour), Jialinshan, and FEEL; tea beverages encompassing herbal tea under Zhi Ben Qing Run (至本清润), sugar-free tea under Zuo Wei Cha Shi (佐味茶事), and milk tea under Gogo-no-Kocha and Yuan Shi Zhi Ming (愿事之茗); juice beverages under Holiday Series (假日系列); fruit honey beverages under Mi Shui Series (蜜水柠檬); sports drinks under Magic (魔力); and ready-to-drink coffee under Yan Bei (焰焙). Founded in the early 1990s as one of China's pioneering packaged drinking water producers, the company is headquartered at Shenzhen High-tech Industrial Park (North District), 22 Langshan Road, Nanshan District, Shenzhen, Guangdong Province, and operates primarily in the domestic Chinese market with nationwide distribution networks targeting retail, hospitality, office, and sports consumption scenarios. As a subsidiary of China Resources Group, a Fortune Global 500 conglomerate under the supervision of the State-owned Assets Supervision and Administration Commission, it ranks as the second-largest packaged water company and the largest pure drinking water enterprise in China, holding vice chairmanship in the China Beverage Industry Association and membership in over 30 industry bodies. In a major development, the company completed its initial public offering on the Hong Kong Stock Exchange under ticker 2460.HK in October 2024, issuing 347.8 million shares at HK$14.50 each to raise approximately HK$4.9 billion in net proceeds, which it allocates to optimizing production capacity including large-format water bottle lines, expanding distribution channels, enhancing brand building, investing in research and development, upgrading digital capabilities, and pursuing potential investments and acquisitions. Throughout 2025, it accelerated product innovation with over a dozen new SKUs across categories like sports drinks, herbal tea, ready-to-drink coffee, and sugar-free tea, including core launches such as Yan Bei coffee and Zuo Wei Tea expansions, while declaring an interim dividend of RMB0.118 per share for the six months ended June 30, 2025, and releasing its 2024 sustainability report earning a five-star rating.