Tsingtao Brewery Company Limited

Tsingtao Brewery Company Limited is principally engaged in the brewing and sale of beer, as well as the related businesses. The Company primarily distributes its beer under the brands of Tsingtao, Hans, Laoshan and Shanshui. During the year ended December 31, 2007, the Company sold approximately 5.05 million kiloliters of beer. The Company distributes its products within the domestic market, including Qingdao area, other areas of Shandong Province, northern China area and southern China area, as well as to overseas markets, including Europe, the North Americas and Southeast Asia.