China Economic Review
Charting China’s changing economic terrain · Since 1990

Beijing Enterprises takes over breweries

September 26, 2004

Beijing Enterprises Holdings said subsidiary Beijing Yanjing Brewery said it would pay Jiangxi Gannan RMB 19.84 million for a 22.55% controlling stake in Ganzhou-based Yanjing Brewery, and the Baotou state-owned Asset Supervision Management Commission RMB 40.33 million for a 27.56% controlling stake in Baotou Yanjing Brewery.