China Resources Beverage Explained

China Resources Beverage (Holdings) Ltd.
Native Name:華潤飲料(控股)有限公司
Former Name:Shekou Longhuan
Type:Public
Foundation:1984
Location:Shenzhen, Guangdong, China
Industry:Beverages
Parent:China Resources Holdings

China Resources Beverage (Holdings) Ltd. or CR Beverage is the division of China Resources that sells soft drinks. Its head office is in the north area of the Hi-tech Park (新科技园 Xīn Kējì Yuán) in Nanshan District, Shenzhen.[1] [2] The company maintains regional offices in Beijing, Chengdu, Shanghai, Shenyang, and Shenzhen.[2]

The brands owned by the company include C'estbon (S: 怡宝, T: 怡寳, P: Yíbǎo) water, Afternoon (S: 午后, T: 午後, P: Wǔhòu) tea, Fire (FIRE) coffee, Jialinshan (C: 加林山, P: Jiālínshān), Magic, and Zero Pascal.[1] It is also known as China Resources C'estbon Food & Beverage.

On April 18, 2013, China Resources C'estbon sued Nongfu Spring, a rival company, accusing Nongfu of spreading false accusations against C'estbon.[3]

The company went public through an initial public offering in October 2024 and is listed on the Hong Kong Stock Exchange.[4]

External links

Notes and References

  1. "Consumer Goods ." China Resources. Retrieved on April 10, 2014. "Address:22 Langshan Road, North Area of High-tech Industry Park, Nanshan District, Shenzhen "
  2. "Contact 联系我们 ." China Resources Beverage. Retrieved on April 10, 2014. "总 部 地址: 广东省深圳市南山区科技园(北区)朗山路22号"
  3. Liu Jingyue (translator). "Nongfu Spring Hit with Two Lawsuits." The Economic Observer. April 18, 2013. Retrieved on April 10, 2014.
  4. News: Murdoch . Scott . Kwok . Donny . October 23, 2024 . China Resources Beverage shares end 15% higher on Hong Kong IPO debut . Reuters.