China Res Beer achieved a revenue of approximately RMB 23.744 billion in the first half of 2024, with shareholders' share of earnings of approximately RMB 4.705 billion, a year-on-year increase of 1.2%. The company's beer business sold about 6.348 million kiloliters, although a year-on-year decrease of 3.4%, but the sales of high-end products have strong growth, and the sales of mid-to-high-end beer account for more than 50% for the first time. The revenue of baijiu business is about RMB 1.178 billion, a year-on-year increase of 20.6%, among which the sales of high-end product '摘要' increased by more than 50%. Looking forward to the second half of the year, the company will continue to promote the 'Beer+Baijiu' dual-empowerment business model, and control capital expenditure, striving for annual revenue and profit growth. The board of directors declared a mid-term dividend of RMB 0.373 per share, an increase of 30%.

China Res Beer achieved a revenue of approximately RMB 23.744 billion in the first half of 2024, with shareholders' share of earnings of approximately RMB 4.705 billion, a year-on-year increase of 1.2%. The company's beer business sold about 6.348 million kiloliters, although a year-on-year decrease of 3.4%, but the sales of high-end products have strong growth, and the sales of mid-to-high-end beer account for more than 50% for the first time. The revenue of baijiu business is about RMB 1.178 billion, a year-on-year increase of 20.6%, among which the sales of high-end product '摘要' increased by more than 50%. Looking forward to the second half of the year, the company will continue to promote the 'Beer+Baijiu' dual-empowerment business model, and control capital expenditure, striving for annual revenue and profit growth. The board of directors declared a mid-term dividend of RMB 0.373 per share, an increase of 30%.