Summary by Futu AI
Tsingtao Brewery Co., Ltd. (the "Company") announced its unaudited interim results for the six months ended June 30, 2024. The report shows that the company achieved revenue of RMB 20.07 billion, and the net profit attributable to the company's shareholders was RMB 3.64 billion, an increase of 6.31% year-on-year. The company continues to promote product innovation and structural optimization upgrades, and accelerate digital transformation. In the international market, Tsingtao beer products are already marketed in over 120 countries and regions. In addition, the company lifted the restrictions on restricted stocks under the incentive plan on May 16 and July 16, 2024 respectively, and unlocked the listed circulation of stocks on May 27 and July 24. No interim dividends were distributed during the reporting period. In terms of corporate governance, the Company complied with the provisions of Part 2 of Appendix C1 "Code of Corporate Governance" of the Hong Kong Stock Exchange Listing Rules, except for deviation from Section B.2.2 of the Code. The reselection and appointment of the Board of Directors and Supervisory Board will be expedited as soon as possible.