Zhujiang Brewery updates governance, boosts related-party spending
Guangzhou Zhujiang Brewery has revised its Articles of Association, Shareholder Meeting Rules, Board of Directors Meeting Rules, and Audit Committee Work Regulations, effective October 2025, to align with updated laws and regulations. These changes primarily involve standardizing terminology, reordering sections, and refining existing provisions, reflecting ongoing efforts to enhance corporate governance.
Concurrently, the company projects an additional daily operating related-party service transaction of 1.3 million yuan with Guangzhou Industrial Investment Holding Group Co., Ltd., its controlling shareholder (54.15% as of September 2025), and its controlled entities. This raises the total estimated related-party transaction amount to 2.585 million yuan for 2025, an increase from the previously approved 1.285 million yuan. The transaction, approved by the Board of Directors and independent directors, is for consulting, technical, and project services, alongside daily operational services.
In its Q3 2025 financial report, Zhujiang Brewery reported a 1.83% increase in beer sales to 1.2035 million tons year-to-date. Net profit attributable to shareholders rose by 8.16% to 331.76 million yuan, while operating income saw a slight decline of 1.34% to 1,875.48 million yuan compared to the previous year.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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