The Chinese brewer, Fujian Huiquan Brewery Group Inc, is expecting to raise CNY452.56m ($54.53m) through the issue of 63m A-shares in an initial public offering, scheduled for February 11, 2003.

The shares are priced at CNY7.44 ($0.90) each which is 20 times the company’s fully diluted earnings per share in 2002. The IPO is open to secondary market investors with holdings of at least CNY10,000 ($1,205).

Just Drinks Excellence Awards - Nominations Closed

Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.

Discover the Impact