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
ROBOT Kombucha by Net Zero Foods has won the Innovation Award in the Probiotic Beverages category in the 2025 Just Drinks Excellence Awards. Discover how this AI-developed, 100% organic, low-sugar probiotic cola is reshaping gut-health drinks while championing bee-friendly, sustainable sourcing.

Discover the Impact