Summary by Moomoo AI
Qingdao Beer Co., Ltd. ("the Company") announced the unaudited interim financial results for the six months ended June 30, 2024. The report shows that the Company achieved revenue of RMB 20.07 billion and net profit attributable to the Company's shareholders of RMB 3.64 billion, an increase of 6.31% year-on-year. The Company continues to promote product innovation and structural optimization and accelerate digital transformation. In the international market, Qingdao Beer products have been 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, and the stocks were listed for trading on May 27 and July 24, respectively. No interim dividends were distributed during the reporting period. In terms of corporate governance, the Company complied with the provisions of Part II of Appendix C1 of the Listing Rules of The Stock Exchange of Hong Kong Limited, but deviated from clause B.2.2. The re-election and appointment of the Company's board of directors and board of supervisors will be expedited as soon as possible.