Tsingtao Brewery Company Limited (Stock Code: 168) announced the termination of its acquisition of the entire equity interest in Jimo Yellow Wine. According to a previous announcement dated 7 May 2025, completion of the acquisition and payment of the consideration were conditional upon meeting all stipulations in the transfer agreement.
As of 27 October 2025, since the specified completion conditions were not fulfilled, the acquisition is no longer proceeding, and Tsingtao Brewery Company Limited has indicated that it bears no liability for breach of contract arising from the termination. The company reminded investors to remain prudent and aware of potential risks when making investment decisions.