Tsingtao

Tsingtao belongs to State-owned Assets Supervision and Administration Commission of Qingdao through Tsingtao Brewery Company Limited → Tsingtao Brewery Group Co., Ltd.. Tsingtao is owned by State-owned Assets Supervision and Administration Commission of Qingdao, headquartered in China. No. The ultimate owner of Tsingtao, State-owned Assets Supervision and Administration Commission of Qingdao, is headquartered in China, not in the United States.

A major publicly traded Chinese brewery and one of the largest beer producers in the world, with significant investment from the Qingdao municipal government and various institutional investors.