HENAN KINGSTAR BREWERY CO., LTD: Hong Kong Main Board IPO Application Lapsed, China’s Largest Flavored Craft Beer Enterprise
NewTimeSpace News: According to HKEX disclosures, the Hong Kong Main Board listing application submitted by Henan Kingstar Brewery Co., Ltd on 13 January 2026 has recently lapsed upon expiry of the six-month validity period. CITIC Securities and BOCI acted as joint sponsors at the time of filing. Per CIC data, the Company ranks as China’s third-largest craft beer player and the largest flavored craft beer enterprise in China, commanding a market share of 14.6%.
NewTimeSpace News: Information published on the HKEX website shows that the Hong Kong Main Board listing application submitted by Henan Kingstar Brewery Co., Ltd on 13 January 2026 has recently lapsed after the six-month validity period expired. CITIC Securities and BOCI served as joint sponsors upon submission.
Dating back to 1982, Kingstar Brewery is a leading player in China’s craft beer sector. Based on retail sales in 2024 and the nine months ended 30 September 2025, the Company ranks the eighth-largest enterprise in China’s beer industry and the fifth-largest domestic beer brand. Measured by retail sales for the nine months ended 30 September 2025, it is China’s third-largest craft beer maker and the country’s largest flavored craft beer enterprise with a market share of 14.6%.
The Company pioneered the brand-new category of Chinese-Style Craft Beer by creatively infusing tea ingredients into beer, launching varieties including Kingstar Maojian Tea Beer and Jasmine Tea Beer. As at 30 September 2025, its Chinese-Style Craft Beer portfolio covered 50 SKUs, contributing 78.1% of total revenue.
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