New Stock News | Venus Beer submits application to Hong Kong Stock Exchange

According to the disclosure of the Hong Kong Stock Exchange on January 13, Henan Jinxing Beer Co., Ltd. ("Jinxing Beer") has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CITIC SEC and CCB International as its joint sponsors. The prospectus shows that Jinxing Beer is a leading craft beer company dedicated to brewing a unique Chinese style beer. According to Zock Insight Consulting, based on retail sales in 2024 and the nine months ended September 30, 2025, the company ranks as the eighth largest company in the Chinese beer industry and the fifth largest local beer company. In the craft beer race, the company is the third largest craft beer company in China and the largest flavored craft beer company in China, with a market share of 14.6%.