Guangdong Zhaoqing Blue Ribbon Beer Lubao Co., Ltd. is the first joint venture to produce foreign famous brand beer in China by using well-known trademarks at home and abroad, and it is also the foreign brand enterprise with the largest beer sales volume in China. The company is located on the lakeside of Qixingyan Lake in Zhaoqing, Guangdong Province, with natural and high-quality spring water from Beiling Mountain in the north, Xijiang River in the south, Sanrongxia Deepwater Wharf in the west and Zhaoqing Railway Station in the east, so the land and water transportation is very convenient. The company covers an area of 13, square meters with a building area of 87, square meters. It has fixed assets of 538 million yuan and 79 sets of production equipment. The annual production capacity of beer is 25, tons, and the product packaging specifications include 64ml, 355ml glass bottle, 355ml can, white bottle and gold bottle, 946/1183ml blue ribbon king, 64ml little blue king and bottled fresh beer. There are 81 employees, including 18 engineers and technicians. Blue Ribbon Beer was founded in 1844, with a history of more than 15 years, and has won many gold medals in world expositions. The company introduced a complete set of American production equipment, selected high-quality raw materials, blue ribbon yeast and hops, and produced according to the traditional technology of American blue ribbon under the guidance of American winemaking experts. Its taste has completely reached the standard of American blue ribbon beer, and its products are famous for their light color, high quality, pure taste and full of gas. After the company was completed and put into operation in November, 199, due to the good product quality, it was trusted and praised by customers, and its development momentum was rapid. In 1997, it achieved sales income of 678 million yuan, with a total profit tax of 239.5 million yuan, including a profit of 148.8 million yuan. The per capita profit tax index has maintained the first advanced level in the national beer industry for five consecutive years, reaching 2, yuan. In recent years, Blue Ribbon Beer has been successively rated as "National Best Star Beer", "National Famous Brand Product in Food Industry" and "National Golden Bridge Award for Best-selling Domestic Goods". At present, the blue ribbon beer produced by the company covers 3 provinces, municipalities and autonomous regions in China and is exported to Hong Kong, Macao, Southeast Asia and other countries and regions. In a few short years, the company has become the largest profit and tax producer in Zhaoqing, an advanced enterprise with quality and benefit in the national food industry, a top 2 enterprise in China light industry and the 5 largest industrial enterprises with foreign investment in China. Comrade Liang Qihua, the general manager of the company, won the National "May 1st Labor Medal" in 1997.