AIB, subsidiary of largest beverage company in SEA holds talks with Hainan Free Trade Port

November 2, 2020, Asiaeuro International Beverage (AIB), a wholly-owned subsidiary of Thai Beverage, visited Hainan Free Trade Port and held talks with the Hainan International Economic Development Bureau (IEDB) to discuss expansion into the Chinese market.

Executive chairman of AIB, Mr He Xincheng said AIB is a wholly-owned subsidiary of ThaiBev, a well-known beverage company in Thailand and the company focuses on the import, marketing, sales and distribution of international wine and liquor brands.

Their products include single malt whiskey, Scotch whisky, cognac, Japanese sake and shochu, Asian liquor, international liquor, wine, champagne and other products.

Ruslan Tulenov Global Press Officer of the IEDB introduced the preferential policies and investment opportunities of the Free Trade Port to AIB and extended an invitation to participate in the upcoming International Consumer goods fair, where Asiaeuro International Beverage hope to exhibit their brand products.

Introduction of Asiaeuro International Beverage and Thai Beverage:

Asiaeuro International Beverage (AIB) is a joint venture wine and liquor company with operations in China, Hong Kong and Macau. AIB was established in 2018 by ThaiBev’s wholly-owned subsidiary-International Beverage Holdings Limited (IBHL) & Asia Group Corporation Limited (AGC).

AIB has two operating companies: Asiaeuro International Beverage (Guangdong) and Asiaeuro International Beverage (Hong Kong). Both companies focus on the import, marketing, sales and distribution of international wine and liquor brands.

Thai Beverage Co., Ltd., also known as ThaiBev (Thai Beverage PLC), is the largest beverage company in Southeast Asia. The company was founded in 2003 by Thailand’s richest man Su Xuming (Charoen Sirivadhanabhakdi) and is headquartered in Bangkok, Thailand.

Source text in Chinese

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