Tsingtao Brewery was founded by the Anglo-German Brewery Co. Ltd., an English-German joint stock company based in Hong Kong which owned it until 1916. The brewery was founded on August 15, 1903 as the Germania-Brauerei (Germania Brewery) with a paid-in capital of 400,000 Mexican silver dollars divided into 4,000 shares priced at $100 each.
Tsingtao Beer was introduced to the United States in 1972, and soon became the top-selling Chinese beer in the U.S. market; it has maintained this leadership within the United States ever since, despite increasing competition from other well known Chinese beer brands, Zhujiang and Yanjing. As of July 2018, distribution in the UK and Ireland is handled by C&C Group PLC. The Tsingtao brand is sold in 62 countries and regions around the world, and accounts for more than 50% of China’s beer exports. According to the company’s financial figures from 2010, Tsingtao saw a 6.6% year-on-year revenue increase from sales to Hong Kong and other overseas markets.