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Time to market of Nongfu Spring
September 8, 2020

1. Nongfu Spring, namely Nongfu Spring Co., Ltd., formerly known as "Zhejiang Qiandao Lake Yangshengtang Drinking Water Co., Ltd.", was established on September 26th, 1996/kloc-0, and its headquarters is in Hangzhou, Zhejiang Province, and it is the holding company of Yangshengtang. On may 8, 20 19, nongfu spring announced that it had officially entered the coffee industry. On September 20 19/day, the list of the top 500 manufacturing enterprises in China was released, and Nongfu Spring Co., Ltd. ranked 332nd. On June 7, 2020, 65438 was selected into the list of top enterprises in the national agricultural product processing industry in 20 19, with a comprehensive ranking of 18. On September 8, 2020, Nongfu Spring officially landed on the Hong Kong Stock Exchange, and the opening price increased by more than 85%.

On April 22, 2000, the company announced that it would produce all-natural water and stop producing pure water. In the same year, the company was awarded the honorary title of "Partner of Chinese Olympic Committee" and the honorary title of "Enthusiastic Sponsor of Beijing 2008 Olympic Bid Committee". Nongfu Spring natural drinking water was selected by the Chinese Olympic Committee as "special water for competition and training of China sports delegation in 2000 Olympic Games". "Nongfu Spring is a little sweet" was selected as one of the top ten classic cases of cross-century planning in China. On June 1 day, 2006, the company was changed into a company limited by shares, and the company was officially renamed as "Nongfu Spring Co., Ltd.". In 2002, AC Nielsen, the largest market research institution in the world, was the six most popular brands in China consumer goods market, and Nongfu Spring was the only national brand.

Nongfu Spring only produces natural weak alkaline healthy drinking water, and resolutely opposes adding any artificial minerals to the water. The World Health Organization's drinking water quality guide shows that no matter whether the diet is rich or not, the human body must take a certain proportion of minerals and trace elements from drinking water. Therefore, Nongfu Spring believes that drinking water should contain comprehensive, balanced and natural mineral elements needed by human body, and opposes adding any artificial minerals to water. Nongfu Spring accounts for 25% of China's drinking water market and ranks among the top three in the world. There is no doubt that Nongfu Spring ranks first in the market share of domestic drinking water industry. Today, the high-end water market is changing rapidly, and Nongfu Spring's involvement in the high-end water market is bound to set off a new wave.