Tibet Development Company

Tibet Development Company Limited, also referred to as Tibet Development, Tibet Galaxy Technology Development Company Limited, specializes in the selling of Lhasa Beer and various other beverages.

History

Tibet Development Co., Ltd. received approval from the People's [Government of Tibet Autonomous Region] in Document No. 53 of Tibet Administrative Letter on December 16, 1996. It was established as a joint stock company, with Tibet Lhasa Brewery Limited Liability Company as the primary entity, and four companies—Tibet Pearl Company Limited, Tibet Autonomous Region Mining Industry Development Corporation, Sichuan Yingda Information Company, and Shengdia Company Limited—as the founders, raising capital from the general public. The company was listed on the Shenzhen Stock Exchange in June 1997.
On August 30, 2001, the Company rebranded from Tibet Lhasa Brewery Company Limited to Tibet Galaxy Science and Technology Development Company Limited. In November 2004, the "Lhasa Brewery" and its logo were acknowledged by the State [Administration for Industry and Commerce] as a "China Well-known Trademark."
In 2019, it was recognized by Tibet Autonomous Region as one of the "Top 100 Private Enterprises in Tibet," a distinction it has received annually thereafter.