BEIJING: Every day many videos are circulated on social media. A video that has come out from China has been a big topic of discussion on social media for a few days now. The video from inside the factory of Tsingtao, a giant liquor manufacturer in China, has gone viral. This is footage of a worker urinating in a container containing the beer ingredients.
These scenes went viral on social media within hours. The video has already been viewed by millions of people. Many people are giving feedback. Following this, the company informed that the incident has been reported to the police and an investigation is underway. The company also explained that the suspected manufacturing plant has been completely closed.
Meanwhile, the company is facing a huge crisis after the footage came out. There are many counter-arguments criticizing the beer company. Everyone is questioning the credibility of the company. The incident has left a huge impact on beer lovers. Also, Tsingtao's shares plummeted after the incident came to light. It is indicated that there may be a big fall in the coming days as well. Tsingtao is a leading beer producer in China. This beer is exported to around 164 countries.
A video clip showed someone urinating in the warehouse containing raw material for Tsingtao Beer went viral on Chinese social media. Regulators of Pingdu County, Qingdao, have started an investigation.
— CN Wire (@Sino_Market) October 20, 2023
A bearish news for Tsingtao Beer(SH600600).#China #Tsingtao pic.twitter.com/sani5QL2Vx