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Nongfu Spring Co., Ltd.
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Nongfu Spring Co., Ltd.

Nongfu Spring Co., Ltd. is China's leading packaged beverage company, specializing in packaged water, ready-to-drink teas, and functional beverages. Headquartered in Hangzhou and listed on the Hong Kong Stock Exchange, the company operates 12 production bases near premium water sources across China and achieved RMB 40 billion ($5.6 billion) in revenue in 2024. Nongfu Spring maintains its dominant

ChinaEst. 199612K+SEHK : 9633

Business Nature

Full vertical integration from source to sale spring water control → production → retail distribution

Core Business Areas

Functional Beverages Electrolyte water, energy drinks - Scream Sports electrolyte drink - Power King Vitamin Water Vitamin functional beverage Fruit & Vegetable Juice NFC orange juice, mixed juices - 100% NFC Juice Orange/Apple/Mango - Farmer's Orchard Mixed fruit & vegetable juice Tea Beverages Ready-to-drink tea, sugar-free tea - Oriental Leaf Jasmine/Oolong/Clear Pu-erh - Tea Pi Fruit-flavored tea beverage Coffee Beverages Ready-to-drink coffee, coffee concentrate - Tan Gin Sugar-free black coffee/Low-sugar latte Bottled Water Natural mineral water, infant water - Drinking Natural Water Basic line - Changbai Snow · Natural Snow Mountain Mineral Water Premium line - Infant-Specific Water Low sodium, mild mineral Dairy Beverages Plant-based protein beverages, fermented milk - Plant-Based Yogurt Nut/Soy-based Special Beverages Mother & baby water, lithium-enriched water - Lithium-Containing Natural Mineral Water Elderly wellness - Tea-Brewing Mountain Spring Water Wuyi Mountain source

Industry Rankings

Corporate Report

**Company Overview & Core Business** Nongfu Spring Co., Ltd. is a Hong‑Kong‑listed Chinese beverage company (HKEX 9633) headquartered in Hangzhou, Zhejiang. It operates a full‑chain “self‑produced + R&D + brand + sales” model, focusing on packaged drinking water, tea drinks, fruit‑juice beverages, functional drinks, coffee, and powdered beverages. The company’s brand heat score of 860 / 1,000 ranks it as the absolute leader in China’s packaged‑beverage market, and its well‑known “天然、健康” (natural, healthy) brand image enjoys the highest consumer recognition in the industry. **Operational Scale &