CMC Capital Group invests $92m in Chinese beer brand Taishan's first funding round

CMC Capital Group invests $92m in Chinese beer brand Taishan's first funding round

Chen Chengwen, chairman of Chinese original beer brand Taishan.

Chinese original beer brand Taishan has secured over 600 million yuan ($92.2 million) in its initial round of equity financing from CMC Capital Group, a private equity (PE) firm that focuses on media, technology, and consumer-related deals in China, the investor announced on Monday.