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Chengde LoLo Company Limited

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Chinese plant-protein beverage producer listed on the Shenzhen Stock Exchange under ticker 000848, known for its almond drink.

Last updated November 4, 2026

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Overview

Chengde LoLo Company Limited (承德露露股份公司) is a Chinese beverage producer headquartered in Chengde, Hebei. It was registered on 17 October 1997 and listed on the Shenzhen Stock Exchange on 13 November 1997 under the ticker 000848. The company describes itself as a pioneer of China's plant-protein beverage industry and one of the first listed companies in the domestic beverage sector. Its controlling shareholder is Wanxiang Sannong Group Co., Ltd. with a 42.93% stake. Its main product is 'LoLo' almond drink (杏仁露), made from wild mountain apricot kernels using a micron-level grinding technology, with 0 cholesterol and 0 trans fatty acids. The company states it follows a strategy of 'leading plant beverage development' and continues to upgrade categories and expand into new consumption scenarios and consumer groups.

History

According to the company's brand story, in 1974 Wang Zhen, then Minister of the Ministry of State Farms and Land Reclamation, visited Chengde Canned Food Factory and suggested developing an almond beverage based on local mountain apricot resources. In 1975, during a downturn in the canned food industry, the company developed and produced China's first plant-protein beverage, almond drink. The first generation of almond drink was exported to the Hong Kong market. The brand name 'LoLo' (露露) was selected through an employee contest, and the brand logo was chosen from Wang Xizhi's calligraphy. In 1991, the 'LoLo' trademark was approved by the National Trademark Office. The company was registered on 17 October 1997 and listed on the Shenzhen Stock Exchange on 13 November 1997. According to Wikipedia, the predecessor of Chengde LoLo was Chengde Canned Food Factory, established in 1950; it developed China's first almond drink in 1975, launched the 'LoLo' trademark in 1991, and its almond drink products hold over 90% market share in mainland China. The company was originally state-owned; after Wanxiang Group's subsidiary took a stake in 2001, the company gradually became privately owned.

  • 2001

    Wanxiang Group subsidiary acquires a stake, beginning privatization.

  • 1997

    Company registered on 17 October and listed on Shenzhen Stock Exchange on 13 November (ticker 000848).

  • 1991

    'LoLo' trademark officially registered.

  • 1975

    China's first plant-based protein beverage, almond drink, is developed and produced.

  • 1974

    Wang Zhen visits the factory and suggests developing an almond beverage.

  • 1950

    Predecessor Chengde Canned Food Factory established.

Products and positioning

Pioneer of China's plant-protein beverage industry; focuses on plant nutrition and health, developing premium plant-based drinks.

  • Classic original almond drink

    Made from selected mountain apricot kernels, using traditional stone-mill grinding; a high-end plant-protein beverage.

  • Classic sugar-free almond drink

    Sugar-free formula, made from selected mountain apricot kernels using stone-mill grinding.

  • LoLo almond drink

    Main product; made from mountain apricot kernels using micron-level grinding technology, 0 cholesterol, 0 trans fatty acids.

Controversies

  • 2024

    Chengde Lulu Almond Drink Fined RMB 100,000 for False 'Low Sugar, Low Calorie' Claims; 'High Protein' Claim Questioned

    Chengde Lulu has been questioned for claiming health benefits on product packaging without a health food label, and for 'high protein' claims that do not match actual protein content. In September 2026, its core product almond drink was fined RMB 100,000 by market regulators for false advertising and unfair competition over claims including 'low sugar, low calorie.' The brand's advertising compliance has been called into question.

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