Under the strategic partnership, Heineken will invest £1700milion in China Resources Beer (Holdings) Co. Ltd. Heineken with this investment will acquire 20.67% stake in China Resources Beer (Holdings) Co. Ltd. CRE will also acquire a 0.9% shareholding in Heineken for £412 million. Heineken will further contribute its operating entities in China, including three breweries, into CR Beer for a total consideration of £2.1 million. Combined, these transactions will result in a net investment of £1700milion by Heineken. Heineken will license the Heineken brand in China to CR Beer. It is intended that Heineken will be CR Beer's exclusive partner for international premium lager beers in China. Heineken and CR Beer have also signed a Framework Agreement to govern the use of other premium brands owned by Heineken which may be licensed to CR Beer in China.