Kingway is a famous local beer brand in Shenzhen. Due to market changes and business operations, Kingway Brewery sought industrial transformation through urban renewal. Considering citizens' feelings and memories of Kingway Brewery, industrial heritage protection became an important topic in the renewal project. In view of the two core propositions of industrial development and cultural protection, the plan proposes a composite method of "demolition and reconstruction + industrial heritage protection" that takes into account both industrial upgrading as well as industrial heritage protection and utilization.