Established over 90 years ago by Mr. Chia Ek Chor and Mr. Chia Siew Whooy, the Charoen Pokphand Group (CP Group) is a transnational conglomerate that consists of three core businesses that operate in the agro-industry & food, retail and distribution, and the telecommunications industries with investments and services in over 100 countries and regions. Founded in 1921, the CP Group currently employs over 300,000 people with offices and factories located worldwide. Annual revenue for the year 2015 was USD 43 Billion.
In 1979 when China started to open its door to the outside world, CP Group was among the first foreign investors to enter the country by establishing China’s first foreign-owned enterprise in Shenzhen Special Economic Zone. During the past 30 years, CP Group has invested over 110 billion yuan in China, and generates 100 billion yuan in revenue on an annual basis. It has incorporated more than 300 subsidiaries, and employs over 80,000 people in China.