CR Group（China Resources (Holdings) Company Limited）

Founded in 1938, China Resources (Holdings) Company Limited (“CR” or “CR Group”) is a diversified holding company registered in Hong Kong under the direct supervision of SASAC (State-owned Assets Supervision and Administration Commission of the State Council) and one of the key state-owned enterprises.

CR Group is one of the Fortune Global 500 enterprises, ranking 91th in 2016. Its turnover and pretax profit totaled USD75.4 billion and USD7.2billion respectively, with total asset reaching USD156.0billion at the end of 2016. There are 7 key strategic business units, 16 profit centers, 1996 business entities in CR Group. CR’s business contains consumer goods (retail, beer, food and beverage), electric power, real estate, pharmaceutical, cement, gas and finance, with over 460,000 employees. In Hong Kong, there are six listed companies under CR, among which CR Power and CR Land are HSI constituents, CR Gas and CR Cement are constituent stocks of both Hong Kong’s Hang Seng Composite Index and Hang Seng China-Affiliated Corporations Index. CR Retail, CR Beer and CR Gas are the largest companies in their fields in China in terms of scale of operations. What’s more, CR Power has higher earnings growth, with lower operating cost, and higher operational efficiency in the industry. CR Land is one of the most reputable and integrated real estate developers in mainland China, Snow beer, C’estbon purified water, CR Vanguard supermarkets, and the MIXC mall are all famous household brands in China.

Since the 21th century, CR has grasped the historical opportunities from China’s economic takeoff, and has maintained a rapid growth for 15 consecutive years, effectively achieving its grand strategic vision. All of CR Group’s key operational targets nearly doubled by the end of the 12th Five-Year Plan. CR has built a strong industrial foundation, significantly increasing its overall competitive strength. The enterprise has successfully entered a new stage of development.

In the future, CR Group will continue to achieve better performance in order to generate stable returns to shareholders and contribute to the society.