Introduction:

China Resources (Holdings) Co., Ltd. (“CR” or “China Resources Group”) is a diversified holding company registered in Hong Kong. CR was first established as “Liow & Co.” in Hong Kong in 1938, and was later restructured and renamed as China Resources Company in 1948. In 1952, instead of being affiliated to the General Office of the CPC Central Committee, it came under the Central Trade Department (now known as the Ministry of Commerce). In 1983, it was again restructured into China Resources (Holdings) Co., Ltd. In December 1999, CR was no longer linked to the Ministry of Foreign Trade and Economic Cooperation, and came under state management. In 2003, under the direct supervision of SASAC, it became one of the key state-owned enterprises.
In 1983, all affiliates under CR were restructured and were linked to CR through equity holdings. On that basis, China Resources (Holdings) Co., Ltd. was formed. Since then, CR’s business has transformed from a sole trading agency into self-operated businesses. Driven by a series of industrial investments, the company has gradually developed into an influential, industrial-focused enterprise group in Hong Kong and mainland China.

Under China Resources Group there are five business areas, including consumer products, healthcare, energy services, urban construction and operation, technology and finance, seven key strategic business units, 19 grade-1 profit centers, about 2,000 business entities, and more than 420,000 employees.In Hong Kong, there are seven listed companies under CR, and CR Land is a HSI constituent.

Keyword:

consumer products, healthcare, energy services, urban construction and operation, technology and finance,

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