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.
Since the advent of the 21th century, CR has been striving to capture the historical opportunities arising from China’s economic takeoff, and has maintained rapid growth for more than a decade, effectively achieving its grand strategy vision of “Recreating CR”for a second time. CR has built a strong industrial foundation, and significantly increased its overall competitive strength. The enterprise has entered a new phase of development.
In future, China Resources Group will continue to excel at this new starting point, achieving better performance in order to generate stable returns to shareholders and contribute to society.