This must start from the history of China Resources! The predecessor of China Resources was 1938 United Bank established in Hong Kong, which was reorganized and renamed as China Resources Company on 1948. Before liberation, China Resources has been an important organization of the hidden front of the Hong Kong Party. 1952, China Resources was placed under the leadership of the Central Ministry of Trade (Government Affairs Bureau) from the General Office of the Central Committee of the CPC. 1954, the central government placed all mainland institutions in Hong Kong under the leadership of China Resources Corporation, and China Resources became the general agent of import and export companies in the Mainland.

Since 1990s, the mainland has entered a period of market economy development. China Resources sized up the situation, resolutely bid farewell to the traditional trade business and moved towards industrialization and capital market. 1992 China resources owned the first listed company, China resources entrepreneurship, and China resources entrepreneurship started from this, using international capital market financing to accelerate enterprise development through mergers and acquisitions. At the end of 1990s, China Resources carried out a series of major reforms in enterprise development mode, organizational structure and corporate governance structure, completely getting rid of the characteristics of traditional trading companies.

Since 200 1, China Resources has followed the trend of rapid economic development in the mainland and rapid economic integration between the two places, determined the development direction of "diversification of groups and specialization of profit centers", put forward the strategic goal of "rebuilding China Resources", actively developed in the mainland, and made large-scale investments in consumer goods, electricity, real estate, cement, gas, medicine, finance and other fields. The business sector has advanced and retreated. The ability to use the capital market has been continuously enhanced, forming a powerful industrial cluster, consolidating and upgrading the leading position in the industry, making new breakthroughs in business innovation and forming a unique diversified development model.

Up to now, China Resources Group is one of the 53 key state-owned enterprises directly supervised by SASAC the State Council. Headquartered in Hong Kong, it has 7 strategic business units (SBU) and 265,438+0 primary profit centers, with more than 65,438+0,200 entities. There are five listed companies in Hong Kong and six listed companies in the Mainland. Among them, China Resources Venture, China Resources Power and China Resources Land rank among the constituents of Hong Kong Hang Seng Index, with more than 300,000 employees. 20 1 1, ranking 346th in Fortune Global 500 and 5th in comprehensive financial indicators of central enterprises. Since 2005, it has been continuously rated as an A-level central enterprise by SASAC.