China Resources

China Resources
华润

Type	State-owned enterprise
Industry	Conglomerate
Founded	1948
Headquarters	Hong Kong, People's Republic of China
Area served	China Hong Kong
Key people	Chairman: Mr. Chen Xinhua
Website	China Resources

Company logo of China Resources before 2002, which implies short form of the company name, "CRC"

The China Resources building in Hong Kong

China Resources (Chinese: 華潤; pinyin: Huá Rùn; Cantonese: Wa4 Yeun6) is a group of companies in a wide variety of businesses in Hong Kong and mainland China. Some of its companies use the name in the form of the acronym CRC.

The company started as Liow & Company (聯和公司) in Hong Kong in 1938 and was renamed as China Resources Company (華潤公司) in 1948. In 1983, the company was incorporated as China Resources (Holdings) Company Limited (華潤(集團)有限公司).

The company's main business focus is the import of mainland Chinese products (including energy) to Hong Kong. Its retail operations are organised under the China Resources Retail (Group), and include Chinese Arts & Crafts; it also runs a number of supermarkets in Hong Kong, originally under the CRC name, but now rebranded as Vanguard. It also owns Ng Fung Hong (五豐行), the monopoly meat importer into Hong Kong.

See also

• China Resources Enterprise
• CR Vanguard
• China Resources Power
• China Resources Land
• China Resources Gas (CR Petroleum Company Limited sold to Sinopec 2007)
• China Resources Cement
• China Resources Tower
• China Resources Alcohol Corporation

• China Mobile Hong Kong Company Limited, formerly China Resources Peoples Telephone Company Limited

External links

• China Resources