China Resources
华润集团
Real Estate & ConglomeratesShenzhen · South (Guangdong · Hong Kong · Hainan)
Business focus
Real Estate & Conglomerates
Description
China Resources (华润集团, CRC) is a central state-owned conglomerate under SASAC, tracing its roots to a Hong Kong trading firm founded in 1938 and headquartered today in both Hong Kong and Shenzhen. Its diversified portfolio spans real estate and shopping malls (China Resources Land, Mixc/万象城 malls), beer (Snow, the world's top-selling beer brand by volume), pharmaceuticals, power generation, and retail (CR Vanguard supermarkets). It is one of China's largest and oldest SOEs, with multiple Hong Kong-listed subsidiaries.