China Resources Enterprise, Limited · Hong Kong
Company Description
39/F China Resources Bldg. 26 Harbour Rd., Wanchai
Hong Kong
(Map)
Phone: +852-2827-1028
Fax: +852-2598-8453
Rankings
- Hang Seng
View China Resources Enterprise, Limited Locations On A US Map
This link will open in a new window
China Resources Enterprise is ditching oil for beer. Having divested its petroleum distribution business in mid-2007, the group is now focused on becoming the largest consumer company in mainland China and Hong Kong, with a focus on retail, food and beverage, and textiles. Its holdings include supermarket and convenience store retail, fashion and arts and crafts retail, food processing, brewery, textile manufacturing, and property investment operations. Its more than 2,400 supermarkets and franchised stores operate under such brands as vanguard, Suguo, and Vango. Holding company China Resources National Corporation owns more than half of China Resources Enterprise. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key China Resources Enterprise, Limited Financials
| Company Type | Public Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $8,337.0 |
| Employees | 80 |
China Resources Enterprise, Limited Executives
25 executives listed for China Resources Enterprise, Limited's , location.
| Title | Name & Bio | Contact |
| Chairman | Shibo Qiao | Network |
| Managing Director; Vice Chairman and CEO, Vanguard | Chen Lang | Network |
| Deputy CFO | Siu Ling Cheung | Network |
Competition
Competitive Landscape for China Resources Enterprise, Limited
Demand is driven by consumer preferences in alcohol consumption and demographic trends. The profitability of individual companies depends on effective sales operations and maintaining low operating costs. Large companies have advantages in exclusive distribution rights in large markets. Small operations can compete effectively by distributing rare and expensive products. The industry is capital-intensive: average annual revenue per employee is about $450,000 for beer wholesalers and $700,000 for wine and distilled spirits wholesalers. To read the full description, subscribe now.Top China Resources Enterprise, Limited Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
