[Summary] Committed to becoming an excellent retail enterprise that improves the
China Resources Vanguard is a central state-owned holding enterprise group and a top-tier retail chain enterprise group under China Resources Group, a Fortune 500 company. It is also one of China's leading retail chain enterprise groups. Under its umbrella are multiple brands, including CR Vanguard, Suguo, Ole', blt, V+, Tesco Express, V>nGO, Happy Valley, Lerthai, CR Healthcare, Voi_la!, VIVO采活, Pacific Coffee, and e万家. Among these, its supermarket business has achieved outstanding results for many consecutive years.
Established in 1983, China Resources Vanguard has consistently taken a leading role in sustainable development, corporate social responsibility, and job creation over the past 32 years. In 2014, the national self-operated stores of China Resources Vanguard achieved sales of 104 billion yuan, with a total of 4,127 self-operated stores. In 2014, China Resources Vanguard merged with TESCO's China business, marking a significant step for a domestic retail brand to integrate with international standards and achieve leapfrog development. As of now, after the completion of the joint venture, China Resources Vanguard has entered 31 provinces, autonomous regions, municipalities, and special administrative regions across the country, covering 288 cities, with over 300,000 employees.
As a responsible corporate citizen, China Resources Vanguard has long been committed to actively participating in initiatives that benefit society and the environment, such as livelihood security, quality improvement, and environmental protection and energy conservation. It strives to be a friendly and approachable community member, establish win-win strategic partnerships, and persist in maximizing employee value and rationalizing shareholder value.
Adhering to the corporate philosophy of 'Walking with You, Changing Life', China Resources Vanguard aims to become an excellent retail enterprise that improves the quality of public life through continuous optimization and development.
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