[Summary] Committed to becoming an excellent retail enterprise that improves the
China Resources Vanguard is a state-owned holding enterprise group directly under the central government, an outstanding retail chain enterprise group under China Resources Group, a Fortune 500 company, and one of the largest retail chain enterprise groups in China. It owns numerous well-known brands including China Resources Vanguard, Suguo, Ole', blt, V+, Tesco Express, V>nGO, Happy Valley, Le Du Hui, CR Care, Voi_la!, VIVO Caihuo, Pacific Coffee, e万家, and others. Among them, its supermarket business has ranked first among chain supermarkets in China for many consecutive years.
Founded in 1984, for 30 years China Resources Vanguard has consistently taken a leading role in sustainable development, corporate social responsibility, and employment opportunities. In 2014, China Resources Vanguard achieved sales revenue of 104 billion yuan from its nationwide self-operated stores, with a total of 4,127 self-operated stores. In 2014, China Resources Vanguard merged with TESCO's China business, marking an important step for the national retail brand to align with international standards and achieve leapfrog development. To date, after the completion of the joint venture, China Resources Vanguard has entered 31 provinces, autonomous regions, municipalities, and special administrative regions, and 288 cities, with over 300,000 employees.
As an excellent corporate citizen, China Resources Vanguard has long adhered to and actively participated in initiatives beneficial to society and the ecological 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 persistently realize the maximization of employee value and the rationalization of shareholder value.
Adhering to the corporate philosophy of "Join hands with you to change life," China Resources Vanguard, through continuous optimization and development, is committed to becoming an excellent retail enterprise that improves the quality of public life.
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