China Resources Vanguard

China Resources Vanguard is an outstanding retail chain enterprise group under China Resources Group, a state-owned holding enterprise group directly under the central government and a Fortune Global 500 company. It is also one of the largest retail chain enterprise groups in China. It owns multiple brands including China Resources Vanguard, Suguo, Happy Song, China Resources Tang, Ole', blt, V>nGO, Voi_la!, VIVO Caihuo, Pacific Coffee, among which its supermarket business has ranked first among Chinese chain supermarkets for many consecutive years.

China Resources Vanguard was founded in 1984. Over the past 30 years, China Resources Vanguard has always played an exemplary role in sustainable development, corporate social responsibility, and providing employment opportunities. In 2013, China Resources Vanguard's nationwide self-operated stores achieved sales of 92.4 billion yuan, with a total of 3,835 self-operated stores. In 2014, China Resources Vanguard merged with TESCO China's business, which was an important step for the national retail brand to align 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 directly under the central government, and special administrative regions, 288 cities, with more than 260,000 employees. The South China Business Unit of China Resources Vanguard mainly includes hypermarkets, fresh food supermarkets, convenience supermarkets, V>nGO 24-hour convenience stores, and other main business formats. It has entered Guangdong, Guangxi, Hunan, Hainan, Fujian, Sichuan, Guizhou, Yunnan, and Chongqing, achieving full coverage of eight provinces and one municipality in South China! In 2013, the South China Business Unit achieved net sales of 14.08 billion yuan, with a total of 686 stores and more than 30,000 employees.

As an outstanding corporate citizen, China Resources Vanguard has long persisted in and actively participated in causes beneficial to society and the ecological environment, such as livelihood security, quality improvement, environmental protection and energy conservation. It strives to be a friendly and approachable community member, establishes win-win strategic partnerships, and persists in maximizing employee value and rationalizing shareholder value.

Adhering to the corporate philosophy of "Join hands with you to change life," China Resources Vanguard is committed to becoming an outstanding retail enterprise that improves the quality of life for the public through continuous optimization and development.