China Resources (PINK:CRHKY)

China Resources Enterprise, Limited (CRE) is an investment holding and property investment company. The Company, through its subsidiaries, is principally engaged in retail, beverage, food processing and distribution, textile, and property investment businesses. The Company is also a supplier of Chinese foodstuffs. As of December 31, 2009, the Company operated a total of over 2,800 multi-format stores in 16 provinces, municipalities and special administrative regions. During the year ended December 31, 2009, the Company sold approximately 8.4 million kiloliters of beer while and approximately 1.6 million kiloliters of purified Water. In December 2009, the Company completed the disposal of its textile operation. In 2009, the Company completed the acquisition of a supermarket chain of 81 stores.

Web site: http://www.cre.com.hk

Last updated September 24, 2010