
Investments
10Portfolio Exits
2Funds
1Partners & Customers
9About China Resources Holdings
China Resources Holdings, through its subsidiaries, engages in power, property, cement, gas, pharmaceuticals, and finance businesses. It owns and operates supermarkets in China; produces and distributes beers; processes and distributes meat, fresh, live, and aquatic products; produces and packages bottled drinking water; invests, develops, operates, and manages thermal power, wind power, hydropower, coal, and distribution-type energy projects; develops, manages, and operates real estate properties in Hong Kong and Thailand; and manufactures and distributes limestone, cement, clinker, and ready-mixed concrete.
China Resources Holdings Headquarter Location
49/F, China Resources Building 26 Harbour Road
Wanchai,
Hong Kong
+852 2879 7888
China Resources Holdings Web Traffic
China Resources Holdings Rank
Latest China Resources Holdings News
Jun 22, 2022
(Yicai Global) June 22 -- The first group of large Chinese state-owned enterprises have completed the transition into capital management companies, as part of the process of reforming the regulatory system that oversees the country’s SOEs. The SOEs involved were China Baowu Steel Group, China State Development and Investment, China Merchants Group, China Resources Holdings, and China National Building Material Group, according to a notice recently issued by the State-owned Assets Supervision and Administration Commission. China launched a pilot transition program involving 19 big SOEs directly controlled by the central government in July 2014. Five of them have now completed the process. After the reforms, the system that supervises state-owned assets will have a “three-tier structure,” with SASAC sitting at the top, while the newly formed capital management firms act as a liaison between the regulator and the various SOEs, Wu Gangliang, a researcher at the China Enterprise Reform and Development Society, told Yicai Global. In that way the capital management companies can act as an “isolation layer,” preventing government officials from being directly involved in the daily running of SOEs, Wu said. They will also play the role of SOE owners, making market-oriented business decisions on matters such as M&As, equity investment, setting up special purpose funds to attract private investment in new projects, he added. The reforms will establish a new state-owned assets regulatory system with capital management as its main focus, thereby creating a modern enterprise management scheme that fits well with Chinese culture, said Li Jin, chief researcher at the China Enterprise Research Institute. The successful transition of the first five shows that through reform, SOEs can lift their game in terms of authorized operation, capital management, institutional restructuring, and service to the real economy, while the experience they acquire in the process will provide clearer guidance for other SOEs, according to Zhou Lisha, research director at the Institute for State-owned Enterprises at Tsinghua University. Editors: Tang Shihua, Futura Costaglione Follow Yicai Global on RELATED
China Resources Holdings Investments
10 Investments
China Resources Holdings has made 10 investments. Their latest investment was in Ruiming New Drug as part of their Series A - III on April 4, 2022.
China Resources Holdings Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/6/2022 | Series A - III | Ruiming New Drug | Yes | 1 | ||
4/13/2021 | Series B | Aibee | Yes | 8 | ||
11/7/2019 | Corporate Minority | Oatly | $41.7M | No | Nativus, and Undisclosed Investors | 2 |
1/22/2019 | Series C | |||||
10/25/2018 | Secondary Market |
Date | 4/6/2022 | 4/13/2021 | 11/7/2019 | 1/22/2019 | 10/25/2018 |
---|---|---|---|---|---|
Round | Series A - III | Series B | Corporate Minority | Series C | Secondary Market |
Company | Ruiming New Drug | Aibee | Oatly | ||
Amount | $41.7M | ||||
New? | Yes | Yes | No | ||
Co-Investors | Nativus, and Undisclosed Investors | ||||
Sources | 1 | 8 | 2 |
China Resources Holdings Portfolio Exits
2 Portfolio Exits
China Resources Holdings has 2 portfolio exits. Their latest portfolio exit was Oatly on May 20, 2021.
China Resources Holdings Acquisitions
5 Acquisitions
China Resources Holdings acquired 5 companies. Their latest acquisition was City'super on August 03, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
8/3/2020 | Corporate Majority | 5 | ||||
2/25/2020 | Other | |||||
7/21/2016 | ||||||
1/1/2014 | Other | |||||
1/24/2011 | Other |
Date | 8/3/2020 | 2/25/2020 | 7/21/2016 | 1/1/2014 | 1/24/2011 |
---|---|---|---|---|---|
Investment Stage | Other | Other | Other | ||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Corporate Majority | ||||
Sources | 5 |
China Resources Holdings Fund History
1 Fund History
China Resources Holdings has 1 fund, including CR-CP Life Science Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
CR-CP Life Science Fund | $300M | 1 |
Closing Date | |
---|---|
Fund | CR-CP Life Science Fund |
Fund Type | |
Status | |
Amount | $300M |
Sources | 1 |
China Resources Holdings Partners & Customers
9 Partners and customers
China Resources Holdings has 9 strategic partners and customers. China Resources Holdings recently partnered with INVISTA on December 12, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
12/30/2021 | Licensor | United States | Invista licenses polymerisation tech to China Resources Yantai Nylon As with China Resources Holdings and all local partners , we look forward to working closely together for success on this new project and to identify additional opportunities for nylon 6,6 downstream applications , enabling strong growth as we contribute to the upgrading of the nylon 6,6 industry in China , '' said Pete Brown , nylon polymer executive vice president , Global Intermediates , Invista . | 1 | |
4/12/2018 | Partner | ||||
2/2/2018 | Vendor | ||||
1/19/2018 | Partner | ||||
12/31/2017 | Partner |
Date | 12/30/2021 | 4/12/2018 | 2/2/2018 | 1/19/2018 | 12/31/2017 |
---|---|---|---|---|---|
Type | Licensor | Partner | Vendor | Partner | Partner |
Business Partner | |||||
Country | United States | ||||
News Snippet | Invista licenses polymerisation tech to China Resources Yantai Nylon As with China Resources Holdings and all local partners , we look forward to working closely together for success on this new project and to identify additional opportunities for nylon 6,6 downstream applications , enabling strong growth as we contribute to the upgrading of the nylon 6,6 industry in China , '' said Pete Brown , nylon polymer executive vice president , Global Intermediates , Invista . | ||||
Sources | 1 |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.