China Resources Enterprise, Limited focuses on the consumer businesses in the Chinese Mainland and Hong Kong. The company’s main activity areas include retail, beverage, food processing and distribution, textile and investment property. Segments The company’s Retail division mainly comprises three business segments: supermarket and logistics; brand-fashion distribution in the Chinese Mainland; and other retail stores operation. Supermarket and Logistics: As of December 31, 2008, the company operated a total of approximately 2,600 stores in the Chinese Mainland and Hong Kong, of which approximately majority were self-operated and the rest were franchised stores. Major store formats are hypermarket, superstore, supermarket and convenience store. These stores serve Eastern China, Southern China, Hong Kong and Northern China. Brand-fashion Distribution: As of December 31, 2008, the company operated 1,090 self-operated and franchised stores under the Esprit and Red Earth brands in the Chinese Mainland. Other Retail Stores: As of December 31, 2008, the company’s chain of retail stores mainly consisted of 5 Chinese Arts & Crafts stores in Hong Kong and 47 CR Care stores in Hong Kong and the Chinese Mainland. Beverage Segment The company is main brewer in the Chinese Mainland. As of December 31, 2008, the company operated 60 breweries in the Chinese Mainland with an annual production capacity of approximately 12 million kiloliters, including an aggregate production capacity of approximately 1.2 million kiloliters from the greenfield breweries in Gansu Province, Hebei Province, Jiangsu Province and Heilongjiang Province. The company also has purified water operation. Food Processing and Distribution Segment The company’s food processing and distribution business engages in the food production, processing, distribution, wholesale, retail, slaughterhouse operation, transportation, and trading of livestock, frozen meat, aquatic, assorted foodstuff, and processed food products; abattoir operation; marine fishing; and meat products processing. Textile Segment The company's textile business comprises the manufacture and distribution of textile products, yarns, and garments. Investment Property segment The company has a rental property portfolio covering both Hong Kong and mainland markets. The retail property portfolio in Hong Kong is approximately 576,000 square feet in size. It also has some rental properties for industrial and office use. Other Investment Segment Container Terminal Operation: The company has a minority interest in a container terminal operator, HIT Investment Limited, which has container port interests in Kwai Chung, Hong Kong, as well as Hutchison Ports Yantian Investments Limited, the Chinese Mainland.
china resources enterprise
(291:Hong Kong Stock Exchange)
China Resources Building
26 Harbour Road
Phone: 852 2827 1028
Fax: 852 2598 8453www.cre.com.hk
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