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Which is stronger, Vanke Group or China Resources Group?
1. The predecessor of China Resources Group was 1938, the "United Bank" established in Hong Kong. 1948 was reorganized and renamed as China resources company. 1952, the subordinate relationship was changed from China Office to China Trade Department (now Ministry of Commerce). 1983 was restructured into China resources (group) co., ltd, and a modern enterprise system was established. In 2003, it was listed as a key state-owned enterprise by SASAC the State Council. The main business of China Resources Group involves five major areas: big consumption, big health, urban construction and operation, energy services, science and technology and finance. The Group has seven strategic business units, 18 first-class profit centers and 1987 entity enterprises with 420,000 employees. Six directly affiliated enterprises are listed in Hong Kong, among which China Resources Power and China Resources Land are listed on the Hang Seng Index in Hong Kong.
2. Vanke Enterprise Co., Ltd. (hereinafter referred to as Vanke or Vanke Group, stock abbreviation: Vanke A, stock code: 000002, stock abbreviation: Shenzhen Vanke A and G Vanke A) was established in May 1984, with a total share capital of10995210200 (2000). After more than 30 years of development, it has become a leading real estate company in China. At present, its main business includes real estate development and property services. By the end of 20 15, the company has entered 66 cities in Chinese mainland, which are located in Guangzhou-Shenzhen area with the Pearl River Delta as the core, Shanghai area with the Yangtze River Delta as the core, Beijing suburb area with the Bohai Sea as the core, and Chengdu-Chongqing area composed of central cities in the central and western regions. China has 34 provincial administrative regions (23 provinces, 5 autonomous regions, 4 municipalities directly under the Central Government and 2 special administrative regions). Excluding Hong Kong, Macao and Taiwan, Vanke's 65 cities belong to 24 provinces. Among them, Guangzhou-Shenzhen region 19, Shanghai metropolitan area 18, Beijing metropolitan area 19, and central and western regions 9.
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