Four duty-free listed companies in China

China's Big Four are all central enterprises without exception. When it comes to background, no one can beat them. They are very good. The so-called four giants in China are China Resources Group, CITIC Group, China Merchants Group and Poly Group.

The first is the well-known China Resources Group, headquartered in Hong Kong. Prior to this, China Resources Group was an underground transportation station established in Hong Kong during the Anti-Japanese War, which made great contributions to the establishment of New China at that time. 1949 was officially renamed as China resources company, and 1983 was reorganized as China resources group. In 2003, China Resources Group was supervised by SASAC. Today, China Resources Group has become one of the four Chinese-funded enterprises in Hong Kong. China Resources Group has six listed companies, namely China Resources Real Estate, China Resources Power, China Resources Medicine, China Resources Cement, China Resources Beer and China Resources Gas. Moreover, the business of China Resources Group also involves enterprise management, retail and finance. We are familiar with China Resources Su Guo, CR Vanguard, Ipoh Mineral Water and so on, which are also products of China Resources Group. In 20 19, the total assets of China Resources Group reached10.4 trillion yuan, ranking 80th in the list of the world's top 500 companies.

CITIC Group was founded by Rong Yiren, the former richest man in China, and is mainly engaged in financial business. Its subsidiaries include CITIC Bank, CITIC Securities, Huaxia Fund and CITIC Fund. Moreover, CITIC Group also covers many fields, with 175 subsidiaries and total assets exceeding 6 trillion, making it the largest enterprise group in China at present. Not only that, recently it was reported that CITIC Group will enter the social market, join hands with shrimp to enjoy dating, and build a platform for mass dating.

The history of China Merchants can be traced back to 1872, which can be said to be the oldest enterprise in China. As the earliest shipping company in China, China Merchants witnessed and participated in the Westernization Movement, which was a great achievement and a pioneer of national industry and commerce in China. In other words, China Merchants, founded by Li Hongzhang, the minister of the late Qing Dynasty, in 1872, is the oldest company among the four giants. After the founding of New China, it was upgraded from an early shipping company to the earliest domestic-funded enterprise in Hong Kong. But also in the list of four Chinese-funded enterprises in Hong Kong. China Merchants Bank is a well-known enterprise under China Merchants. Not only that, China Merchants Bank also involves infrastructure, ports, highway management, real estate and other fields. Total assets reached 8 trillion yuan.

Poly group. Poly Group was founded in 1993, formerly known as Poly Technology Co., Ltd., and is a large central enterprise group supervised by SASAC. Established in 1984 by the joint investment of the former General Staff Equipment Department and CITIC Company. Its main business is the import and export of military equipment. At first, Poly was born to cooperate with millions of disarmament workers. Today, the business of Poly Group mainly involves international trade, real estate development, mineral resources development, cultural industry management and other fields, covering more than 100 countries and regions around the world.

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