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  September 5, 2001
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Home > Company Index > Financial Services > Investment Firms > China Resources Enterprise, Limited

China Resources Enterprise, Limited
 PROFILE
Beer, meat, and concrete are just a few of the items on China Resources Enterprises' (CRE) growing list of investments. While CRE's million square feet of Hong Kong retail and commercial real estate is still the centerpiece of its portfolio, the company is also a major food distributor and concrete manufacturer. It has joint ventures with South African Breweries and Esprit to make beer and sell apparel, respectively, on the mainland. Other subsidiaries make purified water and soya milk products, run department stores, and make household cleaning supplies. CRE is also developing housing in Hong Kong and Beijing and owns the Hongkong Chinese Bank, which offers commercial banking services through more than 20 branches.

 COMPETITION
Jardine Matheson Holdings Limited (JARLY)
New World Development Company Limited (NDVLF)
Sun Hung Kai Properties Limited (SUHJY)

 DEALS
Deal: E-Color Gets $24.6 Million in Funding
Date Announced: 10.17.00
Value of transaction (US $Mil): 24.6
Description: Graphic-arts color management firm for e-commerce sites raises $24.6 million in venture funding.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,155.10
1-Yr. Sales Growth: 29.8%
Employees: 12,000
Revenue per employee: $179,591.67

 KEY PEOPLE
• Ning Gaoning
    CEO
• Ralph Keung Chi Wang
    CFO

 CONTACT INFO
Room 3908, China Resources Bldg.
, Hong Kong
Phone: 852-2827-1028
Fax: 852-2598-8453
Online: Web Site

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