Every age has a keyhole to which its eye is pasted.
During Anti-Japanese War, the first thing was uniting democratic personages abroad, receiving and keeping the donated money and materials, and purchasing the needed materials and medicine. Dramatically! mbt shoes Rank the First in the List of Most Comely Vouchers for Truelove In 1938, Zhou Enlai appointed Mr.Yang who just came back from Moscow to found a company which was the forerunner of China Resources in Hong Kong. In 1948, this company did reorganize and enlarge with changing name to China Resources. The initial director of CRC has been appointed to Mr. Qian Zhiguang, with its location standing at the sixth floor of the Pedder Building in Peddar Street, Hong Kong.
From the Anti-Japanese War (1937-1945) and the War of Liberation (1945-1948), CRC has longed for pioneering on the great cause of building a new China all along. They broke through blockage, purchased and delivered the emergently needed materials to liberated areas and successfully opened the trade passage from Hong Kong to the Northeast China in 1947. From 1948 to 1949, China Resources Company has successfully received and sent 4 batches of democratic patriotic people to enter the first secession of the new China Political Consultative Conference from Hong Kong to Beijing.
Huarun Company has always been the agent of China Export and Import Trade Company in Hong Kong, Macau and Southeast Asia, and is the first bridge of new China’s communication with the world trade. During the 30 years as the general agent, China Resource Company firmly fulfilled the responsibility given by the history. China Resources ensured market supply in Hong Kong, assisted inland to formulate a plan for Hong Kong and overseas’ export, connected commodity supply and built up the selling network. At the same time, Huarun widely establish connection with the counties all over the world, and earn exchange profit as well as make important contribution to the foreign trade of China in planned economy period. China Resources based itself on Hong Kong, prudently operated, and established its outstanding reputation. While strengthening its foundation, it reflected its responsibility for Hong Kong and the motherland.
In 1983, the Huarun Building which built in Harbor Street, Wanzai Harbor was finished and Huarun Company was reorganized into Huarun Group, Co., Ltd. From the early 80s of last century, Huarun replaced the traditional agency trading business by share increasing the self-employed shares. Since then, Huarun went on the transformation road from a trading company to an industrialized and diversified company. After twenty years, she tried to develop medium or long term investments. Her investment focused on retail sale, real estate, power, infrastructure and so on. In the early nineties, the company’s transition started to be successful, which lied a good foundation for the company to be one of the most powerful pluralistic enterprises in Hong Kong and inland of China.
In 1922, China Resources registered a company, John Daly, which entered the market and changed the name “China Resources Enterprise.” It became the first listed company of China Resources. Use this as a starting point, Huarun Group’ many sub-companies successfully became listed companies and officially begin its development stage of expanding the enterprise through capital market. Since than, Huarun positively contact with international capital and raise money through listed companies and increase its operation scale and strengthen the power of the company. Meanwhile, in line with the stringent market supervising mechanism of capital market, CRC brought its assets and management into a healthy circle.