| China Resources (Holdings)
China Resources (Holdings)
The legal team at China Resources is responsible for the legal affairs relating to the company’s investments, its seven key strategic business units, 18 grade-1 profit centres, 1,987 business entities, and more than 420,000 employees. This covers a range of legal matters including compliance, employment, investment underwriting, contracts and shareholding management matters. In 2017, China Resources had a turnover of RMB551.3bn and a net profit of RMB40.9bn, and its investments covered a range of industries including consumer products – retail, beer, food and beverage – power, real estate, cement, gas, pharmaceuticals and finance. Leading the company’s legal team is Anthony Poon, who operates in the role of deputy general counsel and has been with China Resources since 2006. The company’s origins are in the public sector through its affiliation with the Ministry of Foreign trade and Economic Cooperation prior to 1996, and this commitment to the economic development of Hong Kong and mainland China remains the driving force behind the company’s business agenda.