Established in February 1984 and headquartered in Hong Kong, CR Vanguard is a retail chain enterprise under China Resources. With retail sales as its main business, CR Vanguard established the CR Vanguard E-commerce Company Limited with 50 million yuan in registered capital on September 26, 2022. The e-commerce company makes significant contributions to Luohu District’s GDP and promotes the high-quality development of its retail sales industry.