China Resources Healthcare Group Limited (“China Resources Healthcare”) and Phoenix Healthcare Group Co. Ltd (“Phoenix Healthcare”; HKEx: 1515) entered into a term sheet regarding the transfer of the asset and equity interests on 8 April.

On 11 March, China Resources Cement announced its financial results for the year ended 31 December 2015.

In 2015, China Resources Cement recorded sales of cement, clinker and concrete of 76.72 million tons, 4.63 million tons and 12.31 cubic meters, respectively. The consolidated turnover amounted to HK$26,778.7 million, representing a decrease of 18.0% year-on-year. Profit attributable to owners of the Company dropped 75.9% year-on-year to approximately HK$ 1,015 millio...

On 21 March, China Resources Power announced its financial results for the year ended 31 December 2015.

On 21 March, China Resources Land announced its financial results for the year ended 31 December 2015. Consolidated revenue for Year 2015 amounted to HK$103.39 billion, up by 15.3% year-on-year. Core profit attributable to the owners of the Company excluding revaluation gain from investment properties reached HK$14.21 billion, representing a year-on-year growth of 19.2. Earnings per share achieved HK259.2 cents, up by 11.8% as compared with 2014. The Board of the Company re...

On 21 March, China Resources Beer announced its financial results for the year ended 31 December 2015. Consolidated turnover and the consolidated profit attributable to shareholders of the Company’s continuing operations amounted to approximately HK$34,821 million and
HK$831 million, respectively, representing increases of 1.0% and 13.8%, respectively. As at the end of 2015, the Group operated 97 breweries in 25 provinces in mainland China, with an aggregate annual produc...

On 16 March, China Resources Bank signed the “Strategic Cooperation Agreement Between China Resources Bank and Evergrande Real Estate Group” with Evergrande Real Estate Group at Evergrande Center in Guangzhou. Management of both companies including Xia Haijun, Vice Chairman of the Board and Chief Executive Officer of Evergrande Group attended the signing ceremony.

On 10 March, China Resources Sanjiu announced its financial results for the full year of 2015. During the year, China Resources Sanjiu achieved revenue of RMB7,900 million, representing an increase of 8.57% year-on-year. The pharmaceutical industry contributed revenue of RMB7,417 million, representing an increase of 9.30%. Profit attributable to shareholders of the Company reached RMB1,249 million, representing an increase of 20.59% year-on-year. Net cash flow from operatin...

On 2 March, China Resources Beer announces agreement with ABI to purchase 49% stake held by SABMiller Asia in China Resources Snow Breweries for US$1,600 million (equivalent to approximately HK$12,440 million).

The JCI-CRHG Academy of Hospital Management was recently set up in Hong Kong and Beijing as a joint venture by China Resources Healthcare Company Limited and Joint Commission International (JCI). China Resources Healthcare signed a 20-year exclusivity agreement with JCI, becoming JCI's sole joint venture partner in Mainland China and Hong Kong. This also marks the first time JCI has opened a medical quality management training institution in the form of a joint venture any...

The 2015 National Science and Technology Award Ceremony took place at the Great Hall of the People on January 8. Two projects of China Resources Sanjiu came in second place at the National Awards for Progress in Science and Technology. As reported by CR Sanjiu (Ya'an), these were: (i) "live ingredients-based new technologies for quality control in Traditional Chinese Medicine (TCM) and their application in medicinal materials and Honghua Injection" and (ii) China Resourc...