Founded in 1984, China Resources Vanguard has been a leader in sustainable development, corporate social responsibility and employment opportunities for over 35 years. In 2018, China Resources Vanguard self-operated stores achieved sales of 101.3 billion yuan, and the total number of self-operated stores reached 3, 192. In 2014, China Resources Vanguard merged with TESCO China, which is an important step for the national retail brand to be in line with international standards and achieve leap-forward development. Up to now, after the completion of the joint venture, China Resources Vanguard has entered 240 provinces, autonomous regions, municipalities and special administrative regions, 240 cities, with nearly 220, 000 employees.