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China Post Group Limited

A wholly state-owned company managed by the central government
synonymChina Post(China Post) generally refers to China Post Group Limited
China Post Group Co., LTD., referred to as China Post, was formally restructured from the former China Post Group Corporation in December 2019. Company Law of the People's Republic of China organized Wholly state-owned company The company does not set up a shareholders' meeting, the Ministry of Finance in accordance with national laws, Administrative regulations Such provisions shall be fulfilled on behalf of The State Council Funder's responsibilities , Company establishment Leading Party group, board of directors, management. The company operates in accordance with the law Postal service Undertake postal Universal service obligation Commissioned by the government to provide special postal services, yes competitiveness Postal services are operated commercially.
China Post Group Limited Registered capital 137.6 billion yuan [1] In accordance with state regulations, to Universal service Delivery business, financial business, rural e-commerce, etc. as the main business, implementation Diversified management . [25]
China Post Group Limited in 2022 Fortune The world's top 500 The company ranked 81st, surpassing it for the first time Japan Post It ranks first among postal companies in the world. [13]
On April 27, 2021, All China Federation of Trade Unions Grant it nationally The Workers' Pioneer . [9]
Company name
China Post Group Limited
Establishment time
December 28, 2019
Legal representative
Liu Aili [2]
Headquarters location
Peking [2]
Business scope
The main business is postal, express logistics, finance, e-commerce, etc
Type of company
Wholly state-owned company
Annual turnover
$110.271 billion [28] (2022)
Number of employees
932,500 people [1] (2019)
Registered capital
137.6 billion yuan
Unified social credit code:
911000000000192465
Organization Code:
000019246
Registration Number:
100000000018225
Business status:
Start business
Company Type:
Limited liability company (wholly state-owned)
Date of establishment:
October 04, 1995
Legal representative:
Liu Aili
Business term:
December 17, 2019
Registered capital:
13,760,000 (RMB)
Audit/Annual Inspection Date:
December 15, 2021
Registration authority:
Beijing Municipal Administration of Market Supervision
Company Address:
No. 3, Financial Street, Xicheng District, Beijing
Business scope:
Domestic and international mail delivery services; Postal exchange business, postal savings business in accordance with law; Confidential communication services and conscript communication services; Stamp issuing business; Wholesale, retail and online sales of books, newspapers, periodicals, electronic publications, audiovisual products (valid until April 30, 2022); All kinds of postal agency business; Distribution of newspapers, periodicals and other publications; Postal logistics, E-mail and other emerging businesses; Postal software development; Electronic commerce; Sales of postal supplies and communication equipment; Postal engineering planning and postal equipment sales; Postal code information and economic technology business development, consulting and services; Own house rental; Advertising business; Warehousing services; Conference, etiquette services and consultation; Sales of agricultural means of production, agricultural and sideline products, general merchandise, First class medical equipment, household appliances, electronic products, cultural goods, sporting goods, textiles, clothing, hardware and electricity, furniture, building materials, automobiles. Concurrent insurance agency (limited to branch offices); Accommodation, catering services, (branch operation only); Movie ticket agent; Art performance ticket agent; To undertake exhibitions; Organizing cultural and artistic exchange activities (excluding performances); Management of sports events (except high risk sports events); Creative services; Human resource services (excluding job intermediary activities and labor dispatch services); Educational consulting services (excluding educational training activities involving licensing and approval); Health consultation services (excluding medical services); Domestic tourism business; Inbound tourism business; Wholesale and retail food; Retail drugs; Retail tobacco; Internet information services; Operating telecommunications business. (Market entities independently choose business projects and carry out business activities in accordance with the law; Domestic tourism business, inbound tourism business, wholesale, retail food, retail medicine, retail tobacco, Internet information services, telecommunications business and projects subject to approval according to law, and carry out business activities in accordance with the approved contents after approval by relevant departments; They shall not engage in business activities of items prohibited and restricted by the national and municipal industrial policies.
Business partner

Company development

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EDITOR
Since the division of posts and telecommunications and the independent operation of postal services in 1998, the operation and development of China's postal services have always run through the main line of deepening the system reform.
In 2005, The State Council issued a plan for the reform of the postal system, separating the government from enterprises.
In 2007, China Post Group Corporation was established. Postal Savings Bank of China Established;
In 2009, China Post Life Insurance Co., LTD Officially open for business;
In 2015, the adjustment of the legal person system was implemented, and the original 31 provincial (autonomous regions and municipalities) postal companies were adjusted from subsidiaries to branches of the postal Group, and the original 31 provinces (autonomous regions and municipalities) postal services were reorganized express The logistics company is adjusted from a subsidiary of China Post Express Logistics Company to a branch of the company;
In 2018, China Post established the delivery division, reformed the delivery business, and established the "three-step" strategic development goals of "integrating resources, accelerating development, and listing".
In the meantime, deepen Postal savings Bank Reform of Postal Savings Bank in 2012 Overall reform for Company limited by shares In 2015, 10 domestic and foreign postal savings banks were introduced Strategic investment The realization of Postal Savings Bank in 2016 Hong Kong Stock Exchange The main board was successfully listed in 2019 Shanghai Stock Exchange Main board official Listed transaction , fully completed the "share reform - war - A, H Dual listing "Three steps" reform Route map . [3]
On December 28, 2019, China Post Group Co., Ltd. was officially inaugurated in Beijing. [1]
In 2022, China Post officially entered the coffee market, Post office coffee Fall to the ground Xiamen International Trade Building It officially opened on February 14. [14]
On June 8, 2022, China Post announced that it would mobilize superior resources such as time limit, service and cost, focus on key customers, key regions and key lines, and accurately speed up 1,591 mail and delivery business lines. [20]
In December 2022, China Post announced the launch of the Thailand Bangkok City opened in Thailand Overseas position Officially opened warehouse, maximum delivery weight up to 50KG. [26]
On January 14, 2024, China Post Group Co., Ltd. announced the latest statistics that the coverage rate of postal cooperative villages between China Post and express delivery enterprises reached 7 Five percent. [51]
China Post Group Co., Ltd. was inaugurated

Corporate business

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EDITOR
China Post logo
Operating business mainly includes : national and international mail delivery services; Domestic harmony International parcel Express business; Newspapers, books, etc Publication distribution Business; Stamp issuing business; Postal exchange service ; Confidential communication services; Postal financial services; Postal logistics Business; E-commerce business; All kinds of Postal agency service ; Other businesses prescribed by the State [2] .
The company and its branches at all levels are within the scope prescribed by the State Postal service furnish Universal service To handle confidential communications and the distribution of newspapers and periodicals as prescribed by the State in accordance with state regulations; and conscript Ordinary letters, Reading material for the blind And revolutionary martyrs relics and other special services such as free delivery. The company is referred to as "China Post" in Chinese. The original China Post Group Corporation all Credit and debt Existing various professional or special qualifications, Intangible assets After the restructuring of the company to succeed. [3]

Industry development

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EDITOR
First, the scale and quality of industry development have been significantly improved. The scale of industry revenue has expanded rapidly, from 198 billion yuan in 2012 to 1,103.8 billion yuan in 2020, with an average annual growth of 24% Volume of business The number of items increased from 5.7 billion to 83.5 billion, a net increase of 14 times and an average annual growth of 40%. Postal sum Express service The effective appeal rate dropped significantly for express Average unit price From 18.5 yuan to 10.6 yuan.
Two. Masses of the people The use of mail has been improved in an all-round way. Universal postal service The equalization of the city has been basically achieved, and the business outlets have achieved full coverage of towns and villages. Organised village All achieve direct mail. Express network the Coverage area More extensive, township network Coverage rate More than half of the services are delivered directly to villages, and the delivery time in key areas has been reduced to 58 hours.
Third, enterprise cultivation has jumped to a new level . China Post Fortune 500 Its ranking has jumped from 258 in 2012 to 74 in 2020, ranking second in the world's postal enterprises, cultivating three large express delivery enterprise groups with annual business income of more than 100 billion yuan and four with annual business income of more than 50 billion yuan, and eight express delivery enterprises have been successfully restructured and listed.
Four. Cultural soft power It's also getting significantly stronger. Postal service Public culture The platform was initially built and issued in 8 years Gitter stamp 280 sets, 877 pieces in total. Socialist core values have penetrated into the industry and cultivated a number of It's very beautiful Wang Yong as the representative of the industry model.
V. Innovation Development strategy Significant progress has been made. It basically realizes the diversification of service functions, the fast delivery service, the mechanization and automation of internal operation and the informationization of production organization. profession Scientific and technological innovation The system is further improved, and the talent team is greatly advanced to the specialization. [11]

Industry layout

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EDITOR
In February 2022, China Post gradually diversified its business areas. from Visualize inspection APP learned that according to China Post foreign investment industry Distribution map Show, China Post Main business For transportation, accounting for 56.25%. The company has also laid out many industries such as leasing business, wholesale and retail, culture and sports, accommodation and catering. Data show that China Post has the most outlets in the country, and the coverage rate of service outlets in towns and villages reaches 100%. Han Junwei, a researcher at the strategic development Department of the Postal Savings Bank of China, said that in recent years, postal outlets have actively promoted the transformation and development, and realized the traditional general service outlets to the postal service with the model of "universal service + business superposition" Integrated service Platform transformation.
" Oxygenated tea , Post office coffee Such new superimposed businesses are the positive results and highlights of this transformation; Also superimposed "smart pharmacy", telegraphy Such business. In the future, to "superposition superposition superposition, proxy proxy reagency "As the core, promote postal Network transformation Development. [15]
Post office coffee [15]

Leading member

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EDITOR
Leading member
name
job
Liu Aili
Chairman, Secretary of the Party Group
Zheng Guoyu
Director, General manager, Deputy secretary of the Party Group
healthy
Deputy General Manager, member of the Party Group
Full of words
Central Commission for Discipline Inspection and State Supervisory Commission in China Post Group Co., LTD Discipline inspection and supervision Group leader, member of the Party group
Wan Shaoqi
Deputy General Manager, member of the Party Group
Guo Chenglin
Chief accountant, member of Party group
Wang Jian
Deputy General Manager, member of the Party Group
Liu Jianjun
Deputy General Manager, member of the Party Group
(Above updated May 2023, Resources [4] [10] [17] [24] [27] [52] )

Organizational structure

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EDITOR
By country Laws and regulations The company shall not have a shareholders' meeting and shall be governed by the Ministry of Finance in accordance with national laws, Administrative regulations Such provisions shall be fulfilled on behalf of The State Council Funder's responsibilities . The company shall have a board of directors and a management layer and shall be established Corporate governance structure . The company shall establish compliance with relevant national laws, regulations and policies Modern enterprise system Sum of claims Production and management Required labor, personnel and distribution Management system Establish and improve financial, Accounting system . The company may, in accordance with the needs of business development, establish subsidiaries, branches, Representative office And other branches. [3]

Honor received

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EDITOR
China Post Group Corporation, January 8, 2020 Beijing Yanqing Differentiation Company selected in 2019 National" Wipe out pornography and illegal publications "Advanced Collective Public List ( Publicity period From January 8 to January 14, 2020). [5]
May 12, 2020, People's Daily China Brand Development Research Institute Release China Brand development index China Corporate Social Responsibility Leading Index, ranked 33rd. [6]
On August 10, 2020, CHINA POST GROUP Corporation (CHINA POST GROUP) was listed The 2020 Fortune Global 500 list Number 90. [7]
On September 28, 2020, China Post Group Limited issued a report on the China's Top 500 Enterprises 2020 "Ranked 22nd on the list, Operating income It reached 61,724,771 million yuan. [8]
September 25, 2021, selected as" 2021 China Top 500 Enterprises The list, ranked 26th. [12]
In February 2022, it was selected as one of the top ten "National Treasures" brands. [16]
April 2022, China Post Group Co., LTD Guangdong Province Shixing county The branch Beimen Road branch was selected as the pioneer of workers in Guangdong Province in 2022. [18]
In May 2022, it was selected as the "2021 Annual" of the China Media Group. Brand power project Classic case of fusion communication. [19]
In August 2022, The 2022 Fortune Global 500 list , ranked 81st. [21]
In August 2022, he was selected in the" The World's top 500 brands in 2022 ", ranked No. 302. [23]
In September 2022, the company ranked 2022 with an operating income of 700,95084 million yuan Top 500 Chinese enterprises Number 29 on the list. [22]
In July 2023, the company ranked No. 1 on the 2023 Fortune China 500 List with an operating income of $110.271 billion 28 bits. [28]
In August 2023, with 110,270.6 (million US dollars) in revenue, it was listed in the 2023 Fortune Global 500 list, ranking 86th. [29]

Breaking news

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EDITOR
On July 5, 2023, the Group company held a national promotion and launch meeting of the Digital Processing Center Promotion and Application project, emphasizing that it is necessary to fully understand the significance of the project, enhance the sense of mission, strengthen the responsibility, strengthen the integration of industry and technology, and fully promote the improvement of the intelligent capability of the delivery number. [30]
On June 29, 2023, the Group company informed the national transportation industry 2020-2021 annual advanced collective selection of spiritual civilization construction awards, and a total of 10 units of the postal system were awarded the national transportation industry civilized units or civilized demonstration window. Another 7 units have been confirmed to continue to retain the title of civilized unit or civilized demonstration window in the national transportation industry after review. [31]
On July 3, 2023, China Post Group Limited and Industrial and Commercial Bank of China Limited signed a strategic cooperation agreement in Beijing. [32]
On June 30, 2023, China Post Group and China Post Group Trade Union issued a notice, deciding to build 10,000 outdoor workers service stations with the All-China Federation of Trade Unions by the end of July relying on postal outlets to solve the practical problems of outdoor workers such as sanitation workers, couriers, food delivery workers, taxi drivers, and traffic police, such as difficult to eat, drink, and rest. [33]
On June 16, 2023, the signing ceremony of strategic cooperation between the People's Government of Tibet Autonomous Region and China Post Group Co., Ltd. was held in Lhasa. [34]
On June 6, 2023, Tianjin Municipal People's Government signed a comprehensive strategic cooperation agreement with China Post Group Co., LTD. [35]
On August 4, 2023, Postal Savings Bank of China and Shenzhen Stock Exchange signed a memorandum of strategic cooperation in Shenzhen. According to the memorandum of Strategic cooperation, Postal Savings Bank and Shenzhen Stock Exchange will, based on the principles of equal cooperation, mutual benefit and harmonious development, carry out practical cooperation in industry and finance docking services, enterprise listing cultivation, comprehensive financial services, product research and development design, and scientific and technological achievements transformation, so as to meet the diversified investment and financing needs of enterprises, better serve high-quality innovative enterprises, and help the construction of a modern industrial system. [36]
On August 2, 2023, the 2023 Fortune Global 500 list was released, and China Post ranked 86th. China Post has been among the top 100 for four consecutive years since it first jumped into the top 100 in 2020. [37]
On June 16, 2023, the country's first "robot +" indoor and outdoor integrated AI delivery solution was officially launched in the China Post Express Logistics Headquarters, marking the new upgrade of China Post in the "robot +" intelligent delivery solution. [38]
At 12:31 on May 28, 2023, China Eastern Airlines Flight MU9191, operated by the first domestic large aircraft C919, arrived in Beijing from Shanghai, marking the successful completion of the first commercial flight of C919. In order to remember this historic flight, China Post issued a commemorative stamped envelope set of 1 "China Eastern C919 Maiden Flight". [39]
On March 24, 2023, the 2023 National May Day Women's Award Recognition Conference was held in Beijing. The All-China Federation of Trade Unions awarded the title of 450 collective National May Day Women's model posts and 450 individual National May Day Women's model posts. China Post has three groups and four individuals on the list. [40]
On 19 December 2022, the Stamp Exhibition celebrating the 25th anniversary of the establishment of the Hong Kong Special Administrative Region and the 2022 Chinese Philately Culture Hong Kong School Exhibition was held at the China Foundation Secondary School in Hong Kong. [41]
On August 16, 2023, the Group company mobilized and deployed the 2023 postal "919 e-commerce Festival", emphasizing that it is necessary to further improve political standing, make concerted efforts, pay close attention to implementation, focus on postal characteristics, gather internal and external traffic, enlarge the scale of business flow, build a different "919 e-commerce festival" with the strength of the whole network, and promote the development of rural e-commerce to make new breakthroughs. We made new achievements in promoting rural revitalization of China's postal service [42] .
On July 28, 2023, the Group company held a meeting to promote the cost reversal of the delivery business, emphasizing that in accordance with the requirements of the central theme education, focusing on solving the problems existing in the cost reduction and efficiency of the delivery business, deeply promoting the goal-based cost reversal management, constantly deepening the industry benchmarking, strengthening the management of factor resources, and accelerating the implementation of fine cost control. Improve the core competitiveness, achieve high-quality development, and strive to build a world-class enterprise. Party Group members attended, Party Group secretary and chairman Liu Aili spoke, Party Group deputy secretary and general manager Zheng Guoyu presided over, Party group member and chief accountant Guo Chenglin arranged and deployed key work. [43]
From February 16 to 17, 2023, with the theme of "Starting Again to Create the future", the 12th China Digital Publishing Expo co-sponsored by the Chinese Academy of Press and Publication, the Publicity Department of the Beijing Municipal Committee (Beijing Municipal Press and Publication Bureau), and the newspaper Distribution Bureau of China Post Group Co., Ltd. was held in Shougang Park, Shijingshan District, Beijing. The newspaper Distribution Bureau of the Group company issued the "Top 100 China Post Issuance in 2022" at the Newspaper Integration Innovation Forum, and signed strategic cooperation agreements with seven units. [44]
On September 26, 2022, the National Museum of China themed Post Office jointly opened by the National Museum of China and China Post was officially opened to the public. Wang Chunfa, director of the National Museum of China, and Kang Ning, deputy General manager of China Post Group, attended the opening ceremony. [45]
Ensure that all units carry out high-quality thematic education and achieve tangible results. Jianqin, deputy secretary of the Party Group of the Group, deputy leader of the theme education leading Group and director of the office, attended the meeting and put forward work requirements. [46]
On July 15, 2023, the 43rd National Best Stamp selection came to an end in Luoyang, Henan Province, and the results of the 43rd National Best Stamp selection and the 2021-2022 Best Stamp selection were announced. Wang Jiarui, Vice Chairman of the 12th National Committee of the Chinese People's Political Consultative Conference and Chairman of the China Welfare Association, attended the award ceremony and awarded the best stamps of this year's selection. Dai Yingjun, Deputy Director of the State Post Bureau and President of the All-China Philatelic Federation; Kang Ning, Deputy General Manager of China Post Group Limited; Mr. Zhao Xiaoguang, Executive Vice President of All-China Philatelic Federation; The 11th, 12th and 13th CPPCC Standing Committee, former Vice Chairman of Henan Provincial CPPCC Gao Tijian; Huang Yuguo, Executive Vice Minister of Publicity Department of Henan Provincial Party Committee; Xu Yixian, deputy secretary of Luoyang Municipal Party Committee and mayor, and representatives of the main organizer of the event, Henan Province and Luoyang postal Service, cultural tourism, philatelic association and other relevant units attended the award ceremony. [47]
From August 17 to 18, 2023, the National Postal agency financial Risk control compliance 12 provincial (municipal) regional conference was held in Zhengzhou, Henan Province, and Wang Jian, deputy general manager of the Group company attended the meeting and made a speech. Beijing, Tianjin, Hebei, Shanxi, Liaoning, Jilin, Heilongjiang, Jiangxi, Shandong, Henan, Hubei, Hunan and other 12 provinces (municipalities) post branch relevant responsible persons attended the meeting. [48]
On August 22 and 23, 2023, Zheng Guoyu, deputy secretary of the Party Group and general manager of the Group Company, went to China Post Stamp Museum and Beijing Bureau of Communications to conduct work research, fully understand the situation of postal culture publicity, postal history compilation and research, archives management, and other aspects of the site to see the production and operation process of confidential correspondence mail delivery, sorting, and transfer. Group company vice general manager Wen Shaoqi to participate in related research. [49]
On September 1, 2023, the 7th China Post "919 E-commerce Festival" was officially launched. As one of the series activities of "China Farmers Harvest Festival Golden Autumn consumption Season", "919 E-commerce Festival", China Post continues to focus on the theme of "Post 919, Harvest and happy purchase", organize a series of strengthening farmers and benefiting farmers and promotion activities, through consumption subsidies, postal live broadcasting and other ways, active urban and rural consumer markets, and create a strong atmosphere of "celebrating and sharing harvest". We will add new vitality to rural revitalization. [50]

Unit address

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EDITOR
Beijing Xicheng District Financial street A, number three.
China Post Group Limited