Companies to be acquired by China Resources and Tencent

China Resources Group cooperated with Tencent and Yonghui Supermarket to set up a new joint venture company to acquire Wal-Mart's business in China. The acquisition will expand and optimize the retail business of China Resources Group, and further expand its influence in the retail market in China with the help of Wal-Mart's offline store network and supply chain advantages. Tencent and Yonghui Supermarket also participate in the retail business through cooperation.

China Resources Medical is the main platform of China Resources Group, a central enterprise, in the medical and health field, mainly providing comprehensive medical services and GPO business. According to official website, China Resources Medical has 123 medical institutions, which are distributed in North China, East China, Central China and South China, including 5 tertiary hospitals, 9 secondary hospitals 19, 33 primary hospitals and community centers, and 66 clinics and other medical institutions, with a total number of beds exceeding1000, and the total number of outpatient and emergency services per year.