Charoen Pokphand

Charoen Pokphand Group Co., Ltd.
เครือเจริญโภคภัณฑ์
Company typePrivate (family-owned)
IndustryConglomerate
Founded1921; 103 years ago (1921)
HeadquartersBangkok, Thailand
Area served
Worldwide
Key people
Dhanin Chearavanont
(Senior Chairman)
Soopakij Chearavanont
(Chairman)
Suphachai Chearavanont
(CEO)
ProductsAgro-industry
Food industry
Manufacturing
ServicesReal estate development
Retail
Investment
Telecommunications
E-commerce
RevenueIncrease US$96.5 billion (2023)[1]
OwnerChearavanont family
Number of employees
452,794
SubsidiariesPing An (9.19%)
CP ALL
Charoen Pokphand Foods
True Corporation (30%)
Ascend Group
Super Brand Mall
CP Axtra
Dayang Motors
Websitewww.cpgroupglobal.com

The Charoen Pokphand Group Company, Ltd.[2] (CP) (Thai: เจริญโภคภัณฑ์; RTGS: Charoen Phokkhaphan) is a Thai conglomerate based in Bangkok. It is Thailand's largest private company and the largest privately held Royal Warrant holder of the Thai Royal Family. The company describes itself as having eight business lines[3] covering 13 business groups. As of 2020, the group has investments in 21 countries.[4]

It owns controlling stakes in Charoen Pokphand Foods (CPF),[5] the world's largest producer of feed, shrimp,[6] and a global top three producer of poultry,[7] pork, among other agricultural produces. It also operates Southeast Asia's largest retail business by revenue, with over 12,000 7-Eleven stores the second largest in the world after the 20,000 stores in Japan[8] and a leading cash and carry business through CP Axtra, formerly known as Siam Makro.[9] In the telecommunications sector, CP Group subsidiary, True Group, is one of the largest telecom firms in Southeast Asia with over 25 million mobile customers.

With some 200 business subsidiaries in mainland China, CP Group is known in China as "Zhèng Dà" (正大 - "positive" or "upright"). When China opened up its economy in 1978, the CP Group was the first foreign investor in the country and became the first foreign company registered in the special economic zone of Shenzhen, Guangdong. The company is the single largest investor in Mainland China today commanding over a fifth of China's entire feed meal market.[10] The corporate registration number was "0001." Through its extensive investments, CP Group has been credited with changing the country's dietary habits and leading China's green revolution.[11]

  1. ^ "Charoen Pokphand Group Sustainability Report 2023". CP Group. 19 July 2024. Retrieved 20 July 2024.
  2. ^ "CP Worldwide". Archived from the original on 2006-08-22.
  3. ^ "Business Lines". Charoen Pokphand Group. Archived from the original on 23 July 2020. Retrieved 28 March 2020.
  4. ^ "About CP". Charoen Pokphand Group. Archived from the original on 23 July 2020. Retrieved 28 March 2020.
  5. ^ "World's Top 10 Animal Feed Companies | Market Research Blog". Market Research Reports® Inc. August 27, 2019.
  6. ^ "CP Foods building land-based shrimp farm in Florida". Undercurrent News.
  7. ^ "ASF drives global poultry market in 2020". www.wattagnet.com. 14 January 2020.
  8. ^ "CP bringing 7-Eleven to Cambodia". Bangkok Post.
  9. ^ "Now More than 10,000 7-Eleven Stores". Bangkok Post. Retrieved 17 January 2018.
  10. ^ Weidenbaum, Murray L.; Hughes, Samuel (1996). The Bamboo Network: How Expatriate Chinese Entrepreneurs Are Creating a New Economic Superpower in Asia. Free Press. pp. 32. ISBN 978-0684822891.
  11. ^ Cite error: The named reference fundinguniverse was invoked but never defined (see the help page).