China Post Group Corporation is a large-scale state-owned enterprise established in accordance with the "Law of the People's Republic of China on Industrial Enterprises Owned by the Whole People". It operates various postal services in accordance with the law, assumes universal postal service obligations, and is entrusted by the government. Provide special postal services and implement commercial operations for competitive postal services.

China Post Group Corporation is an investment institution authorized by the State Council and assumes the obligation to maintain and increase the value of state-owned assets.

The Ministry of Finance is the state-owned assets management department of China Post Group Corporation. With the approval of the State Council, starting from May 1, 2015, China Post Group Corporation has changed from a two-level legal person system of parent and subsidiary companies to a one-level legal person system of head office and branches, and has set up postal branches in all provinces (autonomous regions, municipalities directly under the Central Government), cities and counties across the country. company.

After years of continuous development, China Post Group Corporation has been transformed and upgraded into a large-scale enterprise group with diversified businesses. Its competitiveness has been enhanced, corporate benefits have been significantly improved, and social influence has continued to expand. In 2018, the group's total revenue was 566.4 billion yuan and profit was 46.21 billion yuan.

The Postal Group ranked 113th among the Fortune Global 500 companies in 2018, ranked 2nd among the world's postal companies, and ranked first in the world's postal services for four consecutive years in terms of profit.

Extended information

China Post’s main responsibilities:

1. Implement national laws, regulations and industrial policies, consciously safeguard national security and interests, and carry out national macro-control and industry supervision, be guided by market demand and operate independently in accordance with the law;

2. Operate and manage state-owned assets in accordance with the law in accordance with the authorization of the state, and assume the corresponding responsibility for value preservation and appreciation;

3 . Formulate and organize the implementation of the company's development strategy, development plan, annual plan and major production and operation decisions in accordance with national industrial policies and market demand, and be responsible for input-output effects;

4. Responsible for construction, operation and Maintenance of postal infrastructure tasks;

5. Responsible for the organizational management and command and dispatch of the operation of the national postal network;

6. Organize and implement financial settlements among subsidiaries within the company;

7. Undertake universal postal service obligations, implement communication and information security measures, and ensure the completion of special communication tasks such as confidential communications, issuance of party newspapers and periodicals, and conscript communications;

8 , Optimize the allocation of production factors, transform the enterprise's operating mechanism, strengthen internal management, and enhance the core competitiveness of the enterprise;

9. Unify the management of the company's name, trademark, goodwill and other intangible assets;

10. Guide and strengthen the company's ideological and political work, spiritual civilization construction and corporate culture construction.

Reference source

China Post Group Corporation-Company Introduction