- Business
- Golden Resources Development International Limited (0677.HK) is an investment holding company principally engaged in food distribution, convenience store operations, and related businesses. Founded in 1946 and headquartered in Wan Chai, Hong Kong, the company sources, imports, wholesales, processes, packages, markets, and distributes rice and food products, including glutinous rice, pearl rice, and vitamin-enriched rice varieties; operates Circle K convenience stores in Vietnam; manufactures and sells recyclable packaging materials in Mainland China; invests in equity and debt securities; and undertakes property investment, holding, and development activities. It also provides information technology services, warehousing, logistics, money lending, rice re-exporting and importing, procurement of goods, and engages in retail and entertainment development and management through its Retailtainment segment, serving markets in Hong Kong, Vietnam, Mainland China, Macau, and internationally including the US, Canada, Australia, the UK, and Japan.
The company operates through seven segments: Convenience Store Operation focused on Vietnam retail outlets; Food Operation encompassing rice and fast-moving consumer goods distribution; Packaging Materials Operation for eco-friendly production; Securities Investment; Property Investment; Retailtainment for dining and entertainment hubs such as those in Niseko, Japan; and Corporate and Others covering ancillary services like trademarks holding.
In recent developments, Golden Resources Foods Limited, a key subsidiary, appointed KLN Logistics Group Limited (0636.HK) as its fourth-party logistics partner in September 2025 to manage end-to-end supply chain operations across Hong Kong and Macau, including warehousing, inventory, distribution, and international deliveries to enhance operational efficiency and market expansion. Earlier, in 2022, the company formed a joint venture with Kamakura Foods through its major shareholder Yuen Loong for central kitchen, retail stores, and vending operations selling Ekiben bento and Onigiri in Hong Kong. As of late 2025, the group continues scouting selective joint venture and minority investment opportunities aligned with its core pillars in convenience retail, food distribution, and packaging to drive transformation, digitalization, and sustainable growth amid market stabilization.