Charoen Pokphand

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The Charoen Pokphand Group Company, Ltd. (Thai: เจริญโภคภัณฑ์; RTGS: Charoen Phokkhaphan; also commonly known as CP) 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 covering 14 business groups. As of 2025, the group has investments in 21 countries. It owns controlling stakes in Charoen Pokphand Foods (CPF), the world's largest producer of feed, shrimp, and a global top three producer of poultry, pork, among other agricultural produces. It also operates Southeast Asia's largest retail business by revenue, with over 15,245 7-Eleven stores the second largest in the world after the 20,000 stores in Japan and a leading cash and carry business through CP Axtra, formerly known as Siam Makro. In the telecommunications sector, CP Group subsidiary, True Corporation, is one of the largest telecom firms in Southeast Asia with over 48.8 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. 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.