China Grain Reserve Management Group Co., Ltd. (hereinafter referred to as "China Grain Reserves Group Co., Ltd.") is a large and important state-owned backbone enterprise that involves national security and the lifeline of the national economy approved by the State Council. China Grain and Oils Corporation is entrusted by the State Council to be responsible for the operation and management of the central reserve of grain, cotton and oil, and is also entrusted by the state to implement control tasks such as grain, cotton and oil purchase, sales, and inventory adjustment. Under the national macro-control and supervision, it implements independent operation and self-bearing profits and losses to ensure State-owned assets preservation and appreciation. The group company was established on May 18, 2000 and is headquartered in Beijing. It is a separate line in national planning and finance.

In November 2016, from the strategic height of improving the national important agricultural product reserve system and serving the national macro-control, with the approval of the State Council, China Cotton Reserve Management Co., Ltd. (hereinafter referred to as "China Cotton Reserve Company") was incorporated into China Grain Reserve Corporation. The reorganized China National Grain and Oils Corporation's reserve varieties cover eight major varieties, including staple grains, edible oils and oils, and cotton, making it a major domestic and important agricultural product reserve group with an international influence.

On November 1, 2017, with the approval of the State-owned Assets Supervision and Administration Commission of the State Council, China Grain Reserve Management Corporation completed the company reform, and the enterprise type was changed from a national-owned enterprise to a state-owned wholly owned company, and the enterprise name was changed from "China Grain Reserve Management Corporation" to "China Grain Reserve Management Group Co., Ltd.", the company's abbreviation changed from "China Grain Reserves Corporation" to "China Grain Reserves Corporation", the English name changed from "China Grain Reserves Corporation" to "China Grain Reserves Group Ltd. Company", the company's registered capital is changed from "China Grain Reserves Corporation" to "China Grain Reserves Group Ltd. Company". It changed from 16.68 billion yuan to 47 billion yuan.

The group company implements a board of directors system, and the chairman is the legal representative of the company. As of the end of 2018, the group company had 23 branches, 6 wholly-owned secondary management subsidiaries, and 1 scientific research institute nationwide, with its institutions and businesses covering 31 provinces, autonomous regions, and municipalities across the country. As of the end of 2018, the group company had a total assets of 1409.1 billion yuan, 42,000 employees, and an annual operating income of 318.5 billion yuan.