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CEFC China Energy

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CEFC China Energy
Company typePrivate
IndustryOil and gas, Financial services
HeadquartersShanghai, China
Area served
Worldwide
Key people
Ye Jianming (Chairman)[1]
RevenueIncrease CN¥220 billion (2014)[2]
Number of employees
20 000 (2014)[2]
Websitehttp://www.cefc.co

CEFC China Energy (Chinese: 中国华信能源) is a private Chinese conglomerate. With revenue 220 billion CNY (35 billion USD) in 2014 the company is among 10 largest private companies in China.[3] In 2014 company generated revenue mainly from oil and gas (60%) and financial services (25%),[2] but operates also in wide range of other sectors like transport infrastructure, forestry, asset management, hotel management, warehousing services, real estate development and logistics services.[1] A large portion of CEFC's assets is concentrated in overseas markets.[1] Since 2013 the company is listed on Fortune Global 500 list.[4] Most of company is owned by Shanghai Energy Fund Investment Ltd (SEFI), which in registered under Ye Jianming, the chairman of CEFC.[1]

In May 2015 company acquired 5% stake in Czech-Slovak J&T Finance Group.[5] In September 2015 company acquired multiple assets in Czech Republic - majority stake in brewery cs [Pivovary Lobkowicz Group], 10% stake in airline Travel Service, 60% in football club SK Slavia Prague and real-estate assets in Prague - building of former Živnostenská banka at Na příkopě street and cs [Martinický palác] at Hradčany.[6][7]

References

  1. ^ a b c d Staff Reporter (11 July 2014). "Mysterious Shanghai private firms makes Fortune Global 500". WantChinaTimes. Retrieved 7 September 2015.
  2. ^ a b c "Corporate Profile". CEFC China. Retrieved 7 September 2015.
  3. ^ "Top 10 private companies in China". China Daily. 20 August 2014. Retrieved 7 September 2015.
  4. ^ Fortune Global 500
  5. ^ "China's CEFC takes stake in Czech-Slovak J&T Finance Group". Reuters. 14 May 2015. Retrieved 7 September 2015.
  6. ^ Hovet, Jason. "China's CEFC adds to Czech buying spree with airline, brewery deals". Reuters. Retrieved 7 September 2015.
  7. ^ Johnston, Raymond (4 September 2015). "Chinese firm CEFC buys majority stake in Slavia Praha". Prague Post. Retrieved 7 September 2015.


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