Type Private Number of employees 20 000 (2014) Revenue 220 billion CNY (2014) Founded 2002 | Area served Worldwide Headquarters Shanghai | |
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Industry Oil and gas, Financial services Key people Ye Jianming (Chairman), rising from 342 in 2015 to 229 in June 2016 [1] Subsidiaries SK Slavia Prague, Rompetrol | ||
CEFC China Energy (Chinese: 中国华信能源) is a private Chinese conglomerate. With revenue of 220 billion CNY (35 billion USD) in 2014 the company is among the 10 largest private companies in China. In 2014 the company generated revenue mainly from oil and gas (60%) and financial services (25%), but operates also in a wide range of other sectors like transport infrastructure, forestry, asset management, hotel management, warehousing services, real estate development and logistics services. A large portion of CEFC's assets is concentrated in overseas markets. Since 2013 the company has been listed on the Fortune Global 500 list. It rose from a rank of 342 in 2015 to 229 in June 2016. Most of the company is owned by Shanghai Energy Fund Investment Ltd (SEFI), which is registered under Ye Jianming, the chairman of CEFC.
In May 2015 company acquired a 5% stake in Slovak J&T Finance Group. This increased to 9.9% in September 2015. In September 2015 company acquired multiple assets in the Czech Republic - a majority stake in brewery Pivovary Lobkowicz Group, a 10% stake in airline Travel Service, 60% in football club SK Slavia Prague and real-estate assets in Prague - the building of the former Živnostenská banka at Na příkopě street and Martinický palác at Hradčany. CEFC also bought a stake of between 50 and 90 per cent in Czech online travel agent Invia in March 2016, probably with a view to capitalising on the rapidly increasing numbers of Chinese tourists visiting Prague.