CEFC China Energy
| Company type | Private |
|---|---|
| Industry | Oil and gas, Financial services |
| Fate | Bankrupted |
| Headquarters | Shanghai, China |
Area served | Worldwide |
Key people | |
| Revenue | CN¥263 billion (2015) |
Number of employees | 30,000 (2015) |
| Website | http://www.cefc.co |
CEFC China Energy (Chinese: 中国华信能源) was a Chinese conglomerate. The company was among the 10 largest private companies in China in 2014. In 2017, the company was listed as 222 on the Fortune Global 500. In March 2020, the company—along with its subsidiaries CEFC Shanghai International and CEFC Hainan International—was declared bankrupt. The company used a complex web of affiliated companies to facilitate fake deals, inflate trade figures, and obtain bank loans to fuel its aggressive expansion.