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. In 2014, the company generated revenue mainly from oil and gas (60%) and financial services (25%). It also operated 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 were concentrated in overseas markets. More information...
According to PR-model, cefc.co is ranked 814,891st in multilingual Wikipedia, in particular this website is ranked 59,192nd in Chinese Wikipedia.
The website is placed before citynews.hu and after afraidmag.wordpress.com in the BestRef global ranking of the most important sources of Wikipedia.
