China National Aviation Fuel

China National Aviation Fuel Group Corporation (CNAF) is a Chinese state-owned enterprise. The company owns a 51% stake in China National Aviation Fuel Supply Co., Ltd. (Chinese: 中国航空油料有限责任公司), one of the largest jet fuel suppliers in China. China National Aviation Fuel Group was ranked 484th in 2016 Fortune Global 500 list.[2]

China National Aviation Fuel Group
State-owned enterprise
IndustryOil and gas industry, equity investment
HeadquartersCNAF Plaza,
Beijing
,
China
ProductsJet fuel
Revenue CN¥225.831 billion (2013)
CN¥003.151 billion (2013)
CN¥000939 million (2013)
Total assets CN¥038.969 billion (2013)
Total equity CN¥009.402 billion (2013)
OwnerChinese Central Government (100%)
Parent
SASAC(direct)
State Council(ultimate)
Subsidiaries
China National Aviation Fuel Supply(51.00%)
China Aviation Oil(50.88%)
Websitecnaf.com
Footnotes / references
in consolidated financial statement[1]
China National Aviation Fuel Group Corporation
Simplified Chinese中国航空油料集团公司
Traditional Chinese中國航空油料集團公司
Alternative Chinese name
Simplified Chinese中国航油
Traditional Chinese中國航油

History

China National Aviation Fuel Group (Chinese: 中国航空油料集团) obtained its current name on 11 October 2002. In 2005 a subsidiary with limited liabilities was incorporated under the Companies Law of China on 22 September 2005, as China National Aviation Fuel Supply (Chinese: 中国航空油料). The minority shareholders of the subsidiary were Sinopec and PetroChina, the listed subsidiaries of fellow oil giant State-owned Assets Supervision and Administration Commission of the State Council.

The corporation had a controversial net loss in 2004, which resulted by the arrest of Chen Jiulin, president of Singapore-listed subsidiary China Aviation Oil.[3]

Subsidiaries
As of 31 December 2013
  • China National Aviation Fuel Supply (51.00%)
  • China National Aviation Fuel Land Petroleum (100.00%)
  • China National Aviation Fuel Logistic (100.00%)
  • China Aviation Oil (50.88%)

Equity investments
As of October 2016
gollark: Or 3d6.
gollark: Or BTC.
gollark: No, Yemmel is.
gollark: Subjective.
gollark: Also, it might be neat to make a maze or something. You could even incorporate nether portals and stuff for more twistiness.

References
  1. "2013 Annual Report" (PDF). China National Aviation Fuel Group (in Chinese). chinamoney.com.cn. 29 April 2014. Retrieved 6 March 2017.
  2. http://beta.fortune.com/global500/china-national-aviation-fuel-group-484
  3. 透视中航油事件. 人民文摘 (in Chinese). Beijing: People's Daily. 2005 (1st issue). 2005. Retrieved 24 September 2017.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.