Misplaced Pages

China National Aviation Fuel

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
(Redirected from China National Aviation Fuel Group) Chinese state-owned enterprise
China National Aviation Fuel Group
China National Aviation Fuel logo (left) and Chinese text "China Aviation Fuel" (中国航油)China National Aviation Fuel logo (left) and Chinese text "China Aviation Fuel" (中国航油)
Headquarters
Company typeState-owned enterprise
IndustryOil and gas industry, equity investment
HeadquartersCNAF Plaza, Beijing, China
ProductsJet fuel
RevenueDecrease CN¥225.831 billion (2013)
Operating incomeIncrease CN¥003.151 billion (2013)
Net incomeIncrease CN¥000939 million (2013)
Total assetsDecrease CN¥038.969 billion (2013)
Total equityIncrease 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
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
Transcriptions
Alternative Chinese name
Simplified Chinese中国航油
Traditional Chinese中國航油
Transcriptions

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.

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.

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

References

  1. "2013 Annual Report" (PDF). China National Aviation Fuel Group (in Chinese). chinamoney.com.cn. 29 April 2014. Retrieved 6 March 2017.
  2. "Archived copy". Archived from the original on 2017-03-07. Retrieved 2017-03-06.{{cite web}}: CS1 maint: archived copy as title (link)
  3. 透视中航油事件. 人民文摘 (in Chinese). 2005 (1st issue). Beijing: People's Daily. 2005. Retrieved 24 September 2017.

External links

Categories: