Ye Jianming
,Chairman,CEFC China
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One of the main strategies adopted by CEFC China is to expand international economic cooperation in the energy sector in what the company called the ‘go global’ strategy. Founded in 2002 by current chairman 39-year-old Ye Jianming, the company today has almost 30,000 employees, and comrpises three group companies, 15 level-one subsidiaries as investment platforms and an A-share listed company. According to an article by the South China Morning Post, the company’s revenue doubled to $38.3bn between 2012 and 2015, making it the largest oil trader in China. Holding shares of several global companies, CEFC recently won a 4% stake in ADNOC’s ADCO concession for $888mn, giving the company a firm start in the region.
