CEFC China Energy (Chinese: 中国华信能源) is a private Chinese conglomerate. The company was among the 10 largest private companies in China in 2014. Since 2013 the company has been listed on the Fortune Global 500 list holding the rank of 229 in June 2016. In March 2020 the company was declared bankrupt as well as its subsidiaries CEFC Shanghai International and CEFC Hainan International. The company used complex web of affiliated companies to facilitate fake deals, inflate trade figures and obtain bank loans to fuel its aggressive expansion.