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So who or what was CEFC, the company we learned today that wanted to invest in the Biden family?
Some background on the now defunct company and founder: https://www.cnn.com/interactive/2018/12/asia/patrick-ho-ye-jianming-cefc-trial-intl/
Some background on the now defunct company and founder: https://www.cnn.com/interactive/2018/12/asia/patrick-ho-ye-jianming-cefc-trial-intl/
CEFC China Energy Co. Ltd., the fallen energy and financial conglomerate controlled by secretive tycoon Ye Jianming, has been declared bankrupt by a Shanghai court, according to a ruling (link in Chinese) dated March 31 [2020] and published Friday...
... on an enterprise bankruptcy information disclosure platform set up by China’s Supreme People’s Court.
...several of its subsidiaries including CEFC Shanghai International Group Ltd. and CEFC Hainan International Holdings Co. Ltd. were also declared bankrupt in the same ruling
...several of its subsidiaries including CEFC Shanghai International Group Ltd. and CEFC Hainan International Holdings Co. Ltd. were also declared bankrupt in the same ruling
Here is the link, although the article is behind a paywall: https://www.caixinglobal.com/2020-04-25/fallen-energy-conglomerate-cefc-declared-bankrupt-101547143.html
After the CEO’s disappearance in 2018, the Chinese state brokerage took over its trading arm: https://www.ft.com/content/4fb1ff6c-079f-11ea-a984-fbbacad9e7dd
Finally, some detail on the “disappearance” of the former CEO Ye Jianming: https://advox.globalvoices.org/2019/03/15/censored-on-wechat-the-disappearance-of-ye-jianming-former-chairman-of-cefc-china-energy/
Found this thread also. Thanks @gummibear737 ! https://twitter.com/gummibear737/status/1319390478509420545
