China National Aviation Fuel Group
Corporate brand
UnclaimedChina National Aviation Fuel Group is a Chinese state-owned enterprise involved in aviation-fuel supply and related logistics and petroleum operations.
Last updated October 9, 2026
Overview
China National Aviation Fuel Group Corporation, commonly associated with the abbreviation CNAF, is a Chinese state-owned enterprise focused on the aviation-fuel supply chain. Its principal operating position is represented by its 51% ownership of China National Aviation Fuel Supply Co., Ltd., a major supplier of jet fuel in China. Through this structure, the group participates in the procurement, storage, transportation, distribution, and supply of aviation fuel to the civil-aviation sector, although the available reference material does not provide a complete description of its current nationwide operations or customer base. The group adopted its current name on 11 October 2002. A significant organizational development followed on 22 September 2005, when China National Aviation Fuel Supply was incorporated as a limited-liability company under China's Companies Law. Sinopec and PetroChina held minority interests in that subsidiary; both are major Chinese petroleum companies associated with the state-owned energy sector. The ownership arrangement placed the aviation-fuel supply business within a broader state-linked petroleum and infrastructure network while giving CNAF a controlling 51% stake. The group also has interests in aviation-fuel logistics, land-based petroleum activities, and China Aviation Oil. The cited 2013 subsidiary information identifies China National Aviation Fuel Supply as 51% owned, China National Aviation Fuel Land Petroleum and China National Aviation Fuel Logistic as wholly owned subsidiaries, and China Aviation Oil as 50.88% owned. Separately, the group or its relevant subsidiary had a 2.08% investment in Haikou Meilan International Airport as of October 2016 and an investment in the Shenzhen Petrochemical Exchange. These holdings indicate that the organization has operated beyond fuel sales alone, with links to airport infrastructure, logistics, and petroleum-market services. CNAF's history also includes a major corporate controversy connected with its Singapore-listed subsidiary, China Aviation Oil. The group recorded a controversial net loss in 2004, and Chen Jiulin, who was president of the Singapore-listed subsidiary, was arrested in connection with that episode. The available material does not provide enough detail to characterize all legal findings, accounting circumstances, or subsequent governance measures, but the event remains the most prominent adverse incident associated with the group in the cited history. In 2016, China National Aviation Fuel Group was listed at number 484 in the Fortune Global 500 ranking. The ranking provides evidence of the group's scale at that time, but no current revenue, workforce, valuation, or market-share figures are established by the supplied references. CNAF should therefore be understood primarily as a state-owned Chinese aviation-fuel and petroleum-logistics group whose central business is the supply of jet fuel through its controlled operating company.
History
China National Aviation Fuel Group is a Chinese state-owned aviation-fuel enterprise. The organization took its current name on 11 October 2002, marking the formal identity under which it became associated with the national aviation-fuel supply system. The available reference does not specify an original founding date or founding individuals. On 22 September 2005, China National Aviation Fuel Supply was incorporated as a limited-liability company under China's Companies Law. China National Aviation Fuel Group retained a 51% stake, while Sinopec and PetroChina held minority interests. The subsidiary became the group's principal operating vehicle in aviation-fuel supply and is described as one of China's largest jet-fuel suppliers. The ownership structure connected the aviation-fuel business with two large state-linked petroleum groups while preserving CNAF's controlling position. The group's disclosed subsidiary structure as of 31 December 2013 included China National Aviation Fuel Supply at 51%, China National Aviation Fuel Land Petroleum at 100%, China National Aviation Fuel Logistic at 100%, and China Aviation Oil at 50.88%. These interests indicate a business portfolio spanning aviation-fuel supply, logistics, land petroleum operations, and an overseas-listed aviation-oil affiliate. As of October 2016, the group's relevant investment information also identified a 2.08% holding in Haikou Meilan International Airport and an investment in the Shenzhen Petrochemical Exchange. CNAF's history includes a serious controversy in 2004. The group recorded a disputed net loss, and Chen Jiulin, president of the Singapore-listed China Aviation Oil subsidiary, was arrested in relation to the matter. The supplied reference does not establish the complete legal outcome, detailed causes, or subsequent corporate reforms, so those aspects remain undocumented here. The group's scale was recognized in the 2016 Fortune Global 500 ranking, where it was placed 484th. The available material does not provide current operating or financial data, but identifies CNAF as a major Chinese aviation-fuel supplier and a state-owned enterprise with interests across aviation fuel, petroleum logistics, and related infrastructure.
- 2016
Fortune Global 500 ranking
[1]China National Aviation Fuel Group ranked 484th in the 2016 Fortune Global 500 list.
- 2013
Reported subsidiary ownership structure
[1]The reported structure included majority ownership of China National Aviation Fuel Supply, full ownership of two fuel and logistics subsidiaries, and a 50.88% interest in China Aviation Oil.
- 2005
China National Aviation Fuel Supply incorporated
[1]The group's principal aviation-fuel subsidiary was incorporated as a limited-liability company on 22 September 2005.
- 2004
Controversial net loss and subsidiary executive arrest
[1]A controversial net loss was associated with the group, and China Aviation Oil president Chen Jiulin was arrested in connection with the episode.
- 2002
Adoption of the China National Aviation Fuel Group name
[1]The organization adopted its current group name on 11 October 2002.
Products and positioning
A state-owned Chinese aviation-fuel infrastructure and supply-group platform serving the domestic aviation sector.
Aviation fuel
Jet fuel
Jet fuel is the group's central operating product, supplied through China National Aviation Fuel Supply to support the domestic aviation sector. The available reference identifies the subsidiary as one of China's largest jet-fuel suppliers but does not specify individual fuel grades, brands, or customer contracts.
Fuel logistics
Aviation-fuel logistics
The group maintains a dedicated aviation-fuel logistics subsidiary, China National Aviation Fuel Logistic. The cited ownership information identifies it as wholly owned by the group, but does not detail its facilities, transportation modes, or geographic coverage.
Petroleum products and services
Land petroleum operations
China National Aviation Fuel Land Petroleum is identified as a wholly owned subsidiary. The available material indicates a land-based petroleum business but does not provide a detailed product catalogue or description of its end markets.
Controversies
2004
China Aviation Oil loss controversy
The group experienced a controversial net loss in 2004 connected with China Aviation Oil, its Singapore-listed subsidiary. Chen Jiulin, the subsidiary's president, was arrested in connection with the episode. The supplied reference does not establish the complete legal findings or later remediation.
Brand decisions
2005
Created a limited-liability aviation-fuel supply subsidiaryStrategyBackground
The group sought a formal corporate vehicle for its aviation-fuel supply activities.
Action taken
Incorporated China National Aviation Fuel Supply under China's Companies Law, with CNAF holding 51% and Sinopec and PetroChina holding minority interests.
Aftermath
The subsidiary became the group's principal controlled aviation-fuel supplier.
2002
Formalized the group identity under the CNAF nameStrategyBackground
The organization changed to its current China National Aviation Fuel Group name on 11 October 2002.
Action taken
Adopted the present group name.
Aftermath
The name became the identity associated with the group's aviation-fuel and related petroleum activities.
Recent events
- 2016
CNAF appears in the Fortune Global 500[1]
Other
China National Aviation Fuel Group was ranked 484th in the Fortune Global 500 list for 2016.
- 2005
China National Aviation Fuel Supply is incorporated[1]
Other
China National Aviation Fuel Supply was established as a limited-liability company under China's Companies Law, with CNAF holding the controlling interest and Sinopec and PetroChina identified as minority shareholders.
- 2002
China National Aviation Fuel Group adopts its current name[1]
Other
The group received the name China National Aviation Fuel Group on 11 October 2002.
Sources1 sources
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