[Group News] CIMC's First Half Revenue of 60.6 Billion Focuses on Sustainable and Qualitative Growth

[Group News] CIMC's First Half Revenue of 60.6 Billion Focuses on Sustainable and Qualitative Growth

August 30, 2023

On the evening of August 29,CIMC Officially Releases 2023 Semi-annual Performance Report。The report shows,CIMC's operating income in the first half of the year reached 605.7.4 billion yuan(RMB,Same as below),Net profit of 9.900 million yuan,Net profit after deduction of non-attributable profits amounted to approximately 9..7.7 billion yuan。 1- June ,The world economy is slowing down.、Global inflation continues and other factors are intertwined.,In the country“Double loop”Under the new development pattern,CIMC relies on a diversified business strategy and a multi-dimensional global operation platform for industrial clusters.,Focus on sustainable and qualitative growth,Precise measures、Revere the market、Go against the trend,Take practical actions to hand over a satisfactory answer to shareholders.,Strong enterprise resilience and strategic strength.。 

Insist on taking the equipment manufacturing industry as the core, the new and old logistics tracks go hand in hand.
CIMC is the world's leading supplier of equipment and solutions for the logistics and energy industries.,The industrial cluster mainly covers the fields of logistics and energy industry.。First half,In the field of logistics,CIMC uses containers、Road transport vehicles、Airport and logistics equipment business is the main manufacturing industry.,It is also engaged in logistics service business and recycling vehicle business.,Provide products and services in the field of logistics.。

CIMC's container business has been leading the world in production and sales since 1996.,Products throughout North America、Europe、Asia and other major global logistics systems。Affected by the slowdown in the growth of global merchandise trade、Weak market demand for freight collection、Impact of low demand for new containers,First half,The production and sales volume of CIMC's container manufacturing business dropped significantly year on year.。However,Benefit from better cost management,The Group's container manufacturing business maintained a stable level of profitability.。The report shows,1- June ,The container manufacturing business of CIMC achieved operating income of 136.6.8 billion yuan,Net profit 7.6.8 billion yuan。 In the field of road transport vehicle business,CIMC Vehicle is in the new development stage of the third venture.,The performance is overwhelming、Climb the peak again,Net profit is the highest in the same period.,A milestone breakthrough has been achieved。The report shows,1- June ,CIMC Vehicle Achieves Revenue 134.700 million yuan,Year-on-year increase of 20.31%;Realized a net profit of 18.9.2 billion yuan,Substantial year-on-year growth of 410.91%。 

In the airport and logistics equipment、Fire and Rescue Equipment Business Area,As the airport equipment orders are more concentrated in the second half of the delivery.,The business 1-June's operating income and net profit fell from the same period last year.。At present,Each business of CIMC Tianda has developed steadily.,More resources will be invested in high-end technology research and development in the second half of the year.,Strive to develop more excellent products,Cooperate with excellent service team,Maintain a leading position in the industry,And open up a broader market space。 In the field of logistics service business,CIMC Shilianda Relies on Global Network Layout,Build“Jiang、 Sea 、Lu、Iron、Empty”Integrated Multimodal Transport Product Matrix,Continuous exploration to provide customers with efficiency、Low carbon、Visual Logistics Service。In August 2023, CIMC World Union Da won the selection of China Federation of Logistics and Purchasing again.“2023 Top 50 Logistics Enterprises in China”。The report shows,1- June ,CIMC Logistics Service Business Achieved Revenue of 91.3.2 billion yuan,The freight volume of freight collection and railway has increased.,However, in the same period, factors such as low freight rates in the sea and air transport markets led to a decline in performance.。 In the field of cyclic vehicle business,1- June ,Recycling vehicle business achieved operating income of 14.2.8 billion yuan;In terms of new industry expansion,Recycling packaging R & D and manufacturing business grew well in the new energy battery industry.,It has successively won the bid for the vehicle manufacturing of the leading express delivery enterprise and the power battery recycling packaging business of the new energy head enterprise.,The finished product will be delivered in the second half of the year.。 
Grab“Tuyere”The layout of the ocean、New Opportunities for Land Energy Incubation
First half,In the field of energy,CIMC focuses on energy equipment、Chemical equipment、Liquid food equipment、Marine engineering and other major tracks,At the same time, we will continue to increase investment in new energy sources.,Yes, hydrogen energy、Offshore PV、Key equipment such as offshore wind power and energy storage has been laid out in an all-round way.。

 

Marine energy,First half,The global ship and marine engineering market environment continues to improve.:Ship orders increased significantly over the same period last year.,Shipyards face capacity constraints,There is a bottleneck in dry dock resources.;The international oil price is at a high level,There is still a promoting effect on the oil and gas production platform.,The continuous growth of marine operation activities has promoted the continuous increase in the utilization rate and rent of marine engineering equipment.,Marine engineering equipment market continues to recover。 The report shows,With the new orders of marine engineering, it has entered the construction period one after another.,1- June ,The offshore engineering business of CIMC achieved an operating income of 4.1 billion yuan.,Year-on-year growth of 60.41%。 Construction and delivery of marine projects,January,PCTCThe third car carrier of the series was officially launched in Longkou Zhongji Raffles.; February ,For Singapore Keppel(Petroleo BrasileiroP80 Project General Contractor)ConstructedP80 FPSOThe main hull project started; March ,The delivery of the No.005 cage constructed by Jinghai was successfully completed.,At present, 8 deep-sea cages have been put into use.; April ,China's Second Offshore Mobile Self-installed Wellhead Platform Successfully Completed Station Pile Delivery in South China Sea; May ,PCTCCommissioning of the first system of the series of automobile transport ships officially started; June ,China Railway Construction Corporation Jack-up Wind Power Installation Platform and Huaxia Rent 1500-ton Self-propelled Jack-up Wind Power Installation Platform Held Keel Laying Ceremony at Haiyang Base。 

Terrestrial energy,1- June ,CIMC Energy、Chemical and liquid food equipment business achieved operating income of 113.8.8 billion yuan,Year-on-year increase of 18.69%;Net profit 4.3.5 billion yuan,Year-on-year decline of 7.02%。Among,CIMC Enric, the main operating enterprise, achieved an operating income of 107.600 million yuan,Year-on-year growth of 20.2%。Let's look at it separately.,Revenue from its clean energy business has returned to growth.,Realized operating income 62.900 million yuan,Year-on-year growth of 34.4%。 First half,CIMC Enric further strengthens hydrogen business“Additional use for manufacture, storage and transportation”Whole industry chain layout and integrated service capability,Successfully offline 1200Nm³/hAlkaline electrolyzer、40-foot liquid hydrogen tank、390 litersⅢCar-mounted hydrogen storage bottle、45MPaDiaphragm compressor and other core equipment,Established its leading position in the field of hydrogen energy in China.。 Benefiting from the accelerated landing of the green hydrogen project to drive the hydrogen storage spherical tank、Demand for storage and transportation equipment such as tube bundle vehicles,And terminal application field.ⅢThe sales of vehicle-mounted hydrogen storage bottles and hydrogen supply systems are good.,1- June ,Enric's hydrogen related business recorded a revenue of 2..700 million yuan,Year-on-year growth of 59.1%。 

Cold chain equipment、Energy Storage Technology Concentrates on Cross-border Innovation to Open up a New Blue Ocean
First half,While focusing on the main business,CIMC“Pioneering and innovative”Core values,Insisting that science and technology are the primary productive force,Equipped with cold chain、Energy storage technology、Innovative businesses such as modular buildings are the new momentum of the group's high-quality development.。 Cold chain business,1- June ,The cold chain business of CIMC continues to consolidate its core advantages in the field of cold chain equipment manufacturing.,Further strengthen the pharmaceutical cold chain、Strategic layout of fresh food supply chain and other aspects。In terms of refrigerators,Enlarge the planting box、Industry layout of special cold box for aviation box and other equipment integration。Pharmaceutical cold chain,CIMC Lengyun relies on the industry's unique“Produce+Grind+Yun”Structured advantage,With professional cold chain transportation services and industry influence.“Ten Key Enterprises of Cold Chain Transportation of Medical Devices in China in 2023”Number one on the list。Fresh food supply chain,Guangxi Supply and Marketing CIMC Cold Chain Co., Ltd., a joint venture between CIMC Cold Chain and Guangxi Supply and Marketing, was officially put into operation.,Both sides will give full play to their respective advantages.,Around“Cold chain”And“Rural revitalization”Strategic and operational engagement,Build high-speed rail cold chain backbone network。 

Energy storage technology business,1- June ,With the outbreak of terminal demand in the global energy storage industry,Benefiting from the vigorous support of the domestic storage policy,The scale of CIMC's energy storage business continued to grow steadily.,At present, the scale of orders in hand amounts to more than one billion yuan.。In terms of energy storage equipment integration services,As always, CIMC concentrates all kinds of superior resources.,Further deepen the comprehensive cooperation with domestic and foreign industry giants,CIMC's unique production capacity of large-scale industrial equipment、Automatic production of key equipment、All-green factory energy consumption control system、Based on the capability of production logistics integration and coordination scheme,R & D and design from the box、Integrated production line input、Quality system transformation、The whole process service and other aspects provide equipment manufacturing solutions for industry customers.。 Modular Construction Business,CIMC is customer-centric、Take technology as the lead、Innovation-driven,Provide for customers“ Consultation 、Design、Manufacture、Construction and delivery”One stop、Diversified integrated solutions for industrial finished buildings。The report shows,1- June ,The revenue of CIMC's modular construction business increased by 64% over the same period last year%,New signed orders approx. 4.700 million,Among,New contracts signed in Hong Kong market exceed 200 million yuan,Hong Kong Legislative Council Complex、The construction of key projects and major projects such as Baoyi Road Transitional Housing and Qide Mu'an Street Transitional Housing has been promoted in an orderly manner.,The Hong Kong market was further consolidated.,Product technology and quality are highly recognized by customers.。 

AGVParking business,1- June ,CIMCAGVParking business focuses on promoting double-deckAGVR & D and upgrading of parking products,Through product innovation and development,Improve market competitiveness。At present,The double layer of Zhongji Internet of ThingsAGVParking robots will soon be widely used in airports.、Port、 Hospital 、Industrial parks and other fields,Through the Internet of Things、Big data、Integrated application of automatic driving and other technologies,Realize intelligent parking、Visualization of vehicle management and efficient operation。Futian Xiasha Intelligent Bus Garage has been put into operation in February this year.,This project is the first demonstration project of three-dimensional parking lot for new energy buses in Shenzhen.,This is also the largest intelligent three-dimensional garage for new energy buses in China.。

Overseas business expansion has achieved remarkable results, highlighting the advantages of global operation.

The report shows,1- June ,CIMC's domestic operating income accounted for about 51 percent.61%,Foreign business income accounts for about 48 percent.39%,Compared with the same period last year,The proportion is basically the same,Maintain a better market layout。

“Global operations,Local wisdom”。First half,CIMC aims to enhance its competitive advantage,Integrate resources globally,Realize the market and production、Global layout of R & D;At the same time,Flexible use of localized market strategy,Hire a localization management team whenever possible,Carry out the globalization strategy in an all-round way。 At present,CIMC's R & D centers and manufacturing bases are located in nearly 20 countries and regions around the world.,There are more than 30 overseas entities.,In Germany、Beauty、Ying、Australia and other developed countries have their own enterprises and production bases.。 

From the beginning, the products were sold all over the world.,CIMC has gradually established a large-scale global operation system based on China's advantages.,Integrate global resources for our own use,Become a model for the global development of Chinese enterprises。As a large multinational group with global operation capability,,CIMC will continue to lead“Made in China”Through changes in regional endowments and factor costs,Protection against unknown risks,Maintaining the Global Competitiveness of China's Economy。

Strive to Build a Stable and Far-reaching Anti-cyclical Business Portfolio、Built to last

From land to sea,From Logistics Equipment to Energy Equipment,From manufacturing to service,CIMC is committed to improving the efficiency of the world's logistics and energy operations.,Positive Change and Independent Innovation,Win market respect with champion products,Let Made in China Win the Respect of the World。

According to the industry's leading analyst, Delury(Drewry)Newly released《2023/Annual Report of Container Equipment Survey and Leasing Market in 2024》 Presentation ,CIMC Standard Dry Cargo Container、Refrigerator、The output of special containers has remained the first in the world.;According to the International Tank Container Association《Survey on Global Tank Container Market Size in 2023》,CIMC's output of tank containers remains the world's first.;According toGlobal TrailerPublished by the magazine《2022 GlobalOEMRanking list》,CIMC Vehicle, a subsidiary of CIMC, is the number one semi-trailer manufacturer in the world.;CIMC Tianda, a subsidiary of CIMC, is one of the main suppliers of boarding bridges in the world.;At the same time,CIMC is also one of the high-end offshore engineering equipment enterprises in China.。 Around the national strategy,Combining with the development trend of the industry and the actual development of the group,The future development vision of CIMC is:“Build CIMC into a high-quality、A respected world-class company”,Strengthen, optimize and expand its logistics and energy equipment industry,There is a need in the market、There are shortcomings in the industry、CIMC has the ability to expand strategic emerging business in the field.,Build an anti-cycle、Profitability enhancing business portfolio,Steady and far-reaching、Built to last。 CIMC will continue to deepen integration“Logistics、Energy equipment manufacturing+Service”The advantage of,Focus on consolidating the position of industry leader,Promote the consolidation and improvement of the Group's overall performance in the future。On the one hand,CIMC will continue to consolidate the main business of equipment manufacturing,Integrating upstream and downstream industrial chain resources,Provide more integrated services,And accelerate the promotion of green products、Digitize、Intelligent transformation and upgrading,Product leadership through technology innovation;On the other hand,CIMC will adhere to the guidance of national development strategy.,Grab“Intelligent logistics”、“Clean Energy”Historic window of opportunity,Broaden the connotation of the existing dominant main industries,Around“Cold chain”、“Clean Energy”、“Lucid waters and lush mountains”、“Rural revitalization”Four Strategic Themes,Building Core Competitiveness of Emerging Business。

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