On the evening of April 27, CIMC Group (hereinafter referred to as "CIMC", stock code: 000039.SZ\2039.HK) officially released the company's performance report for the first quarter of 2021. To

According to the report, CIMC achieved operating income of RMB 28.864 billion in the first quarter, a year-on-year increase of 82.08%; realized net profit attributable to shareholders of the parent company and other equity holders (hereinafter referred to as "net profit attributable to the parent") of RMB 1.507 billion. It achieved a year-on-year turnaround from losses to profits, an increase of 334.99% year-on-year, marking the best start in CIMC's history. To

Behind this set of data are the helplessness during the sudden outbreak of the epidemic last spring, the decision of some companies to announce that they have entered a special period, CIMC's stable business capabilities spanning 40 years, and CIMC's tenacity that is getting stronger and stronger. Of course, there is also today's bumper harvest. Joy. To

All these achievements have benefited from the background of the national success in fighting the epidemic and the continuous stable prevention and control of the epidemic. The good performance of CIMC is also a microcosm and representative of Chinese enterprises. To

CIMC's container yard

The economic recovery pushes up the demand for international trade and drives the volume and price of containers to rise

In the first quarter of 2021, although the new crown pneumonia epidemic is still spreading around the world, with the support of the vaccination plan and the European and American economic relief plans, the global economy has accelerated its recovery trend, international trade has maintained a high degree of prosperity, and China’s economy has a good start. The demand for containers continues to be high. The IMF released the latest "World Economic Outlook Report", which predicts that the global GDP growth rate in 2021 will be 6%. The data released by the National Bureau of Statistics on April 16 showed that China's GDP in the first quarter increased by 18.3% year-on-year
Recently, the China Export Container Freight Index CCFI and China Import Container Freight Index CICFI have set new highs one after another. Among them, the slope of CCFI's year-to-date climbing curve can be described as "steep". To

In the first quarter, the cumulative sales of CIMC dry cargo containers were 450,800 TEU, an increase of approximately 174.04% year-on-year; the cumulative sales of reefer containers were 45,900 TEU, an increase of approximately 82.14% year-on-year. The huge trade demand has driven the sales and revenue of CIMC's container manufacturing business to rise sharply. To

Some analysts believe that in the current global trade recovery and economic recovery, a new round of shipping cycle may start. From the perspective of the supply and demand of containers, no matter from the short, medium and long term perspective, it indicates that the container boom cycle has come, which will prompt the cyclical stock characteristics of CIMC to be quickly revealed. The performance expectations for the first quarter indicate that the cyclical container industry and container price fluctuations have great flexibility in improving CIMC’s performance. To
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CIMC's road transportation vehicle business revenue will increase significantly in the first quarter of 2021

Diversified business layout still shows advantages, and the main business in the logistics field has grown significantly
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In the past, the relevant diversified business and international advantages of CIMC Group have continuously led CIMC to successfully realize the cycle through. And CIMC's diversification is not only an umbrella that shelters the wind and rain in a rainstorm, but also a sail that helps CIMC ride the wind and waves after the storm. To

The report shows that in the first quarter of 2021, not only will CIMC's container business have grown substantially, but the company's road transport vehicle business, energy/chemical/liquid food business, etc. have a full order on hand, and all businesses have been carried out smoothly. To

Among them, the operating income of CIMC's road transportation vehicle business has increased significantly in the first quarter of 2021. The domestic market demand is strong, and the sales and income of CIMC related vehicle products have steadily increased. At the same time, sales of semi-trailers in overseas markets rebounded significantly. The production and manufacturing plant of refrigerated semi-trailers in Monen, USA and the assembly plant of refrigerated semi-trailers in Sarnia, Canada have been put into operation smoothly, further optimizing the production layout of CIMC's road transport vehicle business in overseas markets. To

In the first quarter, airports around the world actively carried out various renovation, replacement and maintenance projects to welcome the long-lost passenger wave, which led to new orders for CIMC Airport, fire rescue equipment and automated logistics systems. CIMC's fire and rescue equipment business has further promoted integrated sales, and its leading position in the domestic market has continued to consolidate. The rapid recovery of the domestic e-commerce industry in the first quarter also promoted significant growth in the revenue of CIMC's automated logistics system business. To

As the global economic recovery is gaining momentum and the logistics industry is picking up significantly, CIMC Logistics Services has shown a positive growth trend in its business volume and operating income in the first quarter of 2021. Based on the domestic market, CIMC's unit vehicle business vigorously expands the leasing and operation business of commodities, new energy, fresh agricultural products and other industries, and has reached cooperation with a number of strategic customers. To

CIMC Enric signed a new order of RMB 3.9 billion in the first quarter, a year-on-year increase of 39%

The energy industry has full business orders to increase the future of clean energy investment
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In the energy industry, in the first quarter of 2021, the clean energy, chemical environment and liquid food businesses of CIMC Enric (the main business entity of CIMC's energy, chemical and liquid food business) have achieved significant year-on-year growth, and overseas business income has increased year-on-year The increase is greater. In the first quarter of 2021, new orders were signed at RMB 3.9 billion, a year-on-year increase of 39%. As of the end of March 2021, CIMC Enric's overall orders in hand were approximately RMB 11.6 billion, a year-on-year increase of 17%. To

Among them, on March 2, 2021, CIMC Hydrogen Technology Co., Ltd., a wholly-owned subsidiary of CIMC, reached a joint venture agreement with Hexagon Purus HK HoldcoAS to localize the world's leading four-type vehicle-mounted hydrogen storage bottle. The establishment of the CIMC Hydrogen Energy Joint Venture Company is highly in line with the national low-carbon goals of "carbon peak" and "carbon neutrality", and has won high attention from the market. To

In terms of offshore engineering business, in the first quarter of 2021, CIMC's offshore engineering business has signed new orders totaling 320 million U.S. dollars, with a total of 1 billion U.S. dollars in hand-held orders. Among these orders, non-oil and gas orders accounted for more than 82%, including the signing of a charter contract with Huadian Heavy Industry Co., Ltd. on the use of semi-submersible lifting life support platforms for offshore wind power installations, and the use of jack-up drilling rigs. Signed a cooperation agreement for the wind power installation platform. These indicate that CIMC Offshore has officially entered the offshore wind power installation business, and will use this as an opportunity to further expand new business and establish an anti-cyclical business layout in the marine energy field, thereby promoting the revitalization of existing assets and the increase in operating income. To

These measures and achievements all show that CIMC continues to dig deeper into the energy industry, and is continuing to increase its deployment of clean energy, and is the first to "stick" in this future-related competition. To

CIMC Modular Building delivers multiple projects with high efficiency and high quality

Finance helps manufacturing, innovative business success reports frequently

In the first quarter of 2021, CIMC Finance Co., Ltd. has invested more than RMB 2.25 billion in new financial investments, which effectively promoted the efficiency and effectiveness of the group's capital management and provided financial assistance to related enterprises. To

CIMC Financial Leasing Co., Ltd. adheres to the strategic positioning of "industry-finance synergy", further strengthens the business synergy and financial synergy of the group's manufacturing industry sector, assists the development of the group's manufacturing sector business, and actively cooperates with the group's strategic emerging industries such as modular vehicles and cold chains. The sector coordinated to promote innovative leasing models. To

With the continued improvement of the economic environment, coupled with the assistance of finance, CIMC's innovative companies have also reported frequent successes.

In the first quarter, CIMC actively responded to the 2021 No. 1 Central Document "Opinions of the Central Committee of the Communist Party of China and the State Council on Comprehensively Promoting Rural Revitalization and Accelerating Agricultural and Rural Modernization". CIMC's cold chain business accelerated the implementation of cold chain logistics for agricultural products storage and preservation with modular mobile cold storage. Construction, rapid deployment of cold chain front warehouses for community group purchases, a total of 23,000 square meters in 65 cities across the country. To

CIMC's cross-border cold chain logistics business has developed rapidly, and it has established market influence, brand effect and advantages in capacity and equipment in terms of fresh food imports in Southeast Asia. To

CIMC Lengyun (Beijing) Supply Chain Management Co., Ltd. was selected as one of the "first batch of 28 key contact enterprises for COVID-19 vaccine transportation announced by the Ministry of Transport". In the first quarter of 2021, it will complete more than 50 domestic transportation of COVID-19 vaccine and escort Chinese vaccines safely and efficiently. Arrived in many countries. To

CIMC Modular Building completed the first phase of the 1.5-level enterprise port project in Haikou Jiangdong New District in only 70 days, which once again refreshed the speed of CIMC's modular construction. The “Xinhui Emergency Centralized Isolation Point” project is a representative EPCM project of CIMC Modularization in China, that is, a construction organization and management mode that integrates scheme design, procurement, module manufacturing and on-site civil foundation construction. The efficient and high-quality delivery of these projects has won high praise and recognition from the local government and citizens. To
(Shenzhen News Broadcasting reporter Guo Chao, correspondent Huang Siling)