China International Marine Containers (Group) Co., Ltd. (“CIMC Group” or the “Group”, stock code: 000039. SZ/02039. HK) is happy to reveal the unaudited interim outcomes for the 6 months ended 30 June, 2025 (the “Reporting Period”).
The management of CIMC Group specified: “In 1H 2025, dealing with effects such as slowing worldwide financial development and tariffs, international items trade showed particular durability. Taking advantage of the varied service portfolio structure of logistics devices and services, the improved success of formerly cultivated high-end energy production companies, and the constantly enhanced financial obligation structure, while the Group, through its continually combined international operation platform structure throughout the Reporting Period, ravelled variations in single areas and attained steady and quality advancement. In the very first half, the Group attained income of RMB76.1 billion, a decline of 3.82% YoY; the gross revenue margin increased by 1.94% YoY to 12.67%; and net revenue attributable to investors was around RMB1.28 billion, a boost of 47.63%. Throughout the Reporting Period, the Group preserved its worldwide leading position in the production of basic dry containers, cooled containers, and special-purpose containers. Income from roadway transport lorries, energy/chemical/liquid food devices, logistics services, and offshore engineering organizations likewise grew progressively, keeping total functional stability. The Group’s domestic earnings represented around 51%, and abroad earnings represented roughly 49%, preserving a sound market landscape.”
Sections Results (RMB million)
1H2025 Business signs
Income
As % of the overall income
Gross earnings
As % of the gross revenue
Gross revenue margin
Net revenue
Container producing
21,735
28.57%
3,510
36.40%
16.15%
1,444
Roadway transport cars
9,753
12.82%
1,464
15.19%
15.01%
408
Energy, chemical, and liquid food devices
13,009
17.10%
1,967
20.40%
15.12%
460
Offshore Engineering
8,014
10.53%
869
9.01%
10.84%
281
Airport Facilities and Logistics Equipment, Fire Safety and Rescue Equipment
3,120
4.10%
642
6.65%
20.56%
80
Logistics services
13,579
17.85%
811
8.41%
5.97%
202
The above significant sections
69,209
91.0%
9,263
96.06%
13.38%
2,875
Core Business Performance
I. In the Logistics Field
Container Manufacturing Business: Throughout the Reporting Period, China’s container supply chain success index stayed within the flourishing zone, highlighting the durability of international products trade. According to the United Nations Conference on Trade and Development (UNCTAD), international trade volume is approximated to broaden by US$ 300 billion year-on-year in the very first half of 2025, with US$ 230 billion contributed by development in products trade. Long-lasting elements such as Red Sea detours, blockage at Eurasian ports, and more stringent guidelines on shipping carbon emissions minimized container shipping effectiveness, keeping container need at standard levels. Throughout the Reporting Period, the Group’s sales volume of dry containers reduced by 18.57% year-on-year to 1,125,900 TEUs (very same duration in 2015: 1,382,700 TEUs), primarily impacted by the high base in the exact same duration in 2015; sales of cooled containers gained from strong South American fruit exports and cold chain need, rising by 105.82% year-on-year to 92,000 TEUs (exact same duration in 2015: 44,700 TEUs). Throughout the Reporting Period, profits reached RMB21.735 billion, net revenue was RMB1.444 billion, and the gross earnings margin increased by 3.95 portion points YoY to 16.15%.
Logistics Services Business: Throughout the Reporting Period, the worldwide trade environment was intricate and unpredictable, and container shipping volume and freight rates changed. The sped up rate of Chinese business going worldwide drove development in need for detailed logistics, even more highlighting the center worth of logistics service suppliers in the supply chain. Versus this background, the Group’s logistics services service securely stuck to the advancement technique of “high quality, high effectiveness, and brand-new momentum,” accomplishing total functional stability by enhancing consumer structure, innovating service designs, enhancing danger management, and enhancing functional performance. Throughout the Reporting Period, the Group’s logistics services organization attained profits of RMB13.579 billion, a decline of 3.62% YoY; net earnings was RMB202 million, generally flat YoY. The Group’s ocean shipping department continued to enhance its path offerings and more broadened its international firm network. In spite of market changes, it surpassed target freight volumes on designated paths and was when again noted in the 2025 Top 50 Ocean Freight Forwarders chart released by the international logistics market reliable publication Transport Topic.
Roadway Transportation Vehicles Business: Throughout the Reporting Period, CIMC Vehicles attained profits of RMB9.753 billion (very same duration in 2015: RMB10.700 billion), a reduction of 8.85% YoY; net earnings was RMB408 million (very same duration in 2015: RMB574 million), a decline of 28.89% YoY. Amongst these, the brand-new energy durable truck market continued its explosive development pattern, and the semi-trailer market in Global South markets revealed a pattern of separated development along with change. In the domestic market, the “StarLink Project” and the “Rise-Up Project” accomplished outcomes, driving premium development and advancement of the domestic company. Throughout the Reporting Period, income, gross earnings margin, and sales volume in China’s semi-trailer market increased by 11%, 2.4 portion points, and 10% YoY, respectively. Its market share in China’s semi-trailer market increased to 23.07%, ranking initially in China for the 6th successive year. In abroad markets, the semi-trailer organization in the Global South continued its top quality advancement pattern, with the gross earnings margin increasing by 4.6 portion points YoY and sales volume increasing by 13.0% YOY, revealing strong success development. Efforts in the brand-new energy sector continued, with sales volumes of EV-DTB dump trucks, mixer trucks, and cooled trucks increasing by 142.55%, 86.26%, and 69.8% YoY, respectively. The high-level architecture for the pure electrical tractor and trailer item EV-RT 2.0 was finished.
Airport Facilities & & Logistics Equipment/ Fire Safety & & Rescue Equipment Business: Throughout the Reporting Period, mostly due to the release and settlement of premium orders from the previous duration throughout the Reporting Period, the Company proactively enhanced the shipment rate and effectively provided jobs such as boarding bridges for the brand-new terminals at Xi’an Xianyang International Airport and Antalya Airport in Turkey ahead of schedule. Earnings for the Reporting Period was RMB3120 million (exact same duration in 2015: RMB2403 million), a boost of 29.83% year-on-year; net revenue was RMB80 million (very same duration in 2015: RMB 37 million), a boost of 119.57% YoY. Throughout the Reporting Period, the smart unmanned docking system (the very first batch on the planet) was effectively taken into operation at Lanzhou Airport, with all 86 boarding bridges at the airport attaining unmanned operation; the abroad Ziegler service saw considerable enhancements in bid-winning rates, on-time shipment rates, and expense management. CIMC TianDa supplied automated shipment and arranging systems to consumers in the e-commerce reveal shipment market, while actively broadening into varied specific niche locations such as pharmaceuticals and fabrics. Leveraging the item benefit of expense decrease and performance enhancement, brand-new orders grew gradually.
II. In the Energy Industries Field
In the energy, chemical, and liquid food devices service, this section attained earnings of RMB13.009 billion (very same duration in 2015: RMB12.121 billion), a boost of 7.32% YoY; net earnings was RMB460 million (very same duration in 2015: RMB242 million), a boost of 90.26% YoY. Amongst these, CIMC Enric accomplished earnings of RMB12.610 billion (very same duration in 2015: RMB11.480 billion), a YoY boost of 9.9%; net revenue attributable to the Company was RMB560 million (very same duration in 2015: RMB490 million), a substantial YoY boost of 15.6%; freshly signed orders totaled up to RMB10.740 billion, and the order stockpile since completion of June was RMB29.180 billion. Particularly, the tidy energy section’s income grew progressively; need for LNG refueling stations, LNG tankers, and associated devices continued to increase; the Linggang-CIMC job was effectively built and provided; in the overseas tidy energy sector, 9 vessels were provided, 7 newbuilds were signed, and several orders for LNG and methanol power plans were protected; in the hydrogen organization, quotes were won for numerous green hydrogen ammonia tasks locally and worldwide, and numerous orders were provided to European consumers throughout the Reporting Period; the chemical and environment sector saw a downturn in need for tank containers, while the medical devices elements organization grew progressively and the after-market service advanced; the liquid food sector’s net revenue increased YoY; the brand-new plant in Mexico was totally functional throughout the Reporting Period, and the very first massive tank task was protected.
In the offshore engineering organization, in 1H 2025, petroleum costs experienced considerable volatility due to unpredictabilities in U.S. trade policies and geopolitical stress coming from the Iran-Israel and Russia-Ukraine disputes. As existing oil fields slowly diminish, the need for brand-new oil and gas resources is ending up being significantly immediate. The financial worth of deep-sea oil and gas advancement continues to grow, and offshore deep-sea oil and gas production continues to increase. In specific, massive drifting production devices, focused around FPSO/FLNG, stays in high need. Throughout the Reporting Period, the Group’s overseas engineering service tape-recorded earnings of RMB8014 million (exact same duration in 2015: RMB7784 million), a YoY boost of 2.95%; the gross earnings margin increased by 5.85 portion points YoY to 10.84%; net earnings was RMB281 million (very same duration in 2015: bottom line of RMB84 million), turning a loss into an earnings YoY. Amongst these, the core operating entity, Yantai CIMC Raffles Marine Technology Group Co., Ltd., attained a net revenue of RMB525 million, and the net revenue margin increased to 6.56%. Since completion of June, orders recently signed/won totaled up to USD 106 million (very same duration in 2015: USD 1,790 million), mostly impacted by postponed order completions. The cumulative order stockpile was USD5,550 million. Amongst these, the percentage of oil and gas orders and non-oil and gas orders was around 7:3, efficiently reducing the regular change of the oil and gas market.
In the offshore engineering possession operation company, impacted by aspects such as the effect of U.S. “mutual tariffs” on international need expectations, the greater-than-expected production boost by “OPEC+”, and the loosening up of geopolitical threat premiums, global oil business moved their tactical focus back to their core oil and gas organization and ended up being more sensible with their financial investment in low-carbon change. The international usage rate of jack-up platforms decreased considerably, and day-to-day rates were under down pressure. For mid-deepwater semi-submersible platforms, need for jobs in the North Sea and Barents Sea stayed steady, while problems associated with European energy security supported a constant increase in both usage rates and everyday rates. For ultra-deepwater semi-submersible platforms, specific deepwater advancement tasks were postponed due to changes in financial investment top priorities, leading to a small decrease in the usage rate compared to the start of the year. Throughout the Reporting Period, the Group’s mid-deepwater semi-submersible platform “Deepsea Yantai” protected a brand-new lease contract with a Norwegian oil business; the ultra-deepwater semi-submersible drilling platform “Blue Whale No. 1” signed a brand-new lease arrangement with a global customer.
Future Development and Prospects
The Group’s Management mentioned: “CIMC will base itself on the new development stage, closely follow national policy guidance, deepen the implementation of the strategic theme of ‘accelerating the construction of new growth drivers and focusing on promoting high-quality development’, coordinate the reasonable growth of ‘quantity’ and the effective improvement of ‘quality’, and strive to ‘become a high-quality and respected world-class enterprise’.”
I. In the Logistics Field
In the container production company, according to the report provided by CLARKSONS in June 2025, international container trade volume is anticipated to see a development of 2.5% in 2025. The unpredictability surrounding U.S. tariff policies will continue to sustain issues about worldwide financial development, which in turn will affect the need for containers in the worldwide container shipping market in the short-term. Owing to the need for extra containers brought about by these unpredictable occasions in the container transport market and the steady replacement rate of old containers, the need for brand-new containers is still anticipated to be underpinned by steady basics in 2025.
In the roadway transport lorries organization, as tariff policies and the outcomes of anti-dumping and anti-subsidy examinations settle, combined with the standard peak season in the 3rd quarter, the North American semi-trailer organization is anticipated to see a weak healing; the European semi-trailer organization will keep its strength in the middle of a “weak healing” market environment. In 2H 2025, CIMC Vehicles will progress its “global operation” into a “borderless business” design, continue to reinforce its tactical existence in Southeast Asia and Africa, and develop local service groups for the Global South market; locally, it will continue to concentrate on brand-new energy, accelerate its improvement to end up being a “full-value-chain” operator of StarLink semi-trailers, and more boost its market share.
II. In the Energy Industries Field
In the energy, chemical, and liquid food devices company, shell anticipates that both need for and supply of LNG will continue to grow after 2030, with the marketplace share of LNG in overall international gas need increasing from roughly 14% in 2024 to around 25% by 2050, especially in the Asian market. The International Energy Agency (IEA)’s “Gas Market Report Q3-2025” anticipates that international gas usage will reach a record high in 2026, with gas need in Asia in specific forecasted to grow by over 4% and LNG imports anticipated to increase by around 10%. CIMC Enric will continue to advance the duplication and application of tactical tidy alternative fuel jobs, such as coke oven gas to hydrogen co-production LNG and biomass-based green methanol, to cultivate brand-new efficiency development points.
In the offshore engineering service: The FPSO market reveals a high certainty of need in the short-term, underpinned by a significant reserve of long-lasting jobs. Market need is anticipated to stay robust over the next 5 years, with significant tasks focused in South America and Africa and primary home builders in China and Singapore. In the 2nd half of the year, the Group’s overseas engineering organization will securely advance its tactical vision, focusing on its recognized line of product to combine competitive benefits and magnify its successes. The 3 significant service lines will continue to break brand-new ground, with overseas oil and gas as the structure, slowly broadening to brand-new energy sources to form a company portfolio that waters down the effects of the commercial cycle.
III. In the Finance and Asset Management Field
In the offshore engineering possession operation and management organization of CIMC, in 2H 2025, oil costs are anticipated to stay unpredictable and under pressure, affected by continuous tariff changes, modifications in “OPEC+” policies, and geopolitical unpredictabilities, as anticipated by various organizations and financial investment banks. International oil and gas financial investment is forecasted to show structural shifts as “increased deepwater financial investment, lessened shale and counter-cyclical in nationwide oil business”. Daily rates for mid-to-deepwater overseas drilling platforms are expected to stay steady. The Group will abide by an operating method of “preserving steady operations, promoting possession turnover and broadening market reach”, guaranteeing the safe and smooth operation of rented properties while proactively protecting lease renewals, speeding up the disposal of jack-up and lodging platform possessions, and advancing the marketing of mid-to-deepwater and ultra-deepwater platforms to combine its leading position in the international overseas engineering market.
About China International Marine Containers (Group) Co., Ltd.
The CIMC Group is a world-leading devices and service company in the logistics and energy markets, and its market cluster primarily covers logistics and energy fields, reinforcing its position as an international market leader. In the logistics field, the Group still follows taking container production service as its core company, based upon which to establish roadway transport automobiles organization, airport centers and logistics equipment/fire security and rescue devices company and to a lower degree, logistics services organization and recycled load organization offering services and products in expert field of logistics; in the energy field, the Group is mainly taken part in energy/chemical/liquid food devices organization and offshore engineering organization; on the other hand, the Group likewise constantly establishes emerging markets and has financing and possession management service that serves the Group itself. As a varied international commercial group that shoulders the objective of worldwide serving, CIMC owns an overall of 4 noted business and over 300 member business in Asia, North America, Europe, Australia, and others, and comprehensive clients and sales networks covering more than 100 nations and areas. In 2024, the Group tape-recorded an earnings of RMB177.664 billion, with gross earnings margin staying at 12.52% and net revenue of RMB4.195 billion. The Group was ranked 154th in the Fortune 500 China 2025. To find out more, please check out http://www.cimc.com/.
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