China International Marine Containers (Group) Co., Ltd (CIMC; ) is a Chinese company principally engaged in the manufacture and sale of

transportation Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land ( rail and road), water, cable, pipelin ...

equipment, such as

containers A container is any receptacle or enclosure for holding a product used in storage, packaging, and transportation, including shipping. Things kept inside of a container are protected on several sides by being inside of its structure. The ter ...

, road transport vehicles and airport ground-handling equipment. China International Marine Containers was a constituent of

SZSE 100 Index SZSE 100 Index are indice of Shenzhen Stock Exchange. It consists of SZSE 100 Price Index () and SZSE 100 Return Index (), using the same constituents but different methodology. Despite it was intended as the blue-chip index of Shenzhen Stock Exc ...

, but was removed in January 2017. , it is one of the 200 components of

SZSE 200 Index SZSE 200 Index are indice of Shenzhen Stock Exchange. It consists of SZSE 200 Price Index () and SZSE 200 Return Index (), using the same constituents but different methodology. It was a sub-index of SZSE 300 Index, which consists of all constitu ...

(the mid cap index of 101st to 300th companies).

Corporate History

CIMC was incorporated in Shenzhen as a joint venture on 14 January 1980 as China International Marine Containers Co., Ltd. (). After being restructured as a joint stock limited company in December 1992, and publicly offered A shares and B shares which were listed on the Shenzhen Stock Exchange in 1994, CIMC adopted its current name in 1995. Vanguard National Trailer Corp., CIMC's US subsidiary, acquired Monon in 2003.

Business Operations

Its container department produces dry

freight Cargo consists of bulk goods conveyed by water, air, or land. In economics, freight is cargo that is transported at a freight rate for commercial gain. ''Cargo'' was originally a shipload but now covers all types of freight, including tran ...

containers,

refrigerated The term refrigeration refers to the process of removing heat from an enclosed space or substance for the purpose of lowering the temperature.International Dictionary of Refrigeration, http://dictionary.iifiir.org/search.phpASHRAE Terminology, ht ...

containers, special containers and other containers. CIMC also offers road transport vehicles, including

logistics Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of ...

vehicles, tanker trailers and construction vehicles. In addition, the Company designs and manufactures passenger boarding bridges and

cargo Cargo consists of bulk goods conveyed by water, air, or land. In economics, freight is cargo that is transported at a freight rate for commercial gain. ''Cargo'' was originally a shipload but now covers all types of freight, including tra ...

handling systems for airports. Based in

Shenzhen Shenzhen (; ; ; ), also historically known as Sham Chun, is a major sub-provincial city and one of the special economic zones of China. The city is located on the east bank of the Pearl River estuary on the central coast of southern provi ...

Guangdong Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020 ...

Province, CIMC is also engaged in the

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more genera ...

industry through its

subsidiaries A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sa ...

. With over 40% market share in the international container business and 56% market share in the dry marine container market, CIMC has been the biggest container-manufacturing company in the world since 1996. It has 12 production bases lay out in South, East and North of China, with products ranging from dry van, reefer, tank and other special containers. The customers include leading shipping companies and container leasing companies. It owns

Yantai CIMC Raffles Shipyard Yantai CIMC Raffles Shipyard () is a shipbuilding company in Yantai, Shandong Province, People's Republic of China. The shipyard is one of three operated by CIMC Raffles Offshore Ltd. Yantai Raffles specializes in offshore and marine fabrica ...

Yantai Yantai, formerly known as Chefoo, is a coastal prefecture-level city on the Shandong Peninsula in northeastern Shandong province of People's Republic of China. Lying on the southern coast of the Bohai Strait, Yantai borders Qingdao on the ...

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig ...

Listing and Shareholders

On 8 April 1994, the A shares of CIMC were listed on the Shenzhen Stock Exchange. On 19 December 2012, CIMC converted its B shares into H shares, and listed its H shares by way of introduction on the Main Board of the Stock Exchange of Hong Kong, being the first enterprise in China to do so. According to the 2013 Annual Report of CIMC,

China Merchants Group China Merchants Group Limited () is an international state-owned corporation (SOE) of the People's Republic of China. The company is operating under the auspices of the Chinese Ministry of Transport. Founded in 1872 China Merchants Steam Navig ...

holds 25.54% while

COSCO China Ocean Shipping Company, Limited, formerly China Ocean Shipping (Group) Company, commonly known for its abbreviated name COSCO Group, or simply, COSCO, is a former Chinese Government owned shipping and logistics services supplier compan ...

holds 22.75% of the total shares of the company.p.100, Annual Report 2013 of CIMC

Other container manufacturers

* CXIC * DFIC * SINGAMAS

References

External links

China International Marine ContainersVanguard National Trailer Corporation
{{authority control Former companies in the SZSE 100 Index Companies listed on the Shenzhen Stock Exchange Companies listed on the Hong Kong Stock Exchange H shares COSCO Shipping China Merchants Logistics companies of China Manufacturing companies established in 1960 Government-owned companies of China Manufacturing companies based in Shenzhen Chinese companies established in 1960