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 Motion, movement of humans, animals, and cargo, goods from one location to another. Mode of transport, Modes of transport include aviation, air, land tr ...

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 term ...

, road transport vehicles and airport ground-handling equipment. China International Marine Containers was a constituent of SZSE 100 Index, but was removed in January 2017. , it is one of the 200 components of SZSE 200 Index (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 In transportation, cargo refers to goods transported by land, water or air, while freight refers to its conveyance. In economics, freight refers to goods transported at a freight rate for commercial gain. The term cargo is also used in ...

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

logistics Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the Consumption (economics), point of consumption according to the ...

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

cargo In transportation, cargo refers to goods transported by land, water or air, while freight refers to its conveyance. In economics, freight refers to goods transported at a freight rate for commercial gain. The term cargo is also used in cas ...

handling systems for airports. Based in

Shenzhen Shenzhen is a prefecture-level city in the province of Guangdong, China. A Special economic zones of China, special economic zone, it is located on the east bank of the Pearl River (China), Pearl River estuary on the central coast of Guangdong ...

Guangdong ) means "wide" or "vast", and has been associated with the region since the creation of Guang Prefecture in AD 226. The name "''Guang''" ultimately came from Guangxin ( zh, labels=no, first=t, t= , s=广信), an outpost established in Han dynasty ...

Province, CIMC is also engaged in the real estate industry through its

subsidiaries A subsidiary, subsidiary company, or daughter company is a company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unl ...

. 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. In 2013, CIMC acquired German manufacturer of fire engines Ziegler, including its subsidiary Visser B.V., which builds ambulances and interiors of defense vehicles. It owns Yantai CIMC Raffles Shipyard in

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

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

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 The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the 9th largest globally by market capitalization as of August 20 ...

, being the first enterprise in China to do so. According to the 2013 Annual Report of CIMC, China Merchants Group holds 25.54% while

COSCO China Ocean Shipping Company (COSCO) was a former shipping corporation from 1961 to 2016, owned by the State Council of the People's Republic of China, State Council of China. The company merged with China Shipping Group, China Shipping Grou ...

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 1960 in Shenzhen