- Business
- China International Marine Containers (Group) Co., Ltd. (CIMC) manufactures and sells transportation and logistics equipment, including containers, road transport vehicles, energy and chemical equipment, marine engineering products, airport facilities, and related services; the company holds over 40% global market share in international containers and more than 56% in dry marine containers. CIMC produces dry freight containers, refrigerated containers, tank containers, special-purpose containers, modular buildings, container chassis, flatbed trailers, bulk lorries, tankers, self-dumpers, reefer trailers, vans, curtain-side trailers, mixers, pump trucks, car carriers, fire engines, sanitation vehicles, storage tanks, transportation tanks, processing equipment, EPC services for energy, chemical and food sectors, passenger boarding bridges, cargo handling systems, jack-up drilling platforms, semi-submersible platforms, heavy-lift vessels, pipe-laying vessels, FPSOs, FSOs, offshore steel structures, and luxury yachts. Headquartered in Shenzhen, Guangdong Province, China, and founded in 1980 as a joint venture, CIMC operates production bases across South, East, and North China, as well as subsidiaries and facilities in North America, Europe, Asia, Australia, and over 100 global offices; it serves shipping lines, leasing companies, energy firms, chemical producers, construction sectors, and logistics providers. In recent developments, CIMC completed the acquisition of Shenzhen CIMC Vehicle Co., Ltd. from CIMC Vehicles (Group) Co., Ltd. and CIMC Vehicle Investment Holdings Company Limited for RMB 1.356 billion, with final payments scheduled through December 2024; the company repurchased 54.6 million A-shares as of November 2025 and continues share buybacks; CIMC Raffles reported 58% year-on-year revenue growth to RMB 16.556 billion in 2024; it maintains significant stakes in affiliates like CIMC Vehicles (61.13% as of mid-2025) and advances smart logistics and high-rise firefighting technologies through subsidiaries such as Weihang Technology.