China Merchants

CIMC Vehicles is Officially Listed on the ChiNext Board of China

Retrieved on: 
Thursday, July 8, 2021

HONG KONG, July 8, 2021 - (ACN Newswire) - CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles" or the "Group", stock code: 1839.HK/301039.SZ) announces that it has been officially listed on the ChiNext Board of China and achieved "A+H" dual-listing status.

Key Points: 
  • HONG KONG, July 8, 2021 - (ACN Newswire) - CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles" or the "Group", stock code: 1839.HK/301039.SZ) announces that it has been officially listed on the ChiNext Board of China and achieved "A+H" dual-listing status.
  • For its listing on the ChiNext Board, CIMC Vehicles issued approximately 253 million shares at an offer price of RMB 6.96 per share.
  • In addition to the global semi-trailer business, CIMC Vehicles also engages in truck bodies for specialty vehicles as well as refrigerated truck bodies in China.
  • In China, the company manages renowned brands such as "Tonghua", "Huajun", "SCVC SAILING", "Ruijiang Vehicles", "Lingyu Vehicles" and "Liangshan Dongyue" etc.

CIMC Vehicles receives registration approval for the IPO on the ChiNext Board

Retrieved on: 
Wednesday, May 19, 2021

b'HONG KONG, May 19, 2021 - (ACN Newswire) - The China Securities Regulatory Commission announced the approval for the registration and listing of CIMC Vehicles (Group) Co. Ltd (("CIMC Vehicles") or the "Group", stock code: 1839.HK) on the ChiNext Board.

Key Points: 
  • b'HONG KONG, May 19, 2021 - (ACN Newswire) - The China Securities Regulatory Commission announced the approval for the registration and listing of CIMC Vehicles (Group) Co. Ltd (("CIMC Vehicles") or the "Group", stock code: 1839.HK) on the ChiNext Board.
  • CIMC Vehicles is a global leader in semi-trailer and specialty-vehicles sophisticated manufacturing.
  • At the same time, CIMC Vehicles developed strategic cooperation with important OEMs such as SAIC Iveco Hongyan and Shanxi Automobile.
  • This helped promote in-depth binding with key customers and achieved satisfactory results.\nIn 2020, CIMC Vehicle\'s revenue generated from the truck bodies business for specialty vehicles reached RMB10.16 billion, representing a year-on-year increase of 37.8%.

CIMC Vehicles announces 2020 Annual Results

Retrieved on: 
Thursday, March 25, 2021

HONG KONG, Mar 25, 2021 - (ACN Newswire) - The world's leading high-end manufacturer of semi-trailers and specialty vehicles, CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles") or the "Group", stock code: 1839.HK) is delighted to announce its annual results for the year ended 31 December 2020.

Key Points: 
  • HONG KONG, Mar 25, 2021 - (ACN Newswire) - The world's leading high-end manufacturer of semi-trailers and specialty vehicles, CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles") or the "Group", stock code: 1839.HK) is delighted to announce its annual results for the year ended 31 December 2020.
  • Revenue from truck bodies for specialty vehicles in China reached RMB10.16 billion, representing a 37.8% increase YoY .
  • The Group established strategic partnerships with major domestic heavy truck enterprises to jointly develop and market truck bodies for specialty vehicles.
  • About CIMC Vehicles (Group) Co., Ltd
    CIMC Vehicles (Group) Co., Ltd. ("CIMC Vechicles", Stock code: 1839.HK) is the world's No.1 semi-trailer manufacturer in terms of production volume according to the Global Trailer.

Global Modular Construction Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

Retrieved on: 
Monday, November 2, 2020

The "Modular Construction - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Modular Construction - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The 278-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021.
  • This segment currently accounts for a 60.6% share of the global Modular Construction market.
  • Competitors identified in this market include, among others:
    CIMC Modular Building Systems Holdings Co. Ltd.

CIMC to Privatise CIMC-TianDa, a Determined Effort That Attracts Investors' Betting

Retrieved on: 
Monday, October 12, 2020

The combination of these partners and the three competent financial advisers demonstrates the resolution of CIMC and SDIC in succeeding the privatisation deal.

Key Points: 
  • The combination of these partners and the three competent financial advisers demonstrates the resolution of CIMC and SDIC in succeeding the privatisation deal.
  • In fact, CIMC-TianDa had already unveiled the curtain of business restructuring before the privatisation proposal was put forward.
  • The revenue for the six months was RMB 2,173 million, a decrease of 8.2% over the corresponding period last year.
  • Therefore, the privatisation proposal made by CIMC and SDIC at this time is not necessarily a bad thing for investors.

CIMC Modular Building Systems set up temporary quarantine facilities for HK

Retrieved on: 
Tuesday, March 31, 2020

SHENZHEN, China, March 30, 2020 /PRNewswire/ -- CIMC Modular Building Systems (CIMC-MBS) set up temporary quarantine facilities at junior police call permanent activity center and integrated youth training camp at Pak Heung.

Key Points: 
  • SHENZHEN, China, March 30, 2020 /PRNewswire/ -- CIMC Modular Building Systems (CIMC-MBS) set up temporary quarantine facilities at junior police call permanent activity center and integrated youth training camp at Pak Heung.
  • It was awarded to Hip Hing Engineering Co Ltd (general contractor) and the module production was undertaken by CIMC Modular Building Systems (CIMC-MBS), a subsidiary of CIMC Group.
  • The Pak Heung temporary quarantine facilities project is one of four mandatory quarantine projects under the supervision of the HK Architectural Services Department.
  • You Di said the temporary quarantine facilities at Pak Heung were built in accordance with Hong Kong's permanent building standards, although it was for the temporary usage currently.

British university welcomes modularized student accommodation built by CIMC MBS

Retrieved on: 
Wednesday, January 23, 2019

SHENZHEN, China, Jan. 23, 2019 /PRNewswire/ -- Modular building provider CIMC Modular Building Systems Holding Co Ltd (CIMC MBS) announced that six new blocks of student accommodation at Newcastle University, consisting of containerized modules, has officially come into service last month.

Key Points: 
  • SHENZHEN, China, Jan. 23, 2019 /PRNewswire/ -- Modular building provider CIMC Modular Building Systems Holding Co Ltd (CIMC MBS) announced that six new blocks of student accommodation at Newcastle University, consisting of containerized modules, has officially come into service last month.
  • The Park View Student Village, as the student accommodation is called, is believed to be the country's largest of its kind.
  • The British project follows another one in the United States several months ago, when the company delivered modularized student accommodation to the University of California, Berkeley.
  • "Access to high quality accommodation is an important part of student life and a significant factor in defining students," said Chris Day, vice-chancellor and president of the university.

Fusionex privileged to host Jack Ma-chaired China Entrepreneur Club

Retrieved on: 
Sunday, January 6, 2019

Fusionex International was honored to be the sole technology company in Malaysia to host the China Entrepreneur Club (CEC) at its office.

Key Points: 
  • Fusionex International was honored to be the sole technology company in Malaysia to host the China Entrepreneur Club (CEC) at its office.
  • The Chinese delegation, led by its president and former China Merchants Bank President Ma Weihua, visited Fusionex in the hopes of fostering stronger relationships and exploring collaborative opportunities between both countries.
  • View the full release here: https://www.businesswire.com/news/home/20190106005015/en/
    Fusionex International Founder and Group CEO Dato Seri Ivan Teh (left) presenting a token of appreciation to China Entrepreneur Club (CEC) President Ma Weihua (Photo: Business Wire)
    In China, CEC is the premier platform for business leaders and whose chairman is Jack Ma, Executive Chairman of Alibaba Group.
  • At the event, Fusionex Founder and Group CEO Dato Seri Ivan Teh delivered the opening speech while Ma Weihua presented the keynote address which was followed by a discussion between the Fusionex team and CEC delegation.

CIMC and SCG form strategic partnership

Retrieved on: 
Tuesday, October 30, 2018

SHENZHEN, China, Oct. 30, 2018 /PRNewswire/ -- China International Marine Containers (Group) LTD. (CIMC Group)and Sumitomo Corporation Group (SCG) signed an agreement Friday on strengthening cooperation on intelligent and high-speed warehouse storage systems.

Key Points: 
  • SHENZHEN, China, Oct. 30, 2018 /PRNewswire/ -- China International Marine Containers (Group) LTD. (CIMC Group)and Sumitomo Corporation Group (SCG) signed an agreement Friday on strengthening cooperation on intelligent and high-speed warehouse storage systems.
  • The partnership was formed on the sidelines of First China-Japan Third-Party Market Cooperation Forum, held in Beijing on Friday.
  • CIMC and SCG have been cooperating on a range of sectors since 1993, including material supply, vehicle, energy and chemical industry, airport, modular building, etc.
  • CIMC Group generated approximately 76.3 billion yuan in revenue in 2017, with net profit reaching 2.5 billion yuan.

UC Berkeley student accommodations built by CIMC MBS comes into service

Retrieved on: 
Tuesday, October 30, 2018

SHENZHEN, China, Oct. 30, 2018 /PRNewswire/ -- Modular building provider CIMC Modular Building Systems Holding Co Ltd (CIMC MBS) is taking its expertise to the United States by building student accommodations for postgraduates at the University of California, Berkeley.

Key Points: 
  • SHENZHEN, China, Oct. 30, 2018 /PRNewswire/ -- Modular building provider CIMC Modular Building Systems Holding Co Ltd (CIMC MBS) is taking its expertise to the United States by building student accommodations for postgraduates at the University of California, Berkeley.
  • The accommodations, whichare located not far from the downtown Berkeley, is a four-storey structurewhich provides 22 well-decorated rooms.
  • "Berkeley adopts a very stringent green architecture standard by strictly controlling the emission of harmful substances," Marco Ma, regional project manager of North America at CIMC MBS, said.
  • CIMC MBS is a subsidiary of China International Marine Containers Group, which is listed on China's Shenzhen Stock Exchange, specializing in providing modern transportation equipment and services.