股票代码：000039、299901 股票简称：中集集团、中集 H 代 公告编号：【CIMC】2025-011 中国国际海运集装箱（集团）股份有限公司 关于第十届董事会二〇二五年度第三次会议决议的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误 导性陈述或重大遗漏。 一、董事会会议召开情况 中国国际海运集装箱（集团）股份有限公司（以下简称"本公司"）第十届董事会 2025 年度第 3 次会议通知于 2025 年 2 月 6 日以书面形式发出，会议于 2025 年 2 月 24 日以通讯表决方式召开。本公司现有董事九人，参加表决董事九人，其中副董事长胡贤 甫先生授权董事邓伟栋先生行使表决权。本公司监事列席会议。 会议的召集召开符合《中华人民共和国公司法》《中华人民共和国证券法》《中国国 际海运集装箱（集团）股份有限公司章程》（以下简称"《公司章程》"）和《中国国际海 运集装箱（集团）股份有限公司董事会议事规则》等的有关规定。 1 1、会议时间 2025 年 3 月 13 日（星期四）下午 2：50 二、董事会会议审议情况 经董事认真审议并表决，通过以下决议： （一）审议并通过《关于 ...

证券研究报告 中集集团 (2039 HK/000039 CH) 预告利润高增，集装箱与海工业务齐 头并进 | 华泰研究 | | | 公告点评 | | --- | --- | --- | --- | | 2025 年 | 2 月 | 06 日│中国内地/中国香港 | 专用设备 | 公司发布 24 年业绩预告；预计 24 年实现归母净利润 25-35 亿元，同比 +493%-731%，扣非净利润 26-36 亿元，同比+291%-441%。公司归母净 利中枢值高于我们此前预期（预期 24 年 26 亿元），我们认为主要系集装箱 行业需求在贸易量提升与红海事件等扰动因素下超预期增长。公司 24 年业 绩同比大幅增长或主要得益于集装箱行业高景气与海工行业的显著复苏。展 望未来，公司作为全球集装箱制造行龙头，有望充分受益于国际商品贸易发 展下持续向上的集装箱行业需求，叠加公司海工制造领域在手订单逐步交 付，业绩有望持续兑现，维持"买入"评级。 集装箱行业景气向上，海工领域需求显著恢复 公司 24 年业绩实现高速增长主要系：1）集装箱制造业务：2024 年全球集 装箱运输行业周期性恢复，且红海事件拉长运距等突发因素对于行 ...

中国国际海运集装箱（集团）股份有限公司 董事会 二〇二五年二月五日 中国国际海运集装箱（集团）股份有限公司 关于按照《香港上市规则》公布 2025年1月份证券变动月报表的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、 误导性陈述或重大遗漏。 根据《香港联合交易所有限公司证券上市规则》（简称"《香港上市规则》"） 13.25B条关于披露股份发行人的证券变动月报表的要求及《深圳证券交易所股票上市 规则》11.2.1 条关于境内外同步披露的要求，特此披露中国国际海运集装箱（集团） 股份有限公司在香港联交所披露易网站（www.hkexnews.hk）刊登的截至2025年1月31 日的证券变动月报表，供参阅。 证券代码：000039、299901 证券简称：中集集团、中集 H 代 公告编号：【CIMC】2025-010 特此公告。 FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國國際海運集裝箱（集團）股份有限公司 呈交日期: 2025年2月5日 I. ...

Group 1: Market Outlook - The global container trade growth rate is projected to maintain at 2.8% in 2025 according to Clarksons [2] - Long-term factors such as trade volume growth, supply chain diversification, and increased container transport mileage will drive new demand [3] Group 2: Offshore Engineering Performance - In the first three quarters of 2024, the offshore engineering segment's revenue increased by 77.75% year-on-year [3] - New orders signed in the offshore segment reached $3.25 billion, with a total order backlog valued at $7.4 billion by the end of Q3 2024 [3] Group 3: North American Vehicle Market - The North American semi-trailer market is experiencing supply-demand dynamics, with the company's vehicle business outperforming the industry and increasing market share [3] - The company plans to enhance its "cross-ocean operation, local manufacturing" model and optimize its global supply chain management [3] Group 4: Shipbuilding Orders - CIMC Anwei's shipbuilding business, focusing on small and medium-sized gas carriers, has seen a significant increase in orders, with total new orders amounting to RMB 10.8 billion in 2024 [3] - The current order backlog for CIMC Anwei stands at approximately RMB 17.4 billion, indicating strong market competitiveness and growth potential [3]

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for future performance [2][9]. Core Insights - The company forecasts a net profit attributable to shareholders of 2.5 to 3.5 billion RMB for 2024, representing a year-on-year growth of 493% to 731% [2]. - The fourth quarter of 2024 is expected to yield a net profit of 670 million to 1.67 billion RMB, marking a turnaround from a loss of 70 million RMB in the same period of 2023 [2]. - The strong performance is attributed to the recovery in the container sector and improved demand in the offshore engineering segment [2]. Summary by Sections Financial Performance - The company anticipates total revenue of 157.8 billion RMB in 2024, a year-on-year increase of 23.5% [9]. - The net profit for 2024 is projected at 3 billion RMB, with a significant increase in earnings per share (EPS) from 0.08 RMB in 2023 to 0.56 RMB in 2024 [9]. Container Sector - The demand for containers is driven by international trade and the need for replacement of aging units, with an estimated annual update of 2.5 million TEU based on a 20-year lifespan [3]. - The global container trade volume is expected to grow steadily, with projected growth rates of 2.9% and 2.6% for 2025 and 2026, respectively [3]. Offshore Engineering - The offshore engineering segment is experiencing a recovery, with a significant increase in new orders, totaling 3.25 billion USD in the first three quarters of 2024, a 121% year-on-year increase [4]. - The company has secured contracts for advanced offshore equipment, including FPSO hulls, showcasing its manufacturing capabilities in high-end offshore engineering [4].

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected price increase of over 15% in the next 6-12 months [4]. Core Insights - The company is projected to achieve a net profit attributable to shareholders of 2.5 to 3.5 billion yuan in 2024, representing a year-on-year growth of 493% to 731% [1][2]. - The container manufacturing business is expected to benefit from the recovery in global trade, with a significant increase in demand for containers, leading to record production levels [2]. - The offshore engineering sector is also anticipated to see improved performance due to rising equipment prices and stable utilization rates [3]. Summary by Sections Performance Review - The company forecasts a net profit of 2.5 to 3.5 billion yuan for 2024, with a substantial increase in both net profit and profit excluding non-recurring items [1]. Operational Analysis - The recovery in the container and offshore engineering sectors is driving the company's strong performance, with record production and sales in container manufacturing [2]. - The global trade outlook is positive, with the WTO predicting a 2.7% growth in global merchandise trade for 2024, which is expected to further boost container demand [2]. - The offshore engineering sector is experiencing price increases for equipment, with a 42% year-on-year increase in cumulative orders [3]. Profit Forecast, Valuation, and Rating - Revenue projections for 2024-2026 are 166.4 billion, 180.5 billion, and 193.7 billion yuan respectively, with net profits of 3.1 billion, 4.0 billion, and 5.0 billion yuan [4]. - The corresponding price-to-earnings ratios are projected to be 13X, 10X, and 8X for the respective years [4].

Core Viewpoint - CIMC Group (000039) announced a significant increase in its 2024 net profit forecast, expecting a range of CNY 2.5 billion to CNY 3.5 billion, representing a year-on-year growth of 493% to 731% [1] Group 1: Company Performance - The stock price of CIMC Group closed at CNY 7.56, with a slight increase of 0.13% on the announcement day [1] - The trading volume was CNY 151 million, with a turnover rate of 0.87% [1] - Over the past five days, the stock has experienced a decline of 1.05% [1] Group 2: Market Reaction - A statistical analysis of stocks with a profit forecast increase of over 50% shows that 65.5% of these stocks experienced a price increase on the announcement day [1] - Among these, 25 companies hit the daily price limit on the announcement day [1] - Over the following five days, 73.18% of these stocks saw an increase in their prices [1]

Financial Projections - The expected net profit for 2024 is projected to be between CNY 2,500,000 thousand and CNY 3,500,000 thousand, representing a growth of 493% to 731% compared to the previous year[3]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between CNY 2,600,000 thousand and CNY 3,600,000 thousand, indicating a growth of 291% to 441% year-on-year[3]. - The basic earnings per share is expected to be between CNY 0.46 and CNY 0.65, compared to CNY 0.07 in the previous year[3]. Performance Drivers - The increase in performance is attributed to the cyclical recovery of the container transportation industry and strong demand in the container manufacturing sector, with record production and sales of standard dry cargo containers[6]. - The offshore engineering sector is also expected to benefit from increased market demand, leading to higher revenue and net profit in 2024[6]. Cautionary Notes - The financial data in the earnings forecast has not been audited by an accounting firm[5]. - Investors are advised to exercise caution as the earnings forecast is based on preliminary estimates and specific data will be disclosed in the 2024 annual report[7].

本公司于2023年8月3日向中国银行间市场交易商协会申请注册，并于2023年10月12 日收到中国银行间市场交易商协会发出的《接受注册通知书》（中市协注[2023]MTN1097 号）（以下简称"1097号接受通知书"）。根据1097号接受通知书，中国银行间市场交 易商协会接受本公司债务融资工具注册，自1097号接受通知书落款之日起2年内有效（有 效期至2025年10月11日），在注册有效期内本公司可分期发行中期票据。 2025年1月20日，本公司2025年度第一期中期票据（科创票据）（以下简称"第一期 中期票据"）及2025年度第二期中期票据（科创票据）（以下简称"第二期中期票据"） 发行完成，募集资金已于2025年1月21日到账。第一期中期票据的发行金额为人民币10 亿元，其中人民币6亿元用于本公司及下属子公司补充流动资金，人民币4亿元用于本公 司偿还到期债务融资工具；第二期中期票据的发行金额为人民币10亿元，拟用于本公司 偿还到期债务融资工具。 第一期中期票据及第二期中期票据的发行主要条款公告如下： 1 | 发行人 | 中国国际海运集装箱（集团）股份有限公司 | | --- | --- | | 名称 | ...

关于 2025 年度第一期超短期融资券发行完成的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误 导性陈述或重大遗漏。 中国国际海运集装箱（集团）股份有限公司（以下简称"本公司"）于2023年6月28日 召开的2022年度股东大会审议通过了《关于中集集团申请注册发行中期票据（含长期限 含权中期票据）和超短期融资券的议案》，批准本公司注册发行不超过人民币80亿元超 短期融资券。具体内容可参见本公司于2023年3月28日、2023年6月1日及2023年6月28日 在巨潮资讯网（www.cninfo.com.cn）及本公司网站（www.cimc.com）上发布的相关公 告（公告编号：【CIMC】2023-027及【CIMC】2023-053）及香港联交所披露易网站 （www.hkexnews.hk）发布的公告及通函。 本公司于2023年8月4日向中国银行间市场交易商协会申请注册，并于2023年10月12 日收到中国银行间市场交易商协会发出的《接受注册通知书》（中市协注[2023]SCP431 号）（以下简称"431号接受通知书"）。根据431号接受通知书，中国银行间市场交易 商协会接受 ...