8月27日晚间，中集集团（000039.SZ，2039.HK）发布2025年半年度业绩报告。今年上半年，集团实现 营业收入约人民币760.90亿元，归母净利润约人民币12.78亿元，同比增长47.63%。在全球经济环境复 杂多变的背景下，中集集团通过持续优化业务结构、深化精益管理，实现业绩强劲增长。 其中，海洋工程业务实现营业收入80.14亿元，同比增长2.95%，净利润2.81亿元，成功转盈，贡献了显 著业绩增量，其中核心业务主体烟台来福士海洋科技集团净利润达到5.25亿元；集装箱制造业务在产品 结构优化和成本控制下实现净利润14.44亿元，实现了13.20%的可观增长。值得一提的是，受全球冷链 物流需求强劲驱动，冷藏箱销量同比大幅增长105.82%，达到9.20万TEU；车辆板块提质增效，通过高 端化、智能化转型进一步巩固了市场领导地位，市占率进一步提升并连续六年保持全国第一；能源化工 装备业务抓住全球清洁能源发展机遇，利润表现极为亮眼，报告期内实现利润4.60亿元，近乎翻倍。 此外，中集集团上半年整体毛利率较去年同期提升1.94个百分点至12.67%，展现了卓越的经营质量和成 本管控能力。 （文章来源： ...

香港交易及結算所有限公司及香港聯合交易所有限公司（「香港聯交所」）對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 中國國際海運集裝箱（集團）股份有限公司 CHINA INTERNATIONAL MARINE CONTAINERS (GROUP) CO., LTD. （於中華人民共和國註冊成立之股份有限公司） (股份代號：02039) 海外監管公告 本公告乃中國國際海運集裝箱（集團）股份有限公司（「公司」）根據香港聯合交易所有 限公司證券上市規則第 13.10B 條作出。 茲載列公司在公司網站（www.cimc.com）以及巨潮資訊網（www.cninfo.com.cn）刊登 的《中國國際海運集裝箱（集團）股份有限公司 2025 年半年度報告》，僅供參閱。 特此公告。 承董事會命 中國國際海運集裝箱（集團）股份有限公司 吳三強 公司秘書 1 中国国际海运集装箱（集团）股份有限公司 2025 年半年度报告 重要提示 本公司董事会、监事会及董事、监事、高级管理人员保证2025年半年度报告（以下简称"本报 ...

Core Viewpoint - The domestic oil and gas exploration and development efforts are increasing, driven by energy security needs, leading to a growing market for energy equipment, particularly for Changjiang Energy Technology Co., Ltd. (Changjiang Nengke), which is set to go public on the Beijing Stock Exchange in July 2025 to raise funds for expanding production capacity and enhancing R&D capabilities [1][40]. Industry Overview - The energy chemical equipment industry is experiencing steady growth, with the market size increasing from 224.5 billion yuan in 2018 to 315.7 billion yuan in 2022, and projected to reach 588.9 billion yuan by 2027 [10]. - The domestic oil and gas production is on the rise, with crude oil output increasing from 195 million tons in 2020 to an estimated 213 million tons in 2024, and natural gas production growing from 192.5 billion cubic meters to 246.5 billion cubic meters in the same period [6][8]. Company Overview - Changjiang Nengke is recognized as a "hidden champion" in the energy chemical sector, focusing on specialized equipment for oil and gas, with a market share in electric desalination equipment leading domestically [1][12]. - The company has achieved a compound annual growth rate (CAGR) of 19.72% in revenue over the past three years, with gross margins and return on equity (ROE) exceeding industry averages [12][16]. Financial Performance - Revenue for Changjiang Nengke has shown consistent growth, with figures of 21.9 million yuan in 2022, 34.8 million yuan in 2023, and 31.4 million yuan in 2024, reflecting a CAGR of 9.2% [14]. - The company reported a gross margin of 54.69% in Q1 2025, significantly higher than the industry average [16]. Market Position - Changjiang Nengke has established a strong customer base, including major players like Sinopec and PetroChina, with a high percentage of revenue coming from repeat customers [19][20]. - The company has expanded its international presence, with overseas project revenue increasing from 26.7 million yuan in 2022 to 145.9 million yuan in 2024, accounting for 46.46% of total revenue [24]. Technological Advancements - Changjiang Nengke has developed ten core technologies, with seven recognized as internationally advanced, enhancing its competitive edge in the market [30][36]. - The company invests significantly in R&D, with a CAGR of 26.61% in R&D spending over the past three years, and a dedicated team of 64 researchers [31]. Future Prospects - The company plans to use the funds raised from its IPO to expand production capacity and enhance R&D, focusing on producing 1,500 tons of heavy special materials and 4,500 tons of oil and gas engineering equipment annually [40][41]. - The market for energy chemical equipment is expected to continue growing, driven by increasing domestic oil and gas exploration and the demand for modularized equipment in harsh environments [43][45].

Financial Performance - The company's operating cash flow net increased by 339.97% year-on-year due to a rise in orders and prepayments [2][3] - In Q1 2025, net profit attributable to shareholders grew by 284.47%, primarily due to debt restructuring gains of CNY 78.49 million and a 65.72% reduction in credit impairment losses [4] Profitability Metrics - The overall gross margin reached 25.11% in 2024, an increase of 4.60 percentage points from the previous year, driven by a higher proportion of high-value-added business and effective cost control [3] - The gross margin for high-end equipment manufacturing increased by 5.64 percentage points, while the energy and energy services business saw a 3.18 percentage point increase in gross margin [3] Strategic Initiatives - The company is focusing on green energy projects, including hydrogen-based energy and advanced energy storage technologies, with significant projects underway [5] - A stock incentive plan was implemented to align the interests of the core team with the company's long-term development goals, enhancing motivation and collaboration [6] Market Expansion - The company is actively expanding its overseas oilfield operations, with exploration and production rights in Trinidad and Tobago covering 17,300 acres [6] - In 2023, the company signed contracts for a daily production of 3,000 tons (approximately 1 million tons annually) of ammonia compressor units, achieving international advanced performance standards [7] Investor Relations - The company emphasizes value management and investor communication, utilizing various platforms to maintain engagement and transparency with investors [6][7] - A new value management system has been established to enhance investor returns and maintain investor interests [6]

Core Viewpoint - The company reported significant growth in revenue and net profit for the first quarter of 2025, driven by strong performance in its logistics and energy sectors, despite challenges posed by global trade uncertainties and U.S. tariff policies [11][16]. Financial Data - The company achieved operating revenue of RMB 36.026 billion, an increase of 11.04% year-on-year from RMB 32.443 billion [11]. - Net profit attributable to shareholders was RMB 544 million, a substantial increase of 550.21% compared to RMB 84 million in the same period last year [11]. - Basic earnings per share rose to RMB 0.0971, up 670.63% from RMB 0.0126 [11]. Logistics Sector Performance - The container manufacturing business benefited from a surge in demand due to U.S. tariff impacts, with dry cargo container sales reaching 531,200 TEU, a year-on-year increase of approximately 7.44% [11]. - Refrigerated container sales saw a dramatic increase to 36,400 TEU, up 291.40% from 9,300 TEU in the previous year, driven by strong demand for South American fruit exports [11]. Energy Sector Performance - The energy, chemical, and liquid food equipment business reported a revenue increase of 24.2% to RMB 5.765 billion, supported by a robust order backlog of approximately RMB 28.309 billion [16]. - The clean energy segment experienced a significant revenue growth of 33.4%, reaching RMB 4.342 billion, largely due to increased sales in offshore clean energy and high-end low-temperature equipment [16]. Innovation and New Business Development - The company is expanding its cold chain logistics and energy storage businesses, focusing on strategic layouts in pharmaceutical cold chain and industrial temperature control [20]. - The modular construction business is actively exploring domestic and international markets, achieving recognition for its innovative projects in the housing sector [20].