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《2025 年年度審計報告》，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 香港，2026 年 3 月 26 日 於本公告日期，本公司董事會成員包括：執行董事麥伯良先生（董事長），非執行董事 朱志強先生（副董事長）、梅先志先生（副董事長）、徐臘平先生、趙金濤先生及趙峰女 士，及 ...

Core Viewpoint - The article discusses the recent developments in the electric vehicle (EV) industry, focusing on the establishment of technical standards for electric vehicle control chips and drive motor insulation structures, which are crucial for ensuring safety, performance, and reliability in the rapidly evolving automotive sector [6][12]. Group 1: Electric Vehicle Control Chips - The Ministry of Transport has published the "85th Batch of Compliant Models for Road Transport Vehicles," which includes 2,239 models, highlighting the importance of compliance in the automotive industry [4]. - The lack of standardized technical requirements for electric vehicle control chips has led to challenges in performance, safety, and reliability, affecting the overall driving experience and energy efficiency [7]. - The establishment of the "Technical Requirements and Testing Methods for Electric Vehicle Control Chips" standard aims to address these challenges by providing a framework for performance, safety, and reliability, thus promoting high-quality development in the EV industry [9]. Group 2: Drive Motor Insulation Standards - The "Technical Specification for Insulation Structures of New Energy Vehicle Drive Motors" is being developed to address the unique challenges faced by drive motors in electric vehicles, including high-frequency voltage impacts and environmental corrosion [12]. - The absence of unified testing methods and technical requirements for drive motor insulation structures has hindered product quality and industry collaboration, necessitating the urgent establishment of this standard [13]. - The implementation of this standard is expected to significantly enhance the reliability and safety of drive motors, which are critical components of electric vehicles, thereby supporting the growth of the new energy vehicle sector [13].

Core Viewpoint - The article discusses the development and public consultation of national standards for evaluating active safety functions in vehicles, particularly focusing on the requirements for rear-end target objects in passenger cars, aiming to enhance safety testing protocols in the automotive industry [3][5][6]. Group 1: National Standards for Vehicle Safety - The national standard titled "Testing Equipment for Evaluating Active Safety Functions of Road Vehicles" has been drafted and is open for public consultation until March 28, 2026 [3]. - The standard includes seven chapters and four appendices, detailing the characteristics and performance requirements for rear-end target objects in passenger vehicles [5]. - The document aims to establish specifications that allow target objects to replace real passenger vehicles in terms of appearance, size, and reflective properties [5][6]. Group 2: International Standards and Adaptation - The standard is based on ISO 19206, which includes various parts for different target objects, and has been modified to suit China's specific needs [6][7]. - The first part of the standard focuses on the requirements for rear-end target objects, ensuring they align with the characteristics of real vehicles on Chinese roads [7]. - The development process of this standard considers international standards to ensure consistency in testing results and applicability to local vehicle characteristics [7]. Group 3: Battery Testing Standards - A draft for the "Technical Specification for In-Service Testing of Electric Vehicle Power Batteries" has been released for public consultation until March 31, 2026 [18]. - The specification outlines general testing conditions, methods, and requirements for assessing the performance and safety of power batteries in service [18][20]. - The need for such standards arises from frequent incidents of vehicle fires and breakdowns attributed to battery issues, highlighting the importance of standardized testing methods to enhance safety and consumer confidence in electric vehicles [19][20].

Core Viewpoint - The announcement from China International Marine Containers (Group) Co., Ltd. (CIMC) highlights the company's ongoing related party transactions and its revenue composition for the first half of 2025, indicating a diversified business model across various sectors [1]. Group 1: Company Announcements - CIMC held its 16th board meeting for the year 2025 on December 18, 2025, via telecommunication to review proposals related to ongoing related party transactions with Shenzhen Financing Leasing (Group) Co., Ltd. [1] Group 2: Financial Performance - For the first half of 2025, CIMC's revenue composition is as follows: containers accounted for 27.7%, logistics services for 17.68%, energy and chemical equipment and liquid food equipment for 16.88%, road transport vehicles for 11.15%, marine engineering for 10.44%, and other industries for 6.87% [1]. - As of the report date, CIMC's market capitalization stands at 48.1 billion yuan [2].

Core Insights - The article discusses the globalization journey of CIMC Group, a leading logistics and energy equipment supplier, highlighting its transition from product export to global operations [1][2][3] Group 1: Company Overview - CIMC Group is one of the earliest Chinese companies to expand overseas, with a business portfolio that includes containers, road transport vehicles, energy and chemical equipment, airport equipment, and marine engineering [2] - The company's overseas revenue accounts for approximately 50%, with over 30 large factories established in more than 20 countries [2] Group 2: Stages of Globalization - The globalization journey of CIMC Group is divided into four stages: 1. From 1997 to 2003, focusing on product export and initial overseas material sourcing [2] 2. From 2003 to 2007, rapid internationalization through acquisitions, including a significant acquisition of a fifth-ranked semi-trailer factory in the U.S. [2] 3. From 2008 to 2011, acquiring a Singaporean marine engineering company, which now produces drilling platforms for combustible ice [3] 4. From 2012 to present, a phase of diversified overseas expansion, acquiring major companies in the UK, Singapore, France, and Germany [3] Group 3: Globalization Strategy - CIMC Group's globalization strategy has evolved, focusing on three dimensions: 1. Progression in operational forms from product export to operational and cultural management overseas [3] 2. Business layout expansion from containers to vehicles, energy equipment, and airport equipment, with a long-term focus on Europe and the U.S. [3] 3. Transition from product manufacturing to building overseas design capabilities [3] Group 4: Challenges and Solutions - Cross-cultural conflicts are identified as significant challenges for Chinese companies going global, with CIMC Group developing various management experiences through local team deployment [3][4] - The company employs a standardized governance system to ensure global operations run under the same rules, minimizing cultural differences [4] Group 5: Future Opportunities - CIMC Group sees new opportunities in two key areas: 1. The Southeast Asian data center market, projected to grow from over $14 billion last year to $30-40 billion by 2030 [4] 2. The FPSO (Floating Production Storage and Offloading) market, expected to reach nearly $15 billion by 2033, driven by investments in deep-sea oil and gas [5] Group 6: Strategic Positioning - CIMC Group is one of the few companies globally with EPC capabilities for deep-sea equipment, currently involved in six floating platform projects for Petrobras [5] - The company's experience in global operations and revenue exceeding 50% from overseas markets may serve as a reference model for other Chinese enterprises looking to expand internationally [5]

Group 1 - The company announced a share buyback plan, repurchasing approximately 60.42 million A-shares, which represents 1.1204% of the total share capital as of the announcement date [1] - The highest purchase price for the shares was RMB 9.09 per share, while the lowest was RMB 7.85 per share, with a total expenditure of approximately RMB 498 million [1] - For the first half of 2025, the company's revenue composition was as follows: containers accounted for 27.7%, logistics services for 17.68%, energy and chemical equipment for 16.88%, road transport vehicles for 11.15%, marine engineering for 10.44%, and other industries for 6.87% [1] Group 2 - The company's market capitalization is currently valued at RMB 48.5 billion [2]

Summary of CIMC Group Conference Call Company Overview - **Company**: China International Marine Containers (Group) Co., Ltd. (CIMC) - **Industry**: Diversified Industrial Manufacturing - **Market Capitalization**: Rmb 42.9 billion / US$ 6.02 billion - **Stock Price (as of November 6, 2025)**: Rmb 7.95 - **12-Month Target Price**: Rmb 10.50 (up from Rmb 8.20) [4][37] Key Points Industry and Business Outlook - **Offshore Engineering Growth**: CIMC's offshore engineering segment is transitioning to high-end marine equipment manufacturing, focusing on FPSO (Floating Production Storage and Offloading) and FLNG (Floating Liquefied Natural Gas) [2][17] - **Deep Sea Resource Development**: The global capital expenditure for deep sea resource extraction is expected to reach US$ 2.7 trillion over the next decade, driving demand for FPSO and other marine engineering orders [2][17] - **Container Business Resilience**: Despite a projected decline in container sales, the demand is expected to remain above historical averages due to easing US-China trade tensions [3][27] Financial Performance and Projections - **Profit Contribution**: The offshore engineering business is projected to contribute an additional Rmb 19 billion in gross profit from 2026 to 2027, with FPSO projects starting construction in 2026 [1][2] - **Container Sales Forecast**: Container sales are expected to be 2.1 million TEU in 2025, declining to 1.4 million TEU in 2026, but still above the historical average [3][27] - **Gross Profit Expectations**: Container gross profit is expected to remain above Rmb 60 billion in 2025-26, despite a projected decline [3][27] Valuation and Rating Changes - **Earnings Forecast Adjustment**: The earnings forecast for 2026-27 has been increased by 6-8%, reflecting better-than-expected container demand and the anticipated contribution from offshore engineering [1][37] - **Target Price Adjustment**: The target price has been raised to Rmb 10.50 based on improved earnings projections and a higher valuation multiple for the offshore engineering segment [4][37] Risks and Market Sentiment - **Geopolitical Risks**: The company's stock performance has been affected by geopolitical uncertainties and trade tensions, which have led to conservative market expectations for future earnings growth [4][34] - **Market Perception**: There is a belief that the market has not fully recognized the potential for profit growth from high-value offshore engineering projects [34] Additional Insights - **Long-term Demand for FPSO**: The demand for FPSO is projected to reach US$ 300 billion over the next decade, with a significant number of potential new orders in the pipeline [19][22] - **Operational Efficiency**: The company is expected to improve its operational efficiency and profitability in the offshore engineering segment as it begins to deliver high-value projects [14][36] Conclusion CIMC Group is positioned for growth in its offshore engineering segment driven by deep sea resource development, while its container business is expected to remain resilient despite market challenges. The upward revision of earnings forecasts and target price reflects a positive outlook for the company's future performance.

Group 1 - Company announced a share buyback of approximately 17.5 million A-shares, representing 0.3246% of the total share capital as of the announcement date [1] - The maximum purchase price was RMB 8.49 per share, while the minimum was RMB 7.9 per share, with a total expenditure of approximately RMB 143 million [1] - As of the report, the company's market capitalization stands at RMB 42.9 billion [1] Group 2 - For the first half of 2025, the revenue composition of the company is as follows: containers 27.7%, logistics services 17.68%, energy and chemical equipment and liquid food equipment 16.88%, road transport vehicles 11.15%, marine engineering 10.44%, and other industries 6.87% [1]

Core Viewpoint - The article discusses the announcement of the 80th batch of compliant road transport vehicle models by the Ministry of Transport, highlighting the number of models approved and the regulatory framework guiding this process [5]. Group 1: Announcement of Compliant Vehicle Models - On October 21, the Ministry of Transport released the announcement regarding the 80th batch of compliant road transport vehicle models, which includes a total of 1,832 models [5]. - The compliant models consist of 207 passenger vehicles, 30 passenger cars, 1,084 cargo vehicles, 282 tractors, and 229 trailers [5]. - Additionally, 37 models have been revoked from the list of compliant vehicles [5]. Group 2: Regulatory Framework and Purpose - The announcement is based on various laws and regulations, including the Safety Production Law and the Energy Conservation Law, ensuring that the models meet technical requirements [5]. - The purpose of this announcement is to enhance safety and efficiency in road transport by ensuring that vehicles comply with established standards [5]. Group 3: Administrative Penalty Guidelines - On October 24, the Ministry of Industry and Information Technology opened a public consultation for the draft of the Administrative Penalty Discretionary Guidelines for the road vehicle production sector [8]. - The guidelines aim to standardize administrative penalties in the road vehicle production sector, ensuring fair competition and protecting the rights of businesses and the public [9]. - The guidelines are part of a broader effort to improve regulatory efficiency and the quality of administrative enforcement in the industry [10]. Group 4: Key Components of the Guidelines - The draft guidelines outline seven types of violations related to road vehicle production, detailing corresponding penalties and conditions for their application [14]. - The guidelines establish four levels of discretionary penalties: no penalty, reduced penalty, general penalty, and increased penalty, reflecting the severity of violations [14]. - Specific conditions for applying these penalties are also defined, ensuring that penalties are proportionate to the nature and severity of the violations [15].

Group 1 - Company announced a share buyback of approximately 2.41 million A-shares, representing 0.0447% of the total share capital as of the announcement date [1] - The buyback was conducted through centralized bidding, with a maximum purchase price of RMB 8.37 per share and a minimum price of RMB 8.25 per share, totaling around RMB 20 million in funds used [1] - For the first half of 2025, the revenue composition of the company was as follows: containers 27.7%, logistics services 17.68%, energy and chemical equipment 16.88%, road transport vehicles 11.15%, marine engineering 10.44%, and other industries 6.87% [1] Group 2 - The company's market capitalization is currently valued at RMB 45.2 billion [2]