The revenue of CIMC (02039) in 2020 reached a record high of 94.2 billion yuan, making a profit for the 27th consecutive year.

On the evening of March 29th, CIMC (hereinafter referred to as "CIMC", stock code: 00039.SZ/02039) officially released its 2020 annual report, revealing the company's performance in the past year. The report shows that in 2020, CIMC achieved a total operating income of 9,465,438+59 million yuan, a year-on-year increase of 9.72%; Realized a net profit of 6 billion yuan, of which the net profit returned to the mother was 5.35 billion yuan, a year-on-year increase of 246.88%; The basic earnings per share was 65,438 yuan +0.465,438 yuan+0 yuan, up 2,865,438+0.08% year-on-year. In the report, CIMC announced that the company will distribute the dividend for the whole year of 2020 to shareholders, with a cash dividend of RMB 0.28 for every 65,438+0 shares.

This means that CIMC has been making profits for 27 consecutive years since 1994 was listed on the A-share market, and it is also the 26th cash dividend since its listing, ranking among the top ten dividend times of A-share listed companies, with the accumulated dividend exceeding1400 million yuan.

Income and profit hit a record high, an answer sheet that exceeded expectations.

In 2020, the sudden outbreak of COVID-19 had a great impact on global economic activities. As a global multinational group, CIMC is inevitably affected positively, resulting in a loss of 646,543.8 billion yuan in the first quarter of 2020. Although the performance in the second quarter was greatly reduced, the performance in the first half of the year still showed a loss.

It is braver to bear hardships. As an international group that has been put into production for nearly 40 years, CIMC has repeatedly crossed the cycle of world economic fluctuation and industry fluctuation, and finally achieved leap-forward development through strong strategic upgrading and capacity layout adjustment.

In 2020, CIMC's actions will be equally swift and decisive. In order to resist the impact of the epidemic, CIMC quickly established the "Special Period Group Decision Committee", adopted a series of risk control measures and business control measures, and resolutely promoted their implementation. This year, CIMC overcame many difficulties and tests, and finally achieved qualitative growth through major actions such as strategic planning optimization, business focus, inefficient asset disposal and major strategic themes.

Thanks to the implementation of CIMC's special regulation measures and the recovery of container market at the end of the third quarter, CIMC's performance bottomed out in the middle of the year. The third quarterly report of CIMC in 2020 shows that the company's profits have turned positive. By the end of 2020, CIMC's operating cash flow has increased substantially, and its revenue and profit have reached record highs. This has also enabled CIMC to maintain a record of sustained profitability for the past 27 years. In the grim situation rarely seen in history, CIMC has tried to hand over an unexpected answer to shareholders.

The main business continued to lead, and the fourth 10 billion business segment was born.

In 2020, under the strategic theme of "Steady Operation and Quality Growth", all business segments of CIMC will work together with Qi Xin, a member company, to deepen their business, actively adapt to the new development pattern, tap CIMC's advantageous and promising industrial opportunities in China, focus on expanding the domestic market and take into account global market opportunities. All business segments actively responded to the impact of the epidemic and achieved rapid recovery and steady development after the epidemic.

The main business of CIMC continues to explore the market and maintain its leading position in the market. The market share of standard containers and major conventional special containers in the container field continued to rank first in the world, and the incremental business increased by 53% year-on-year; The railway special box increased by 265,438+09% year-on-year, and its market share remained the first in the industry. The global sales of semi-trailers in the whole vehicle sector totaled 13 1 3,27 vehicles, up by 1 1.57% year-on-year, maintaining the leading position in the industry.

Low temperature vehicle, medium pressure vehicle, low temperature tank, vehicle bottle, etc. In the Nenghua plate, we continue to maintain the position of champion product, and the spherical tank ranks first in the country. Tianda Holdings' boarding bridge products have ranked first in the world for many years. After becoming the largest fire truck group in China, the fire rescue business has achieved full coverage of regions and industries through domestic and international integration and coordination. The container throughput of the logistics sector is 654.38+500 million TEU, which continues to be the first in China. The annual container throughput of the station business is 5.7 million TEU, which still ranks first in the country under the influence of the epidemic situation.

According to the performance data, in 2020, CIMC container plate realized operating income of 22164 million yuan, up by 9.92% year-on-year, and net profit of198.7 million yuan, reaching the highest level in recent years.

In 2020, the CIMC vehicle sector (with CIMC vehicles as its main business) achieved a total operating income of 26.499 billion yuan, a year-on-year increase of 13.56%, a record high; The net profit was 65.438+26.9 million yuan.

In 2020, CIMC's energy, chemical and liquid food equipment businesses achieved operating income of 654.38+03.292 billion yuan and net profit of 360 million yuan. This business (with CIMC Anruike as the main business entity) is greatly affected by the industry periodicity and epidemic situation. The global market capacity of chemical tanks and boxes has dropped significantly, and the overall performance has declined, but the main products still maintain the leading position in the industry. Clean energy equipment, one of the three major businesses in this sector, achieved revenue of 7 billion yuan, up 2.7% year-on-year.

Airport/fire fighting/automatic logistics equipment business (with CIMC Tianda Holdings as its main business) achieved operating income of 6.089 billion yuan in 2020, up by 2.12% year-on-year; The net profit was 324 million yuan, a year-on-year increase of 28%.

In 2020, the operating income of the logistics sector exceeded10 billion yuan for the first time, reaching1063.6 billion yuan, a year-on-year increase of16.15%; The net profit was 266 million yuan, a year-on-year increase of 140.57%. Logistics service business has become the fourth largest business segment of CIMC, with revenue exceeding10 billion.

Affected by the COVID-19 epidemic, global oil production will experience the first negative growth in recent years in 2020. However, in that year, CIMC's offshore engineering business (with CIMC Raffles as the main business) achieved an operating income of 5.425 billion yuan, up by 20. 12% year-on-year, but there were still some losses. The growth of offshore income benefited from CIMC Raffles' continuous and active promotion of business transformation and layout. On the basis of consolidating the traditional oil and gas business, actively develop marine cultural tourism, marine new energy and other businesses. Vigorously develop deep-sea fishery and offshore wind power business, forming a unique business model.

In order to implement the strategy of "focusing on smart logistics equipment", in 2020, CIMC integrated a number of high-quality enterprises in the group, mainly focusing on small and medium-sized logistics vehicles, and set up a unit vehicle business segment (hereinafter referred to as "CIMC vehicles"), focusing on providing R&D, unit logistics vehicle manufacturing, leasing operation, packaging and other professional overall solutions for automobile, liquid chemical industry, rubber and other industries. In 2020, the newly established unit operator business of CIMC realized revenue of 3.036 billion yuan and net profit of 94 million yuan.

In addition to equipment manufacturing, CIMC also provides financial and asset management services to serve the development of various businesses of the Group. In 2020, CIMC's financial and asset management business achieved operating income of 265.438+78 billion yuan and net profit of 365.438+200 million yuan. The main business entities are CIMC Financial Leasing Company, CIMC Finance Company and Offshore Asset Pool Management Platform Company.

Expand the domestic market and promote the development of innovative products.

In 2020, while maintaining the competitive advantage in the global mainstream market, CIMC's main business will actively integrate into the new pattern of national "dual circulation" development, strengthen business development and product innovation in the domestic market, and make new breakthroughs continuously, and the proportion of domestic market revenue will continue to rise.

In 2020, CIMC's domestic market revenue in China was 56.729 billion yuan, up by 25. 18% year-on-year, accounting for 60.25% of the total revenue, exceeding the proportion of 52.8 1% in 20/9 years, indicating a rapid increase in domestic business revenue.

CIMC not only intensified the development of domestic market, but also made new breakthroughs in business development and product innovation. For example, Qingdao cold box air box was certified by the Civil Aviation Administration of China, which broke the monopoly of European and American enterprises on this product and filled the gap in this field in China; Nantong CIMC successfully delivered Qinghai fully integrated energy storage project, which indicates that this plate has the fully integrated delivery capability of this product; Yangzhou Tongli successfully developed and put into use the "Amphibious Storage and Transportation Shelter for Vaccines", which solved the global problem of ultra-low temperature storage and transportation of vaccines.

CIMC put forward four modules: upgrading product modules, perfecting lighthouse factory, starting marketing reform and promoting organizational development, which further enriched and developed the high-end manufacturing system. The business vigorously promotes product research and development that adapts to the "domestic big cycle" and continuously releases a number of new models. The tank lining processing workshop in Nenghua plate was put into trial production, which helped the localization of chip semiconductor industry and the development of domestic 5G technology; The food equipment business successfully acquired the British McMillan company, which made up the blank of distilled liquor project; The hydrogen energy business has established cooperation intentions or signed strategic agreements with Norwegian partners such as Hexagon and Baowu Group.

Tianda Holding Civil Aviation Association successfully delivered the world's first two-way pure electric car ferry and the world's first pure electric food vehicle. The logistics sector has successfully opened more than 20 international and domestic railway trains from Xiaogan to Northeast China and Xuzhou to Moscow. More than ten freight yard outlets will be built in Thailand, Malaysia, Ningbo and Lanzhou Railway Station. The delivery of a new round of first-made products such as offshore wind power jackets, booster stations and high-end equipment for deep-sea fisheries has accumulated the ability to land new business.

Capital operation helps strategic layout and innovation. Business momentum is good.

In June 5438+February 65438+August 2020, Shenzhen Capital Group strategically invested in CIMC, holding a total of 29.74% of CIMC shares, and officially became the largest shareholder of CIMC. This equity transfer is the most significant change in the equity structure since the listing of CIMC 1994, and it is a milestone in the development history of CIMC, which is of great significance to the future development of CIMC. After the completion of changes in equity, the long-standing mixed ownership governance structure of CIMC has not changed, and CIMC still maintains the market-oriented operation mechanism.

Capital operation is closely related to the strategic layout of Shenzhen Stock Exchange and CIMC. On the one hand, the State-owned Assets Supervision and Administration Commission of Shenzhen has further improved the layout of Shenzhen's high-end manufacturing in the fields of marine economic development, logistics, energy equipment and so on by investing in CIMC by Shenzhen Capital Group. On the other hand, CIMC started from Shekou, Shenzhen, and went to the world. This shareholding in Shenzhen Capital Group has strengthened the connection between CIMC and Shenzhen SASAC, which is conducive to CIMC's contribution to Shenzhen's "double-zone" construction with the help of new shareholders, and is conducive to CIMC's greater breakthrough in the new pattern of national "double-cycle" development.

In addition to the adjustment of CIMC's own shareholding structure, various business sectors and enterprises under CIMC have also made frequent moves in capital operation means such as listing and bidding. All business sectors and enterprises actively optimize the allocation of resources through the capital market, explore the transformation and upgrading of traditional manufacturing industries and high-quality development with the help of the east wind of the capital market, and promote the relevant business sectors and enterprises to integrate their business structures, improve operational efficiency, ease capital pressure, broaden financing channels and optimize corporate governance.

For example, CIMC increased its capital through Country Garden and introduced Qujiang Wentou strategic investment, which led to the second campaign. The shareholding ratio of CIMC in CIMC production city dropped to 45.92%, and CIMC production city became an affiliated company of CIMC. The success of CIMC enriches the net assets and cash flow of CIMC, which is conducive to accelerating the rapid development of CIMC and winning greater market share in the industry market competition. It is also one of the important measures for CIMC to promote the development strategy of "quality growth" and "business focus".

2065438+In July 2009, CIMC was officially listed on the Hong Kong Stock Exchange. In 2020, CIMC applied for listing on the Growth Enterprise Market of Shenzhen Stock Exchange, and its application has been examined and approved by the Growth Enterprise Market Listing Committee of Shenzhen Stock Exchange, and is currently waiting to be submitted to the China Securities Regulatory Commission for registration.

CIMC Anruihuan Technology Co., Ltd., a subsidiary of CIMC Anruike, has obtained the consent of the Hong Kong Stock Exchange on the proposed split, and plans to list on the A-share market independently.

At the beginning of 2020 10, CIMC began to privatize CIMC Tianda. 202 1 1 25 CIMC Tianda has officially withdrawn from the listing status of the Hong Kong Stock Exchange.

In addition to the equity adjustment and capital operation of the Group and major business sector enterprises, innovative enterprises under CIMC have also made great breakthroughs in this respect. A number of innovative enterprises under CIMC have been continuously recognized by external market-oriented investment, and the war-leading work has achieved initial results. For example, CIMC cold chain technology, trailer gang and Jingxin Xiangneng have successfully introduced external strategic investors, which greatly enhanced the equity value of related innovative enterprises.

Around the cold chain business, the innovative enterprises launched by CIMC in recent years have a good development momentum. Among them, CIMC cold chain technology business performed strongly, gradually covering the "first" and "last" kilometers of cold chain logistics industry; CIMC, a subsidiary of Jingxin Xiangneng, completed the temperature-controlled transportation of COVID-19 vaccine at home and abroad with high standards, and became the first batch of key contact enterprises for vaccine transportation in COVID-19 announced by the Ministry of Communications; Xiao Feiyu became the only designated partner of Jingdong Logistics Southeast Asia Cold Chain.

In 2020, CIMC's innovation business has shown a good development momentum as a whole, and the total income of innovative enterprises in the group and various sectors has achieved great growth. In addition to the cold chain business, the sales revenue of CIMC modular buildings (including design institutes) doubled, turning losses into profits year-on-year, and innovative enterprises such as CIMC Tongchuang/Huijie, CIMC Security, Trailer Gang and CIMC Blue also made great business progress.

Looking back to 2020: CIMC has formed a multinational industrial cluster with logistics and energy industries as the mainstay.

According to the report, through business expansion and technology development, CIMC has formed an industrial cluster focusing on key equipment and solutions in the logistics and energy industries.

First of all, in the field of logistics, CIMC still insists on container manufacturing business as the core, road transport vehicle business as the extension, airport, fire fighting and automatic logistics equipment business as the extension, logistics service business as the support, and unit carrier business as the supplement, providing first-class products and services for modern transportation logistics.

In the field of energy industry, on the one hand, CIMC develops energy, chemical industry and liquid food equipment business based on land energy; On the other hand, marine energy is the starting point of marine engineering business, including the development of traditional marine oil and gas and marine renewable energy.

Outlook 20021:embark on a new journey of "second pioneering" and realize sustained and quality growth.

According to the report, looking forward to 20021,CIMC will adhere to the strategic positioning of "manufacturing+service+finance", continue to promote business transformation and upgrading, take customer demand as the guide, extend from manufacturing to service, focus on the main business and optimize the industrial structure; Continuously improve global business capabilities, optimize business and assets, accelerate industrial agglomeration, and cultivate industrial chain advantages; Constantly innovate in technology upgrading, business model and management mechanism to control risks; Strive to grasp market changes, lay out emerging industries and innovative businesses, and achieve sustained and quality growth.

202 1 year is the100th anniversary of the founding of China * * * Production Party, the first year of China's 14th Five-Year Plan, and the first year of CIMC people embarking on a new journey of "second pioneering". Taking Shenzhen Capital's shareholding in CIMC as a new starting point, CIMC is in a critical period of transformation and upgrading and new strategic planning.

In 20021year, CIMC will seize the historic opportunity of Shenzhen's "two districts" construction, adapt to the new pattern of national "double circulation" development, respect the times, respect the market, tap the potential of the domestic market, carry forward the spirit of the special zone, resolutely implement the business-oriented development mode, comprehensively improve the completion rate of contract implementation, think actively and act quickly, and make contributions to the world.