CIMC VEHICLES GROUP

Company Description

China International Marine Containers (Group) Ltd. (CIMC), fixes the mission to be customers' partner for modern transportation. CIMC is dedicated to manufacturing and supplying containers, trailers, tank equipment and airport facilities. Currently, CIMC owns RMB 54.13 billion total assets, RMB 16.22 billion net assets, RMB 51.77 billion annual sales and RMB 3.68 billion net profits in 2010, having over 150 subsidiaries and 63, 000 staff across China, North America, Europe, Asia and Australia. CIMC was founded in January 1980 in Shenzhen and has been listed in Shenzhen Stock Exchange since 1994. Today, the main shareholders are COSCO and China Merchants Holdings. With 20 years continual development, CIMC has become the global leading enterprise in multi-industries based on China mainland. In 2007, CIMC brand was honCIMC VEHICLES GROUPed A Chinese World-Famous Brand by General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China. In 2008, CIMC ranked No.49 of Global Most Competitive Chinese Companies, No.39 of Chinese State-owned Listed Enterprises Social Responsibility and No.40 of Top 500 Most Valuable Brands in China. CIMC was listed No.1397 of Top 2000 World Leading Companies by Forbes in 2009 and No.128 of 2010 Chinese Top 500 Companies by FORTUNE China in 2010. Vehicles: CIMC has over 1000 lines of products in 11 series, including container chassis, flatbed trailer, bulk lorry, tanker, self-dumper, reefer trailer, van, curtain side trailer, mixer, pump truck, car carrier vehicle, fire engine, sanitation vehicle, etc. With the annual output capacity of over 200 thousand units, it now takes the leading position in the world. Up to today, the Group has established 22 production bases, 24 4S stores and more than 400 service stations throughout North America, Thailand, Mid-China, East China, South China, North China, Northwest China and Northeast China. With renowned production in US and Japan markets, it has formed the industrial layout with reasonable distribution and mutual support in Sino-US interaction and Sino-Europe interaction. In 2010, CIMC heavy duty truck project was officially put into production.