Cimc energy storage ipo

What is CIMC Enric Holdings Limited?

CIMC Enric Holdings Limited is a company that provides transportation, storage, and processing equipment for the clean energy, chemicals, environmental, and liquid food industries worldwide (...). Return vs Industry: CIMC Enric Holdings Limited's stock 3899 underperformed the Hong Kong Machinery industry, which returned 5.2% over the past year.

Why is CIMC a good investment?

With established strategic parts (businesses), not only well networked across China but on global scale, CIMC is able to move in markets quickly it sees lucrative opportunities; therefore we see tremendous growth opportunities in cold chain, both domestically and overseas. In the long run, the development trend of new energy is unstoppable.

What is CIMC Enric's brewing equipment market value?

In the next five years, the CAGR is expected to be around 22%, reaching a market value of nearly RMB 100 bln. Sources: China International Marine Containers Note: Diversified Metal Engineering (DME), a Canadian craft brewing equipment supplier, acquired by CIMC Enric in 2019.

Does CIMC group have a non-container business?

Meanwhile, with about 20 years diversification efort, CIMC Group has grown non-container businesses significantly, which hasn’t been generally known to the investors. As of 2021, CIMC’s container manufacturing business has total revenue about RMB 66 bln, but its non-container business achieved total revenue about RMB 97.7 bln.

What is CIMC Enric doing with IoT technology?

In conjunction with these spectacular revenue CIMC Enric has deployed the application of IoT technology on tank containerization life-cycle (durability), equipped with intelligent sensors for temperature controls, pressure controls, and loading. Other smart features include tracking and monitoring on hazardous chemical containers.

Will CIMC Safeway Technologies IPO raise RMB 1 bln?

The IPO is expected to raise RMB 1 bln. At present, CIMC Safeway Technologies' tank containers are mainly used in the multimodal transportation on sea, land and rail for global chemical companies from Europe, Asia, North America and other regions ranking it first by market share for many consecutive years.