Annex 5:
Format of investor relations activity record form
China International Marine Containers (Group) Co.Ltd(000039) investor relations activity record
No.:
□ specific object research □ analyst meeting
□ media interview □ performance briefing
Category of investor relations activities □ press conference √ roadshow activities
□ site visit
□ others
LianBo alliance Bernstein Zheng Lili (Senior Vice President – Senior Analyst)
Name of participating unit and personnel: LianBo alliance Bernstein Xu Xiaolan (Analyst)
Time: 3:30-5:00 PM, December 14, 2021
Location China International Marine Containers (Group) Co.Ltd(000039) headquarters
Wu Sanqiang, Secretary of the board of directors
China International Marine Containers (Group) Co.Ltd(000039) he Linying, securities affairs representative of the Secretary Office of the board of directors
China International Marine Containers (Group) Co.Ltd(000039) board secretary Wu Na, senior manager of investor relations
Name of the receptionist of the listed company Zhong Yingxin, deputy director of the Secretary Office of the board of directors and director of investor relations of zhongji’an Ruike he Yiting, media and public relations manager of the Secretary Office of the board of directors of zhongji’an Ruike
Hou Haowen, investor relations manager of the Secretary Office of the board of directors of CIMC Enrico
1. New energy business layout of China International Marine Containers (Group) Co.Ltd(000039) ?
A: CIMC’s development strategy for the next three years has clearly put forward the two themes of focusing on logistics equipment and clean energy. Under the background of double carbon strategy, the group is actively arranging the main contents of investor relations activities, including new energy related businesses.
1) In terms of natural gas, jianruike, the holding subsidiary of the company, is the leader in the introduction of key equipment, storage and transportation equipment.
2) In terms of hydrogen energy, CIMC Enrico has entered the hydrogen energy industry for about 15 years, and its products and services involve hydrogen storage, transportation and filling core equipment. CIMC Enrico is currently the main manufacturer of hydrogen storage and transportation equipment in China. In 2021, it established a joint venture with Angang to start the joint hydrogen production project of coke oven gas to LNG; Joint venture with hexagonpurus, which will be China and East Asia
Provide storage and transportation solutions to the rapidly growing market demand for high-pressure hydrogen storage and transportation in South Asia. 3) In terms of wind power, CIMC offshore has made great efforts to promote offshore wind power and provide a one-stop service of “equipment + operation and maintenance + finance”. CIMC raffles, the company’s holding subsidiary, has successfully developed an integrated integration scheme of “wind farm + pasture” and “complementary wind and fishery” for self installing booster station and converter station, large-scale wind turbine offshore wind power installation ship and maintaining the harmonious development of marine ecology, And floating wind power equipment and other products representing the future technical direction of offshore wind power. Recently, CIMC Raffles and its strategic partner Siemens Energy Co., Ltd. jointly developed 300MW and 500MW variable capacity prefabricated modular offshore substation (PMOS) solutions, which have obtained the certificate of approval in principle issued by China Classification Society (CCS) (AIP), which indicates that this solution has the technical ability to officially launch to the market and receive orders, and provides a new power grid access scheme for offshore wind farm developers. 4) in terms of new energy vehicles, the group’s heavy truck business has the relevant qualification of new energy vehicles. Recently, we also pay close attention to the application of hydrogen energy in the field of commercial vehicles, And conduct in-depth research and discussion. 5) In addition, a number of businesses of the group are also contributing to the development of the new energy industry. The subsidiary Cimc Vehicles (Group) Co.Ltd(301039) is linked with the main engine plant to cooperate in the research and development of new energy special vehicles; 6) The subsidiary Zhongji vehicle also provides recycling vehicles for new energy power batteries. 2. China International Marine Containers (Group) Co.Ltd(000039) advantages and development plan in hydrogen energy? Answer: China International Marine Containers (Group) Co.Ltd(000039) the research and development of hydrogen storage and transportation started early and has technical advantages. Since 2006, CIMC Enrico has been involved in hydrogen storage and transportation business. In 2010, 45MPa (MPA) hydrogenation vehicle and hydrogen storage bottle group of hydrogenation station were provided for Shanghai World Expo; in 2011, 45MPa hydrogenation vehicle and hydrogen storage bottle group of hydrogenation station were provided for Shenzhen Universiade, and China’s first 300m was developed ³ High vacuum multi-layer structure liquid hydrogen storage tank; In 2013, it successfully undertook the 863 project of liquid hydrogen equipment of the Ministry of science and technology, and successfully delivered 300m ³ Liquid hydrogen storage tank to Hainan Wenchang satellite launch base; In 2017, the development of 35MPa type III on-board hydrogen cylinder was completed and the development of 45MPa hydrogen compressor was started; In 2018, participated in the construction of China’s first 70MPa hydrogenation station under the National 863 project, and designed and manufactured 87.5mpa wound large volume hydrogen storage container to fill the gap in China. In recent years, we have also closely followed the development trend of the industry and become one of the main suppliers of the third generation hydrogen storage bottles. At the same time, we also have hydrogen tube bundle transport vehicles, hydrogen storage bottle groups of hydrogenation stations, hydrogenation vehicles, liquid hydrogen storage tanks, diaphragm compressors, hydrogenation machines, etc. We have been laying out and deepening the industrial chain of hydrogen energy storage and transportation. CIMC Enrico established a joint venture with Norway hexagon purus in the solution of compressed hydrogen this year, involving the production of type III and type IV on-board hydrogen storage bottles and hydrogen supply system; It has established a joint venture with Angang Energy Technology Co., Ltd. to start the joint hydrogen production project of coke oven gas to liquefied natural gas (LNG) and enter the hydrogen production link, which has the characteristics of large resource potential and low cost. At the same time, China International Marine Containers (Group) Co.Ltd(000039) also has heavy truck business. Recently, we also pay close attention to the application of hydrogen energy in the field of commercial vehicles and conduct in-depth research and discussion.
As far as CIMC Enrico is concerned, in the development planning of hydrogen energy, it will focus on key equipment, achieve industry leadership, implement the champion product strategy, actively create demonstration applications, open up the industry and close the ecological loop. Hydrogen production: cooperate with unconventional gas resources, take natural gas and coke oven gas as the starting point, carry out relevant process research and development and equipment manufacturing such as hydrogen production and purification; Focus on other hydrogen production technologies and business development. Construction of hydrogenation station: strengthen the market development of hydrogenation station and explore a new business model for the construction and operation of hydrogenation station.
Storage and transportation equipment: vigorously develop the production and continuous research and development of existing hydrogen storage and transportation equipment, and is a leading supplier of hydrogen storage and transportation equipment in China; Further expand the development of type III on-board hydrogen storage bottle; Introduce type IV bottle technology partners.
On board hydrogen supply bottle and hydrogen supply system: realize supporting cooperation with vehicle enterprises with technical advantages. Distributed hydrogen energy storage application: comprehensive application and demonstration of building hydrogen cogeneration. 3. Energy storage related business? A: in the first three quarters of 2021, the group’s container integrated equipment business continued to grow, but the growth slowed down due to factors such as epidemic situation and production capacity. The group further increased investment in integrated equipment technology and talent reserve to reserve core competence for future business development. At present, the energy integrated equipment business mainly focuses on new energy transformation equipment, power generation equipment, electrochemical energy storage equipment, energy operation and maintenance equipment and new energy charging and replacement equipment. Among them, new energy transformation and energy storage equipment are the key business development direction of the container sector in the future. In the future, the integrated equipment business will continue to work in the energy field, further deepen cooperation with leading customers in the energy field, strengthen investment in technology R & D, quickly improve product competitiveness, and actively explore new “container +” application fields. 4. Layout and development of cold chain business answer: China International Marine Containers (Group) Co.Ltd(000039) is a global high-end cold chain equipment technology enterprise. It is arranged in the key links of cold chain logistics. Its main business is cold chain equipment manufacturing and cold chain logistics services. At present, it has competitive advantages in the fields of cold box, cold car and mobile cold storage: the technology and sales of refrigerated container and refrigerated semi-trailer are leading in the world; Mobile cold storage is the first in China and the world leader; Successfully developed China’s first aviation cold box, breaking the monopoly of European and American equipment; The independently developed medical incubator adopts unique production process combined with phase change ice platoon technology. The vaccine temperature control transportation box is exported to the United States to help the vaccine transportation of covid-19 vaccine manufacturers in six major China.
Recently, the 14th five year plan for the development of cold chain logistics was released, which has a policy role in promoting the group’s cold chain business. In terms of development: food cold chain: in terms of equipment manufacturing, the group’s mobile cold storage business focused on the first and last kilometer of domestic cold chain food consumption. On the one hand, fresh e-commerce customers were added in the first half of the year, on the other hand, pilot and promotion of field pre cooling, quick freezing and temporary storage were carried out, resulting in significant business growth; In terms of cold chain services, the group’s cold chain logistics business has the ability to provide end-to-end services for the cold chain in Southeast Asia. The cross-border transportation business of cold chain logistics is equipped with CIMC carrier recycling packaging, combined with durian packaging boxes and coconut green packaging boxes independently developed by the group, which effectively reduces the loss of fruits during transportation, greatly reduces the use of disposable cartons, and has the performance of green, environmental protection and fresh preservation, In the first half of this year, the operating revenue of multimodal transport of imported fruits for cross-border fresh transportation reached a new high. The group has also independently built a relatively mature cold chain logistics information platform, combined with the use of the group’s own cold box and hardware supporting tracking facilities to realize the temperature monitoring and remote adjustment of food in the whole cold chain logistics process, so as to ensure food safety and traceability. In terms of pharmaceutical cold chain: the products developed by the group in the early stage continue to be recognized by the market, Transportable cryogenic (vaccine) containers have broken through a variety of ultra-low temperature materials and processes and refrigeration technology, and have been delivered in batches. In addition, in the first half of this year, the group continued to invest in the research and development of cold chain equipment, established a cold chain technology research institute, and approved the research and development of cold storage chillers, new energy refrigerated containers, phase temperature coupling boxes, self killing materials and applications. The group is committed to equipment innovation, science and technology Drive to bring fresher global food to consumers.
Recently, CIMC cold chain combined mobile cold storage won the “2021 Chinese Innovation Award”, and CIMC cold cloud was strongly shortlisted in the top 20 list by virtue of its high-quality medical device cold chain transportation service strength in 2021, which was recognized by the industry.
5. Future prospects of container manufacturing industry.
A: the core factors affecting the fundamentals of container manufacturing mainly come from three aspects: 1) whether the demand is growing; 2) Downstream financial situation, i.e. the financial health of the container shipping company and capex expansion plan; 3) Whether there will be a black swan incident.
Specifically:
1) In terms of demand, according to the data of the North American retail chamber of Commerce, the retail inventory ratio in September was still low at about 1.09, while it was higher than 1.4 before the epidemic; The supply chain crisis caused by the epidemic in North America may change retailers’ purchasing habits, and the retail inventory ratio in the future may be higher than the previous normal situation.
2) The financial situation of the container transportation company hit a record high in 2021. Drury predicted that the profit of the global container transportation industry would reach 150 billion US dollars in 2021, setting a new historical record; In 2022, the market is still optimistic that the container transportation company has a stable profitability.
3) The black swan incident has had two major impacts in the history of containers. One is
