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CIMC Enric Wins Bids for 10,000-tons Baijiu Production Line Intelligent Transformation Project of Shanghai Guijiu Will Help Construct Gaojiang Meili Factory

The Company together with its subsidiaries (the “Group”) (Stock Code: 3899.HK) is pleased to announce that the Company’s subsidiary CIMC Liquid Process Technology Co., Ltd won the bid for the Gaojiang Meili Factory Project of Guizhou Gaojiang Jiuye Co., Ltd. ( “Gaojiang Jiuye”), a subsidiary of Shanghai Guijiu Co., Ltd. ( “Shanghai Guijiu”). CIMC Enric will manufacture and install stainless steel tanks for use in the project.

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Client News

CIMC Enric and Templewater Sign Strategic Cooperation Framework Agreement To create a comprehensive hydrogen solution for public transport in Hong Kong

The Company together with its subsidiaries (the “Group”) (Stock Code: 3899.HK) is pleased to announce today that the company has signed a strategic cooperation agreement (the “Agreement”) with Templewater Group (“Templewater”) to conduct in-depth cooperation covering green hydrogen production, refueling and application to expand the various applications for hydrogen energy. This partnership will develop Hong Kong’s first pilot applications for hydrogen fuel cell double-decker bus and an integrated hydrogen production and refueling station to jointly expand the city’s hydrogen energy market and create a comprehensive hydrogen energy solution for public transport.

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Client News

CIMC-HEXAGON signs a MOU with Bravo Transport Services To develop type IV hydrogen storage cylinder systems for hydrogen fuel-cell double decker buses in Hong Kong

The Company together with its subsidiaries (the “Group”) (Stock Code: 3899.HK) is pleased to announce that CIMC-HEXAGON Hydrogen Energy Systems Limited (“CIMC-HEXAGON”), a joint-venture company of CIMC Enric and Hexagon Purus producing hydrogen cylinder and systems solutions for mobility applications in China and Southeast Asia, has signed a Memorandum of Understanding (“MoU”) with Hong Kong-based bus operator Bravo Transport Services Limited (“Bravo”),

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Client News

CIMC Vehicles’s “Vanguard Trailer Rental” Completes Series A-round Financing of Over RMB 100 Million To Create a Standardized, Intelligent Trailer Pool for Sharing of Drop and Pull Transportation and Logistics Equipment

The Company is pleased to announce that its controlling subsidiary, Vanguard Trailer Renta has completed its Series A-round financing, attracting over RMB 100 million. This round of financing will be utilized to finance the development of Vanguard Trailer Rental’s existing businesses, replenish working capital, and expedite the promotion of its business model.

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Client News

CCMGT (9982.HK) Outperformed Four Core Operational Indicators for 2021, Net Profit and Revenue Increased 13%, Dividend Payout Ratio Reached 65%

The Company announced its annual results for the 12 months ended 31 December 2021. Benefited from the fact that China achieved economic growth, continuous improvement in the management standards of property developers in China and the “Greater Central China” strategy of the Company, the revenue of the Company increased 13.0% to RMB1,300 million as compared to 2020. Net profit amounted to RMB770 million, representing an increase of 13.0% as compared with the last year. Net profit margin was 59.2%. The earnings per share increased RMB1.42 cents to RMB24.39 cents. The Board of Directors declared a final dividend of HK9.90 cents (equivalent to RMB8.09 cents) per share for the year ended 31 December 2021.

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Client News

Baguio (1397.HK) Awarded EPD Service Contract to Provide Recyclable Food Waste Collection Services in Kowloon District

The Company has been awarded a service contract by Hong Kong’s Environmental Protection Department for the provision of recyclable food waste collection services in Kowloon District. Baguio will collect recyclable food waste from widespread locations including shopping malls, cooked food centres, wet markets, hotels, restaurants, hospitals, elderly centres, commercial and residential buildings and government premises.

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