CIMC adjusts 2025 guarantee plan amid strong performance

China International Marine Containers (Group) Co., Ltd. (CIMC) announced adjustments to its 2025 guarantee plan quota, maintaining the total guarantee amount at RMB 85 bn and the special guarantee limit at RMB 28 bn. The company adjusted guarantees for subsidiaries within its consolidated financial statements, including financial institution credit, financing, and project guarantees. For companies with a debt-to-asset ratio above 70%, the guarantee limit remains RMB 19 bn, while for those below 70%, it increased from RMB 2.8 bn to RMB 3.2 bn.

These adjustments follow positive financial performance for the first half of 2025, with net profit attributable to shareholders increasing by 47.63% to RMB 1.278 bn, despite a 3.82% decrease in operating revenue to RMB 76.09 bn. The company also reported a decrease in impairment provisions, with a total provision of RMB 455.665m for the first half of 2025, primarily due to credit impairment losses on accounts receivable. CIMC is also actively repurchasing H-shares, with cumulative repurchases totaling HK$56,240,385 as of the announcement date.