CIMC Enric (03899.HK) Net profit for 2025 was 1.172 billion yuan, up 3.7% year-on-year

Gelonghui March 24 — CIMC Enric (03899.HK) announced its 2025 annual results. In 2025, the recovery of the Chinese economy and favorable government policies stimulated steady growth in the group’s clean energy division. Meanwhile, slowing demand for tank containers and a decrease in new orders negatively impacted the group’s chemical environmental division and liquid food division. As a result, the group’s consolidated revenue for 2025 increased by 6.3% to RMB 26.326 billion, a year-on-year rise of 6.3%. Profit attributable to equity holders was RMB 1.172 billion, up 3.7% year-on-year. Basic earnings per share were RMB 0.561, and the board recommended a final dividend of HKD 0.31 per ordinary share for 2025.

The group’s total new signed orders in 2025 reached RMB 26.294 billion, with outstanding orders as of the end of 2025 amounting to RMB 29.748 billion. In 2025, LNG prices remained stable, with the gas-to-oil ratio maintained at a low level of 0.6. Coupled with domestic subsidies for LNG heavy trucks, inland river ships, and other old-for-new policies, as well as the promotion of international shipping green transformation, demand for LNG in water and land transportation and power generation increased. CIMC Enric’s products such as LNG vehicle cylinders, inland river ship LNG power packs, LNG bunkering ships, LNG marine fuel tanks, and modular smart low-carbon energy stations saw strong demand. The new orders in the clean energy division reached a record high of RMB 22.229 billion, a year-on-year increase, and outstanding orders as of December 2025 totaled RMB 26.283 billion.

Among these, new orders for marine clean energy business amounted to RMB 10.638 billion, with outstanding orders as of the end of 2025 at RMB 19.141 billion. Shipbuilding orders have been scheduled through 2028, further consolidating the group’s leading position globally in LNG bunkering ships and LNG fuel tanks. The ample backlog of orders also laid a foundation for future growth. The hydrogen energy business had new orders of RMB 745 million in 2025 and outstanding orders of RMB 206 million as of the end of 2025.