Financial Highlights:
Revenue for the first half of 2026 increased by 2.0% year-on-year (“YoY) to RMB12.87 billion
Net profit attributable to shareholders amounted to RMB517 million, with basic earnings per share of RMB0.246
Revenue of the Clean Energy and Chemical and Environmental segments increased by 8.2% and 16.0% YoY, respectively
Newly signed orders for the first half of 2026 amounted to RMB13.71 billion, representing a YoY increase of 27.7%; backlog order as at the end of June amounted to RMB31.77 billion, representing a YoY increase of 8.9%
Newly signed orders rose substantially across all three business segments—Clean Energy, Chemical and Environmental, and Liquid Food—up 18.3%, 54.3% and 108.4% year-on-year to RMB10.61 billion, RMB1.66 billion and RMB1.44 billion, respectively.
(25 August 2026, Hong Kong) – CIMC Enric Holdings Limited, a global leader in clean energy key equipment manufacturing, core process technologies, and integrated services, along with its subsidiaries (collectively, "CIMC Enric" or "Group") (stock code: 3899.HK), is pleased to announce its unaudited interim results for the six months ended 30 June 2026 (the “Period”).
Mr. Yang Xiaohu, Executive Director and President of CIMC Enric, said, “In the first half of 2026, in the face of fluctuations in the natural gas market, changes in the global trade environment and adjustments in customers’ investment pace, CIMC Enric remained operationally resilient and achieved moderate revenue growth. The Clean Energy segment continued to strengthen its capabilities around key equipment, core processes and integrated services. Its coke oven gas integrated projects extending from the domestic market to overseas markets, while the offshore clean energy business maintained a strong order backlog.
The Chemical and Environmental segment benefited from recovering demand for tank containers and made progress in its high-end medical imaging equipment and intelligent equipment businesses during the Period. In the Liquid Food segment, investment by traditional beer and spirits customers remained prudent, while new growth opportunities emerged in areas including non-alcoholic beverages, Ready-To-Drink (“RTD”) beverages, biopharmaceuticals and solid-state fermentation.”
Operational Performance
In the Clean Energy segment, revenue increased by 8.2% YoY to RMB10.42 billion, accounting for 81.0% of the Group’s revenue; newly signed orders amounted to RMB10.61 billion, representing a YoY increase of 18.3%, while backlog orders amounted to RMB27.76 billion, representing a YoY increase of 10.1%.
During the Period, the Group continued to focus on the key equipment and core processes businesses in the Clean Energy segment, with domestic and overseas businesses advancing in tandem: overseas markets in Africa, Southeast Asia and the Americas continued to make breakthroughs, with revenue and new orders from onshore businesses both recording double-digit YoY growth; the domestic market benefited from strong demand for LNG storage and transportation, with a significant increase in related new orders. In addition, the Group’s newly signed orders for LNG tank trucks during the Period reached a record high, sales volume of intelligent hardware for cryogenic equipment increased YoY, and the Coriolis mass flow meters completed development and achieved batch orders. New orders for commercial aerospace-related businesses amounted to RMB180 million, representing a significant increase of more than 1.5 times YoY. The Group made considerable business progress in cutting-edge business areas including commercial aerospace, semiconductors, AI computing power and off-grid distributed power generation.
In terms of core processes – offshore clean energy, revenue increased by 16% YoY to RMB3.55 billion during the Period, while new orders amounted to RMB4.54 billion, representing a YoY increase of 40.1%, and backlog orders amounted to RMB19.85 billion, representing a YoY increase of 17.0%, with shipbuilding orders scheduled through 2029. The Group secured eight new shipbuilding orders, including two 20,000 cubic metre LNG bunkering vessels and an order for 1+1 20,000 cubic metre LNG bunkering vessels. During the Period, the Group delivered China’s first core liquid cargo system for a multi-purpose liquefied gas vessels, reducing manufacturing costs by approximately 30% to 40%. In addition, the Group’s “LNG tank swap” refuelling mode also achieved large-scale implementation, with the first batch of clean energy vessels capable of tank-swapping in China successfully launched.
In terms of integrated services, the Guizhou Liupanshui steel-coke integration project commenced production at the end of June 2026, and upon reaching designed capacity, it is expected to produce approximately 147,000 tonnes of LNG and 24 million standard cubic metres of high-purity hydrogen annually. The three coke oven gas integrated projects that have commenced production have a combined annual production capacity of 420,000 tonnes of LNG, 80,000 tonnes of blue ammonia and 48 million standard cubic metres of high-purity hydrogen; the Group’s profit from coke oven gas integrated projects increased by more than two times YoY in the first half of the year. During the Period, the Group signed its first overseas project with Tsingshan in Indonesia and a Pangang project in China, while the first phase of the Zhanjiang green methanol project operated steadily. New orders for the hydrogen business amounted to RMB470 million, with backlog orders of RMB330 million; delivery volume of 30MPa hydrogen tube bundle containers increased by 17.0% YoY, and two large-scale skid-mounted hydrogen pipeline compressors were delivered.
In the Chemical and Environmental segment, revenue increased by 16.0% YoY to RMB1.29 billion, accounting for 8.8% of the Group’s revenue; CIMC Safeway secured new orders of RMB1.66 billion, representing a YoY increase of 54.3%, with backlog orders of RMB1.57 billion, representing a YoY increase of 86.8%. The Group further consolidated its core tank container business and provided cleaning, repair, periodic inspection, storage and Internet of Things information services around chemical logistics. In terms of high-end equipment, the Group continued to increase production capacity for key components of high-end medical imaging equipment and advanced process research and development in areas including precision copper welding and surface treatment.
In the Liquid Food segment, affected by insufficient backlog orders at the beginning of the Period and prudent capital expenditure by traditional beer and spirits customers, revenue of the segment decreased by 38.3% YoY to RMB1.16 billion; however, new orders during the Period increased by 108.4% YoY to RMB1.44 billion, with backlog orders of RMB2.44 billion. During the Period, new projects included a turnkey project for a Japanese brewery, a raw material handling solution for solid-state fermentation in China and a whisky distillery project, as well as tank and process technology projects in the United Kingdom, Türkiye and other regions. The segment continued to expand into the areas of non-alcoholic beverages, RTD beverages, biopharmaceuticals and solid-state fermentation.
Outlook
Mr. Gao Xiang, Chairman of CIMC Enric, said, “The Group will continue to develop ‘key equipment + core processes + integrated services’, advance the replication of projects including hydrogen production and LNG co-production from coke oven gas and biomass green methanol, and strengthen its capabilities in related equipment, processes and integrated solutions for hydrogen energy, green methanol and green ammonia. Offshore clean energy will leverage its order backlog to advance vessel delivery and the green upgrade of inland waterway transportation. The Chemical and Environmental segment will consolidate its capabilities in tank containers and full life-cycle services, and develop businesses in high-end medical equipment , intelligent equipment, new materials and new processes. The Liquid Food segment will maintain its foundation in the beer and spirits businesses, expand into applications including non-alcoholic beverages, RTD beverages, bio-pharmaceuticals and solid-state fermentation, and enhance its digitalisation, service capabilities and global delivery capabilities.”
