Zhongji Group: The dual recovery of freight rates and demand is directly transmitting to the container manufacturing end, which is currently scheduled for production until the end of October.

Recently, CIMC Group stated at a roadshow that in the first quarter, the container business experienced a decline in both volume and price compared to the same period last year, resulting in a year-on-year decrease in both operating revenue and net profit for this segment. However, since entering the second quarter, a dual recovery in freight rates and demand has directly translated to the container manufacturing sector, leading to a rebound in industry demand, with production schedules already extending to the end of October. Overall for this year, the container segment's performance is still under pressure compared to last year, influenced by the high base from last year and the cost pressures from rising material prices. Nevertheless, the emerging businesses cultivated by the container segment, such as container energy storage, modular buildings, cold chain logistics, and modular data centers, are actively being developed and growing rapidly, which will contribute significant incremental gains to the container segment.