(Stock code: 3899.HK)

CIMC Enric's Nantong Cimc selected for the fifth batch of National SRDI "little giants" enterprise

CIMC Enric (Hong Kong stock code: 3899.HK) are pleased to announce its subsidiary, Nantong CIMC Energy Equipment Co., Ltd ( "Nantong Cimc"), has been successfully selected by the Ministry of Industry and Information Technology for the fifth batch of specialized, refinement, differential and innovation (“SRDI”) "little giants" enterprises. Nantong Cimc, representing the energy equipment industry, has earned this prestigious national recognition as a specialized, special and new enterprise. Notably, this marks the third enterprise under CIMC Enric for receiving such an esteemed award, following Enric (Bengbu) Compressor Co. and Shijiazhuang Enric Gas Equipment Co., Ltd.

In recent years, China has accorded great importance to developing and promoting SRDI enterprises, with remarkable progress in enhancing their competitiveness and strengths within the industrial foundation."SRDI” refers to small and medium-sized enterprises (SMEs) characterized by "specialization, refinement, differential and innovation". The designation of national-level SRDI "small giants" enterprises is the highest and most authoritative honorary title for evaluating SMEs. These enterprises are market segment leaders with strong innovation capabilities, high market share, mastery of key core technologies, and excellent efficiency and quality. Moreover, they play a pivotal role in supporting the development of the national industrial chain and serve as a driving force for a robust and complementary chain within the industry, setting an exemplary standard for economic growth.

As a leading enterprise specializing in energy equipment R&D and manufacturing under CIMC Enric, Nantong Cimc has been committed to delivering reliable products and improving service quality for its valued customers since its establishment. It has long focused on the clean energy storage and transportation equipment sector and has various high-tech and high-market-share products, leading the global market in multiple segments, such as low-temperature tank containers and small low-temperature storage tanks. With years of accumulation and precipitation, Nantong Cimc now holds multiple core independent intellectual property rights and has led the development of over 10 national and industry standards. Nantong Cimc has received numerous accolades, including "National High-tech Enterprise", "Jiangsu Province Green Factory", "Jiangsu Enterprise Technology Center", and "Jiangsu Industrial Design Center". In December 2022, Nantong Cimc was recognized as a provincial-level SRDI. The latest award as a national-level specialized and innovative "little giants" enterprise is a testament to its specialization, research capabilities, industry influence, and overall strength.

CIMC Enric boasts 14 high-tech member enterprises responsible for the research and development of key equipment and safety in the production, storage, transportation, and refeulling of liquid hydrogen, as well as the key technologies for risk prevention and control for mobile pressure vessels and other special equipment. These enterprises have undertaken many national key research and development programs, and they hold 15 PCT international patent layouts, 39 global patent applications, over 1,400 domestic authorized patents, and over 170 invention patents. They have also participated in developing or revising 27 national standards and 36 industry standards in pressure vessels, hydrogen energy, and beyond. 

The ongoing recognition of CIMC Enric’s subsidiaries as national-level SRDI "little giants” enterprises demonstrates the Company’s leading position in the clean energy equipment industry. In the future, the Company will adhere to its strategic planning, addressing national demands and industry gaps while leveraging CIMC’s strengths. In response to meet new challenges and demands under the "dual carbon" goal, CIMC Enric will strive to overcome key technological challenges and continuously improve its overall competitiveness. The Company will provide customers with full-lifecycle services and systematic solutions. CIMC Enric will also maintain its focus on its core business, strengthen innovation, and foster more SRDI "little giants" enterprises, thus contributing significantly to the high-quality development of China's clean energy equipment industry.