（stock code：3899.HK）

Advanced intelligent manufacturer in

clean energy industry

2021.041

01

01About Us

2

About CIMC ENRIC

3

A global business

conglomerate

Containers Vehicles Energy, Chemical

and Liquid Food

Offshore

Engineering

Airport

FacilitiesFinanceLogistic

Service

Leading intelligent equipment manufacturer

in clean energy industry

Clean Energy ┃ Chemical & Environmental ┃ Liquid Food

Stock code: 000039.SZ / 2039.HK)

(Stock Code: 3899.HK)

Global Market Expansion with Root in China

4

Clean Energy

4.45B（56%）

Chemical &

Environmental

1.52B（19%）

Liquid Food

1.46B（18%）

CIMC Enric recorded revenue of around 7.9

billion RMB in FY2020Global Market Leader in• ISO liquid tank (No. 1)

• Brewery turnkey project

(global leader)

20+ domestic and foreign member companies, 10+ overseas representative offices, 19 R&D centers at home and abroad.

China Market Leader in• Cryogenic transportation

equipment

• High-pressure transportation

equipment

• LNG, CNG, LPG storage

equipment

Strategic Layout of Three Major Segments

5

Make energy cleaner, make the environment more sustainable, and make life better!

Beer Equipment

Non-Beer

Equipment

Chemical Equipment

Environmental

Equipment

Chemical &

EnvironmentalLiquid FoodClean Energy

Energy Equipment &

Engineering Business

New

business

Existing

business

Comprehensive Solution

Main Channel

Offshore Clean Energy

Business

Hydrogen Business

Key Equipment Engineering Service

Focus in ProductInnovation&

Upgrade

Operational

Excellence

Intelligent

Interconnection

Technological Innovation and Quality Development

6

Upgrading Package solutions for

LNG powered ships on inland

waterways

Smart Energy IoT solutions

In 1H 2021, R & D investment exceeded RMB197

million (1H2020: approximately RMB130 million),

accounting for 2.4% of sales (1H2020: 2.4%). In 1H

2021, the Group recorded 57 new patents and won

2 China Patent Excellence Awards.

• LPG micro grid solution

• Large-scale integrated service station- EPC

construction project development

• Upgrading Package solutions for LNG powered

ships on inland waterways

• Smart Energy IoT solutions

• LNG cold energy utilization integrated solution

• Skid-mounted equipment for hard seltzer and Non-

alcoholic beer production

• The research and development of liquid

helium/hydrogen tank container products has

made major breakthroughs

Actively developed and innovated, and expanded upstream and downstream segments to promote income

diversification.

Core Competitive Edges

7

Substantial market

potential

A solid industry

leader position

Full industry chain

coverage,

high barriers to entry

Strong shareholder

support

High standard

corporate

governance

Intelligent

manufacturing

technology

China focused,

global layout

Strong brand

recognition

02Business Overview

8

Clean Energy Business

9

3,067 3,2413,730

4,060

10%

6%

15%

9%

-14%

-9%

-4%

1%

6%

11%

16%

21%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

2019 2020 2021E 2022E

Consumption YoY Growth Rate %

24.0% 23.8% 25.0% 25.4%

39.0%

35.7%35.5%

35.9%4.2%

3.7%

3.1%

2.1%

32.8%

36.8%

36.4%

36.6%

2,655

3,649

4,200

4,730

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

2019 2020 2021E 2022E

City Gas Industrial Fuel Power Generation Traffic Fuel

Natural Gas Consumption Growth

10

Source： wind、 NDRC、 LESSBETTER

• It is estimated that the annual apparent consumption of natural gas in 2021 will be about 373 billion cubic meters, up by 15% YoY.

• LNG prices are unusual in 2021, with a sharp rise in prices during off-season, reaching a 5-year high YoY. According to the NDRC data, the actual

average receiving price of LNG in 1H 2021 was about RMB 4,005.94/ton.

• It is estimated that the average receiving price of LNG in 2H 2021 will be about RMB 6,000-7,000/ton, and the consumption of LNG in 2021 is expected

to increase by 15% YoY.

Forecast on China’s Natural Gas Consumption,

2021-2022

Unit：100 Million m3

Forecast on China’s LNG Consumption,

2021-2022

Unit：10,000 ton

-3000

-2500

-2000

-1500

-1000

-500

0

500

1000

1500

2000

0

1000

2000

3000

4000

5000

6000

7000

202

0-0

1-1

0

202

0-0

2-1

0

202

0-0

3-1

0

202

0-0

4-1

0

202

0-0

5-1

0

202

0-0

6-1

0

202

0-0

7-1

0

202

0-0

8-1

0

202

0-0

9-1

0

202

0-1

0-1

0

202

0-1

1-1

0

202

0-1

2-1

0

202

1-0

1-1

0

202

1-0

2-1

0

202

1-0

3-1

0

202

1-0

4-1

0

202

1-0

5-1

0

202

1-0

6-1

0

202

1-0

7-1

0

202

1-0

8-1

0

Price Gap between LNG and Diesel

Price Advantage of LNG (Yuan/Tonne)--Right Axis

The average price of LNG (Yuan/Tonne)

The national average price of Diesel (0#): (Yuan/Tonne)

Offshore & Onshore Clean Energy Industry Chain

11

• The business layout covers both offshore and onshore• Full industry chain from upstream, midstream to downstream to tap the trend of wide application of clean energy.

Offshore Clean Energy Industry Chain

Onshore Clean Energy Industry Chain

▲ Small to medium sized liquified gas carrier

（LEG/LPG/LNG）

▲Marine LNG Fuel Tank /

Desulfurization Unit

▲ Offshore oil and gas processing module

Upstream（Process & Treatment）

Midstream（Transportation & Storage）

Downstream（Application）

▲LNG bunkering vessel / offshore

and onshore refueling station

▲Liquefaction plants & liquefaction module

designed for wellhead gas

▲Unconventional gas treatment and processing

▲Clean energy transportation equipment

▲LNG peak-shaving storage equipment & engineering

▲Other clean energy storage equipment & engineering

▲Clean energy equipment for transport fuel usage

▲Industrial and commercial LNG fuel equipment

Midstream:（Transportation & Storage）

Downstream（Application）

Upstream:（Process & Treatment）

Equipment + Engineering + Services + Intelligence

12

E&P

equipme

nt

Intelligent products,

Engineering & services

➢ Intelligent products：

GPS, Pressure and liquid

level, temperature control

➢ Intelligent process ：

Auto production line

➢ Intelligent Engineering：

3D modeling、modelized

system design and

installation, SCADA

systems

➢ Intelligent Services：

Anjiehui monitoring

system

Upstream Midstream Downstream

• Engineering consulting

• Engineering design

• Engineering construction

• Turn-key project

Engineering

• R&D cooperation with Europe

• Global advanced technology

• Manufacturing edges of China

• Key manufacturing capability

• Advanced manufacturing operation

Equipment

• Full life cycle standard and

consulting services

• Engineering parts supply

• Remote delivery

• Financial services (leasing, LOC)

• ……

Services

Solutions：Design + EPC + Equipment + Financial Service

Integrated Solution for Peak-shaving and Reserve

13

The overall solution of“Peak Shaving & Liquefaction + Engineering Design + Large Tank + Cluster Tank + Application + Financial Service”

◼ EPC normal pressure storage tank

◼ EPC pressure storage tank/ cryogenic spherical

tank

◼ Cryogenic storage tank, Anjiehui Intelligent

management system

◼ Long distance pipeline installation

◼ BOG Recycling

◼ Financial leasing

◼ Engineering Credit Insurance

◼ Scheme and engineering design

◼ Engineering EPC

◼ Conventional and pipe network

liquefaction process package

◼ Non-standard, complete equipment

◼ Equipment installation and

commissioning

◼ Operation guidance

◼ Intelligent Integrated Refilling Stations

◼ Gasification station/point-to-point supply

◼ LNG Trailer and Logistics

Several companies, such as Sinochem, China Energy Reserve and Chemicals, Zhenhua Logistics, etc.,

have realized LNG import and transportation, which has attracted high attention at home and abroad

Overseas Marine

Transportation

Overseas Railway

TransportationEnd userLNG Liquid

Factory Loading

One-stop, flexible and convenient solution for overseas gas import and logistics

Gas

Liquefaction Domestic Truck

Transportation

Multimodal Transportation for LNG Tank Container

14

Canadian LNG exports to China for

the first time (August 2017).

Australian gas imports, European

transit gas imports, Malaysia gas

imports, etc.

Specialized vessel for LNG tank

container to import LNG from Malaysia

to end-users by Tiger Gas.

Internet of Things — Anjiehui Add on Intelligence Feature

15

Key Equipment

Solutions

Storage tank

Tank Container

On-vehicle cylinders

Trailer

Marine tank

Tube bundle trailer

L

N

G

C

N

G

LP

G

Ship networking

Wellhead gas

LPG micro grid

Gasification station

Sensor Data

communicationData Center IoT cloud Presentation

Intelligent

Terminal

attached on

Equipment

MySQL

Redis

Oracle

Elasticsearch

MongoDB

Equipment control

platform

Three party

interface

Wechat

APP

PC

Gas station,

gasification station

platform

Logistics platform

Procurement

system

Maintenance

system

Ship networking

platform Table & graph

Hardware protocol docking, system data docking

2G/3G/4G/5G

LoRa Ad-Hoc

Network

Maritime

satellite

Low orbit

satellite

Beidou

Satellite

Repeater

forwarding

Others

Temperature,

pressure, liquid

level, position,

flow, vacuum

value

Intelligent

Terminal

attached on

Equipment

Internet of Things — Anjiehui Add on Intelligence Feature

16

Clean Energy Business

Hydrogen Energy Roadmap

17

The Global H2 Industry is Gathering Strong Momentum

18

Hydrogen is enjoying unprecedented momentum worldwide. 16 of 27 countries that account for 52% of the global GDP have developed

comprehensive national hydrogen strategies, and 11 countries are going to introduce national hydrogen strategies.

Source: Source: "Low-Carbon and Clean Hydrogen Supply System under the Carbon Neutral Strategy" released by China Hydrogen Alliance

*The UK government has launched its first-ever hydrogen strategy on 17 August.

*

Development Goals for Industry in China

19

Development Goals 2019Short-term Goals

（2020~2025）Medium-term Goals

（2026~2035）Long-term Goals

（2036~2050）

Proportion of hydrogen (%) 2.7％ 4% 5.9% 10%

Output (RMB 100 million) 3000 10000 50000 120000

Equipment

manufacturing

scale

Hydrogen refueling station

(sets)23 500 1500 10000

FCEV (10,000 units) 0.2 5 200 500

Stationary fuel cells ( units) 200 1000 5000 20000

fuel cell systems (10,000

units)1 6 150 550

Development Goals for Hydrogen and Fuel Cell Industry in China

Source: White Paper on Hydrogen Energy and Fuel Cell Industry in China released by China Hydrogen Alliance

According to the “Energy-saving and New Energy Vehicle Technology Roadmap 2.0” issued by China Society of Automotive

Engineers, the size of hydrogen fuel cell vehicles in China will reach 100,000 units and at least 1,000 hydrogen refueling

stations will be built by 2025.

Company’s Development Path of H2 Business

20

2010Supplied 45MPa Hydrogen refuelling

trailer and cylinders for SH world Expo.

2006The 1st domestic order of Hydrogen

Trailer.

2011Supplied 45MPa tube bundle trailers and

high-pressure seamless cylinders for refilling

stations at Shenzhen Universiade.

Developed China’s first 300m³ movable

high-vacuum multilayer liquid hydrogen

storage tank.

2013

Delivered 300m³ liquefied hydrogen

storage vessel for Hainan Wenchang

Satellite Project. Development and

sales of hydrogen compressors.

2019

Serial product development of

hydrogen refuelling stations,

hydrogen refuelling machines,

skid-mounted compressors,

and on-vehicle hydrogen supply

system.

2018Supported China’s first 70MPa hydrogen

refueling station with the new design of

87.5MPa hydrogen storage vessel.

Launched type Ⅱ Tube Bundle Container

Started the development of Type IV on-

vehicle hydrogen cylinders.

2017Successfully developed 35Mpa Type III

on-vehicle hydrogen cylinders. Started

development of 45MPa diaphragm

hydrogen compressor.

2020-2021Established a hydrogen JV with Hexagon

Purus to localize Type 4 hydrogen

cylinders; Obtained RMB 100 million order

for on-board hydrogen supply system;

Successfully delivered the first integrated

oil, gas and hydrogen energy service

station in Hebei Province; Established a

joint venture with Angang Steel for the

production of LNG and joint production of

hydrogen from coke-oven gas; Included in

the List of National Fuel Cell Vehicle

Demonstration Enterprise (Beijing);

Successfully joined the supplier list of

Beiqi Foton’s on-board hydrogen supply

system

◼ The working pressure is 45MPa, and the design

pressure is 50MPa. The standard product is consisted

of 9 vessels with the water volume of 9m3.

◼ Has Provided more than 30 hydrogen vessels of 45MPa for

domestic hydrogen refueling stations, and more than 200

hydrogen vessels of 45MPa have been exported to

hydrogen refueling stations in the United States, Canada

and South Korea.

◼ In 2017, the first domestic 70MPa hydrogen refueling

station project of the National 863 Project successfully

passed the acceptance test, and the 87.5MPa hydrogen

vessels got the domestic first-mover advantage.

55 MPa stationary hydrogen vessels exported to Plug Power in the U.S.

Hydrogen Storage Cascades in Hydrogen Refueling Station

Hydrogen Storage

H2 Storage Equipment

21

Comparison of parameters between type I hydrogen tube trailer and type II hydrogen tube trailer

Product CategoryWorking

Pressure

（MPa）

Outside

Diameter

（mm）

Minimum Wall

Thickness

（mm）

Length

（mm）Water Volume

per tube（m³）Tubes

Tubes

Weight（Kg

）

Water

Volume

（m³）

Hydrogen

Capacity

（Kg）

GVM

Rating（Kg）

11-tube Type I Hydrogen

Tube Trailer 20 559 16.5 10470 2.135 11 32400 23.49 347 32747

7-tube Type I Hydrogen Tube

Trailer 20 715 21.12 10975 3.71 7 33950 26 382 34363

12-tube Type II Glass Fiber Composite Hydrogen Tube

Trailer20 591 7.4+12.78 11580 2.585 12 29600 31.02 456 30058

12-tube Type II Carbo Fiber Composite Hydrogen

Tube Trailer20 715 9.5+7.1 11580 4.2 8 26712 33.6 495 27207

22

H2 Distribution Equipment

Safety engineering HAZOP analysis Online H2 inspection and testing tech.

Data communication and interaction between refueling station and FCV H2 Loading rate optimizationDigitalization, SaaS, remote monitoring & testing

H2 Refueling Station One-stop Solution

23

H2 Business Layout of CIMC Enric

24

Intelligent management platform

Hydrogen Industry Chain of CIMC Enric

GPRS cloud

service

Liquefaction Plant

Hydrogen production

by the electrolysis of

water

Biohydrogen

Hydrogen production

from fossil fuels

Aerospace industry

Liquid hydrogen trailer

Liquid hydrogen storage

and distribution station

Hydrogen refueling

Hydrogen fuel

cells for CHP

High-pressure hydrogen

cylinder

Forklift truck

Light-duty

truck

Heavy-duty

Truck

Bus

Rail Transit

Ship

Hydrogen

compressor

Hydrogen

tube trailers

Liquid hydrogen

tank containerHydrogenation

Apparatus

On-board hydrogen

storage system

Fuel cell system

The fuel cell is integrated by subsystems

including stack, hydrogen circulation, air

circulation, water & heat management,

control, data collection, etc.

Yet to enter

Related or already

involvedUnder R&D or future

directions

Snapshot of Joint Venture Agreement

25

CIMC Enric Hexagon Purus

A system JV

For system production &

overall external sales

A cylinder JV

For cylinder production

A Balanced Ownership Structure

CIMC Enric Angang Steel

Entered into a joint venture (“JV”) agreement to construct and

operate the project of production of liquefied natural gas (“LNG”)

and joint production of hydrogen from coke-oven gas (“COG”) (“the

Project”, entering the upstream of the clean energy industry chain

and build an end-toend demonstrative industry ecology of

resources+ storage & distribution + downstream applications.

A Balanced Ownership Structure

x

Localization of world advancing Type 4 cylinder

26

State-of-the art Type 4 technology

Type 4 cylinders - safer, lighter, higher density, lower cost

LEAK-FREE:

Precision-machined valve

interface to ensure leak free

operations

NON-CORROSIVE:

Polymer liner is corrosion free

LIGHTWEIGHT:

Reduces vehicles mass and

enhances handling and

driveability

GOOD FATIGUE STRENGTH:

High-strength carbon fibre

construction reduces impact

damage and fatigue

Cylinder

technologies

Total cost of

ownership

DescriptionFiber composite

cylinder with

aluminum lining

Fiber composite

cylinder with plastic

lining

Storage

density

Higher

Mobility

applications

Lower

Source: Company, third-party consultant

Application Advantages of Type

IV Cylinders

Application Advantages of Type IV Cylinders

27

OEMProduct

Model

Travelling

Distance

Storage

Technology

Toyota Mirai 650km High Pressure

Hyundai NEXO SUV 595km High Pressure

Honda Clarity 700km High Pressure

Nikola ONE Series 1200km High Pressure

Maxus MAXUS G20 550km High Pressure

General

MotorsHydroGen 400km

Liquid

Hydrogen

➢ High pressure cylinders have been the major

trend of on-vehicle hydrogen storage that other

technology has noy yet been put into

commercial use in large scale.

Major Trend of On-vehicle H2 Storage

28

◼ There are nearly 200,000 cars with reliable experience in installing Type IV cylinders in Europe.

◼ The hydrogen vehicles manufactured by Volkswagen and Opel have applied Type IV cylinders.

◼ Due to the restrictions of oil-powered cars in Europe, the application of Type IV cylinders will grow rapidly in Europe.

◼ The installation of steel cylinder under the car will cause severe corrosion.

Advantages of Type IV Cylinders for Passenger Cars

29

◼ Type IV cylinders account for 70% of the market share on hydrogen buses in Europe, and more than 90% of hydrogen buses in North America use Type IV cylinders.

◼ Due to the light weight of Type IV cylinders, the roof of hydrogen bus can be loaded with 1200 to 2000 liters of compressed gas.

◼ The application of Type IV cylinders can reduce fuel consumption by 70% compared with Type III cylinders.

◼ The volume of the Type IV cylinders can reach 375 liters, which reduces the complexity and cost of the entire system.

Advantages of Type IV Cylinders for Buses

30

◼ The application of Type IV cylinders in the Nordic hydrogen heavy-duty truck market leads other European countries, while more than 90% of hydrogen heavy-duty trucks in North America use Type IV cylinders;

◼ Type IV on-vehicle hydrogen supply system supports 1,000-kilometer cruising range.

◼ Due to its light weight and cost advantages, the Type IV cylinder can be installed on both sides of the truck and behind the cockpit to maximize the transportation volume.

◼ Support installation on both sides of the car body to increase impact resistance

◼ Only need to perform system tightening and pressure test every 36 months

Type IV Cylinders for Heavy-duty Trucks and Special Vehicles

31

Market Prospects

32

2020

2025

2030

• System costs are not calculated and

included

• Source: Trend Bank

Promising market size of on-vehicle high-pressure hydrogen cylinders in China

Market Size：RMB 405 million FCEVs : 10,000 units

Market Size：RMB 3.92 billion(CAGR: 48.2%)

FCEVs : 100,000 units

Market Size：RMB 20 billion(CAGR: 38.5%)

FCEVs: 1 million

Liquid H2 R&D

33

Significant progress achieved in a series of topics in the field of hydrogen equipment and

application.

Liquid Hydrogen

At present, the research and development of commercial

liquid hydrogen storage and distribution equipment has

been carried out, including materials, welding, structure,

insulation plan, process and safety configuration, while

the preparation of corporate standards and overall

product plan design have been completed, as well as

passing the technical compliance review. Progress has

been made in stages.

High-pressure gaseous hydrogen

storage

ASME standard 103 MPa fixed hydrogen storage vessel

was successfully developed and ready to be launched

on the market

Distributed H2 Solutions for Building Heating/Refrigeration

burner

Fuel Cell

Contravariant loading

H2 heater

air heaterair

Bootstrap

system

Mixer

electrolyte

anode

cathode

34

To be an industry leader of key hydrogen equipment manufacturing

Implement champion product strategy

Actively participate in the new mode of cooperative operation

H2 Business Roadmap

35

Hydrogen production

Storage &

transportation

Refueling station

On-board hydrogen

cylinder and hydrogen

supply system

Distributed energy

storage application• Vigorously develop the

existing hydrogen storage

and transportation equipment business, aiming to be a leading integrated supplier of upstream hydrogen storage

and transportation

• Increase investment in the R&D of type III on vehicle cylinders and introduce type IV cylinder

Strengthen

the market

development of hydrogen

refueling stations and

explore new business

models for the construction

and operation of hydrogen

refueling stations

• Focus on the R&D of

equipment used in

hydrogen production,

purification and other

processing, taking

natural gas and

unconventional gas

exploitation as the entry

point.

• Seize other hydrogen

production opportunity.

Cooperate

with leading

OEMs in supplying

valves and on-board

cylinders, benefiting

from technological

Advantages.

Vigorously

explore applications of distributed energy

Storage in downstream market.

Upstream

Midstream

Some of Our Customers

36

End-users

& others

37

Chemical &

Environmental

Business

Business Review for 1H 2021

38

Continue adhering to the development of "manufacturing + service + intelligence", take the chemical industrial park as a

breakthrough in domestic market to achieve good performance and enhance customer loyalty.

Tank Container Manufacturing

The prices of chemicals and derivatives

increased significantly, the export market was

stable, and the orders on hand and new

orders of this segment increased significantly.

After-sales Service

Relying on the layout of the national chemical

industrial park, actively expand the

construction of the domestic after-sales

service network. The segment established a

subsidiary named CIMC Saiwei Technology

Service Co., Ltd. on 2 March 2021 to further

standardize after-sales service operation and

management and control system. CIMC Burg

Service (博格) in Europe has been in stable

operation for about 8 years, laying a good

foundation for our global network.

Intelligent IoT Platform

The the electric heating system independently

developed by the Group successfully adopted

by the leading MDI enterprise. Meanwhile, the

Group develops a comprehensive solution

integrating with software and hardware to

promote the intelligentization of tank

containers, and lay out a solid foundation for

smart logistics.

Effective Supply Chain Management

39

In the first half of 2021, with a rapid recovery in market demand, the price of raw materials rose sharply and

quickly. The segment's revenue in 1H 2021 improved by about 42% YoY through several measures such as

locking in raw material prices. Newly signed orders improved by nearly 170% YoY.

High demand for orders and sharp rise in raw material prices

In the first half of 2021, domestic steel industry ran well while domestic steel prices continued to surge.

The average Composite Steel Price Index (CSPI) from January to June was 137.85 points, an increase of

36.56%. Meanwhile, market demand recovered fast, and orders were in great demand.

Locked the price of raw materials in advance to support for production

Challenged by market changes, the segment obeyed the sound operating

philosophy, implemented supply chain management, locked the prices of raw

materials in a timely manner, and strengthened dynamic inventory management,

providing strong support to marketing.

Drive Full Life Cycle Services with IoT

40

“IoT + Tank Container” Business

Provide better services and solutions for the intelligent management

of customers' tank container operation, including sensors for

temperature, pressure, loading, location survey and a series of

intelligent terminals for data collection and transmission.

Cooperate with Shanghai Jiao Tong University to build its own

brand-new refrigeration system, which guarantees accurate

temperature control of goods in transit and provides a reliable

transportation solution for new energy battery raw materials due to

its reliability and extremely high-quality control requirements.

Focus on high-end lining tanks for high-purity chemicals demand

Work with our customers to develop lining processing tank container product to focus on the demand gap of high-end lining

tank container brought by the rapid growth of high-purity chemical market. Since its production, orders grows rapidly, with

orders for lining tank in 2020 increasing by 268% YoY, while orders as of August 2021 have exceeded the number of orders for

the whole year of 2020.

458,200508,000

552,500604,700

652,350686,650

2016 2017 2018 2019 2020 2021

Increasing Hazardous Chemicals Logistics Market

41

Vigorous development of the petrochemical industry

promotes the growth of the global tank container market

• The expansion of maritime trade and the development of the chemical and

petrochemical industries boosts the growth of global tank containers. The

growth of chemical transportation demand in Asia-Pacific region is

witnessed owing to longer coastline and more emerging economies.

According to data from ITCO, the global tank container fleet was 687,000

units as at January 2021.

China’s hazardous chemicals logistics market has a large

base and stable growth every year

• According to the data from the Dangerous Chemicals Logistics Branch of

China Federation of Logistics & Purchasing, the market size of

hazardous chemicals logistics in China is expected to reach RMB2.24

trillion by 2021. The industry maintains steady growth with a CAGR of

6.8% between 2020 and 2025.

Global tank container fleet (As at 1 January 2021)

Source: 2021 Global Tank Container Fleet Survey released by ITCO

13.4%

10.7%9.6% 9.3%

7.6%6.6%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

0

0.5

1

1.5

2

2.5

3

2018 2019 2020 2021E 2022E 2023E

China's hazardous chemicals logistics market scale

hazardous chemicals logistics market…YoY Growth Rate

Resource：China Federation of Logistics & Purchasing，CICC Research Department

Unit：RMB TrillionUnit

Selected Customers of Chemical Tank Containers

42

Leasing

companies

Operators

End-users

& others

Liquid Food Business

⚫ Global leader :

⚫ Turn-key project for beer

⚫ Tune-key project for liquor

⚫ Other non-beer project

⚫ Bio-pharmaceuticals

⚫ Fine chemical engineering

43

Business Review of Liquid Food in 1H 2021

44

Turnkey brewery for flavored malt beverages and hard seltzers, USA

Turnkey brewery and experience center, Cambodia

Process design and equipment for a greenfield tequila distillery, Mexico

Process design & equipment for brownfield & hard seltzer facility, USA

Process design and equipment for greenfield malt and grain distillery, China

Due to the relief of the new coronavirus epidemic, the on-site construction projects involved in this

branch can be progressed normally

Develop Comprehensive Capability of Liquid Food

45

Develop Comprehensive Capability of Liquid

Food with Global Brand Advantage

Beer business

We focus on expanding

beer opportunities in the

American market, while

actively expand the

Chinese craft beer

market brought by the

trend of consumption

upgrades.

Baijiu business

Focusing on the needs of top

baijiu customers, we will

grasp good opportunity to

acquire high-quality assets to

enter into baijiu equipment

and engineering market

which worth 100 billion RMB,

and we target to reach 30%

of the market within 5 years.

Other non-beer business

Cultivating capabilities

of turnkey project and

expand other non-beer

businesses such as

juice, dairy, and

pharmaceuticals, while

entering into hard soda

market.

Currently, around 87.9% of the Segment's revenue is from the beer industry, and the rest 12.1% from

the non-beer industry.

Great Market Potential for Geographical Beer Markets

46

We are the leading supplier of global brewery turnkey projects and saccharification workshop technology

Asia, Africa and Latin America are the main

incremental markets for beer equipment

Asia, Africa and Latin America have been the main incremental

market for global beer production in the past 10 years, as well as

the main incremental market for beer equipment. Mexico and

Brazil's beer production ranks first in the entire Latin American

region with a CAGR of 5.79% and 0.24%, respectively, from 2019

to 2023.

China's craft beer penetration rate is growing driven

by consumption upgrade

It is estimated that by 2025, China's craft beer market will be

approx. RMB 87.5 billion (12.5 billion U.S. dollars), accounting for

11% of the overall beer market, and the CAGR in the next five

years will be approx. 22%, with the market size of nearly RMB 100

billion.

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

2019 2020 2021 2022E 2023E

Beer Production Trend in Mexico and Brazil

Beer production in Mexico Beer production in Brazil

Unit: 000 hundred liters

4.14.6

5.4

6.5

8

9.9

12.5

20%

11%

18%20%

22%24%

26%

0%

5%

10%

15%

20%

25%

30%

0

2

4

6

8

10

12

14

2019 2020 2021E 2022E 2023E 2024E 2025E

China's craft beer market size YoY Growth Rate

The market size of China's craft beer

Unit: billions of dollars

Resource：MarketsandMarkets

Resource：National Bureau of Statistics, GlobalData, Prospective Industry Research Institute,

Zheshang Securities Research Institute

Chinese Baijiu and Global Ready-To-Drink Beverage

47

Production equipment upgrade in the Chinese

baijiu industry

The market competition of Chinese traditional baijiu is keen, and the production

has gradually entered the process of mechanization and intellectualization, to

deeply tap the potential of internal management to reduce costs and increase

efficiency. It is estimated that the overall investment scale of baijiu equipment

market will reach RMB 114.2 billion by 2025.

Significant growth in global Ready-To-Drink

beverage marketDriven by the trend of convenience, refreshment and flavor, RTD

beverage shows strong growth momentum. According to Euromonitor,

the CAGR of RTD beverage sales from 2021 to 2025 is expected to be

8.97%. The overall liquor market has entered into a stage of stock

adjustment, while the RTD beverages perform well. The Group has

obtained orders from hard seltzers category.

Diversified layout, focuses on Chinese baijiu opportunities

Actively develop new products, such as hard seltzers, etc. to enter the emerging market

70 7185

93 96105

114

2019 2020E 2021E 2022E 2023E 2024E 2025E

Forecast on Chinese Baijiu Equipment MarketUnit: billion RMB

Sales and Growth Rate of Global Ready-to-drink market

Sales (Million USD)

Source：National Bureau of Statistics, Foresight Industry Research Institute,

strategic development Department of the GroupSource：Euromonitor, Everbright Securities Research Institute

YoY

Unit：Million USD

Industrial Beer Solutions

48

Processing equipment• Brewing house (grinding, filtering, boiling,

processing)

• Workshop built-in tank

• Off-site tank

• Integrated equipment (providing an

interface for subsequent increase in

production capacity)

• Automated production software and

hardware

Turn-key Project • Advisory

• Design

• Pilot test (adjust the taste)

• Beer recipe development

• Plant energy management

• Training

Off-site Tank Off-site Tank System Integration and Expansion

Turn-key Project

Built-in TankBrewing House

Some Customers from Industrial Beer Sector

49

Craft Beer Solutions

50

01Small-sized solutions（DME） 02Mid-to-large-sized solutions（NSI）

Customers from Craft Beer Sector

51

Liquor Distilling Solutions

52

Grain sorting Mash Kettle Residual processing Grind & Filtration

Fermentation Distiller Liquor processing Energy management

Customers from Distilling Sector

53

Client Equipment related Type of the project

NHU（Zhejiang）

Fermentation tank

Saccharification tank

Supplementary feedstock tank

Water supplementary tank

Acid tank

Vitamin production line

Huadong Medicine

（Hanzhou）Fermentation tank

Supplementary tank

Winterworm summerherb

Oral liquid

NHU（Heilongjiang）

Fermentation tank

Vitamin production lineSaccharification tank

Stainless storage tank

Roche（Su zhou）Oil-based products tank

water-soluble products tank

Water tank

RTD Reagent

Major clients

(Pharmaceutical)Major pharmaceutical projects

Pharmaceutical Projects

54

Ziemann Holvrieka,

Miami

Ziemann

Holvrieka,VietnamZiemann Holvrieka

Asia

Ziemann Holvrieka,

Moscow

ZIEMANN-HOLVRIEKA Asia Co., Ltd

Ziemann Holvrieka,

German

Ziemann Holvrieka,

Denmark

Ziemann Holvrieka,

Belgium

Ziemann Holvrieka,

Netherlands

Ziemann Holvrieka,

Columbia

Ziemann Holvrieka,

San Diego

Briggs, Uk

Briggs, ShanghaiBriggs, New York

DME, Canada

R&D Center Manufacturing Base Sales Representative Office

DME, Shanghai

Global Business Layout

55

03Financial Summary

56

Financial Highlights

57

3,120 2,993 4,452

1,933 1,072

1,523 1,507

1,022

1,457 6,584

5,319

7,940

1H2019 1H2020 1H2021Other

Liquid Food

Unit: RMB Million

Revenue increased by 49.4% YoY

Unit: RMB Million

Net Profit Attributable to Shareholders

rose by 77.5% YoY

1H2019 1H2020 1H2021

Net Profit Attributable to Shareholders

14.3% 15.4%17.0%

15.3%12.8%

16.2%19.4%

14.2%12.9%

14.6%

23.8%

14.9%

Gross Profit Margin

Clean Energy Chemical & Environmental Liquid Food CIMC Enric

1H2019 1H2020 1H2021 1H2019 1H2020 1H2021 1H2019 1H2020 1H2021 1H2019 1H2020 1H2021

Revenue Structure

58

Clean Energy56.1%

Chemical & Environmental

19.2%

Liduid Food18.4%

Other 6.3%

China47.4%

Overseas52.6%

Revenue Breakdown by Segment Revenue Breakdown by Geographic Location

（1H2020: 48.6%）（1H2020：51.4%）

（1H2020：56.3%）

（1H2020：20.2%）

（1H2020：19.2%）

（1H2020：4.3%）

Key Financial Indicators

59

Annualized Return on Equity Basic Earnings per Share rose by 78.9% YoY

11.8%

6.2%

10.2%

1H2019 1H2020 1H2021

0.196

0.109

0.195

1H2019 1H2020 1H2021

17.3% 17.4%

16.6%

Gearing Ratio was Generally Stable

Unit: RMB Million

Asset-liability Structure Remained Stable

Unit: RMB Million

8,597 8,522 9,802

15,478 15,759 17,628

1H2019 1H2020 1H2021

Total Liabilities Total Assets

55.5%54.1%

55.6%

1,188 1,256 1,297

1,856 2,331 2,130

1H2019 1H2020 1H2021

Interest Bearing Debts Cash and Cash Equivalents

Unit: RMBUnit: %

Vision

Mission

To be a respected world-leading enterprise in

Clean energy, chemical and environmental, and liquid food industries.

To provide high-quality and reliable smart equipment and services to customers,

generate sound returns for shareholders and staff, and create sustainable value to

the society.

60

Industry Outlook

61

The Fourteenth Five-Year Plan will further promote clean

energy consumption.

‘Dual circulation’ strategy is expected to help reducing

market volatility.

Strategical layout in the hydrogen energy industry chain,

which shall be one of the future driver.

Intelligent monitoring system to build up the internet of

clean energy equipment and create value for clients.

Appendix - Company History

62

2014-2015

• Acquired Sichuan Jinke Cryogenic Engineering Co., Ltd. and Liaoning

Hashenleng Gas Liquefaction Plant Co., Ltd., entering in the field of

natural gas liquefaction.

• Bought out Dutch BURG SERVICE B.V., expanding tank container

business into European markets.

2016

• Acquired UK’s renowned Briggs Group Ltd., diversify into liquid food

processing equipment for brewing, distilling, pharmaceutical, yeast

and bio-fuel industries.2011

• Acquired Nanjing Yangzi Petrochemical Design Engineering

Company Ltd, developing capabilities in the realm of energy

and chemical storage and engineering.

2012

• Acquired the core assets of the Germany Ziemann Group—the world's

leading provider of brewery turnkey solutions and workshop

technologies for saccharification. The acquisition allows CIMC ENRIC to

promote its competitiveness in the liquid food equipment business.

2007

• CIMC Group acquired Enric Energy Equipment Holdings

(HK 3899) Ltd officially.

2013

• CIMC Enric Holdings Limited was included in Hang Seng Index

Constituent Stocks.

• Produced First LNG Railway Tank Container of China, filling the gap

of LNG railway transport in China and hitting a new record of world

plateau railway transportation.

2008

• Acquired 80% equity of Jingmen Hongtu Special Aircraft

Manufacturing Co., Ltd and entered into the realm of CNG,

LNG and LPG storage and transportation equipment.

2009

• The company completed its businesses restruction and was

renamed as CIMC Enric Holdings Limited.

• Involved in the beer fermentation tank business of Holvrieka and

started its own business of large-scale storage tanks in Nantong.

The liquid Food segment begins to take shape.

2004-2006

• CIMC Enric was established in 2004 and became one of the

leading specialised gas equipment manufacturers and an

integrated business solutions provider in the gas energy

industry in China. The company was listed on the GEM board in

2005 and transferred to the main board since 2006 (stock code:

3899.HK).

2017

• Took over Sinopacific Offshore Engineering and complement

company’s existing businesses with marine and onshore natural gas

equipment and engineering capabilities.

• Introduced Anjiehui IoT platform, adding value to clients.

Company History

63

2018

• Authorized by Extraordinary General Meeting of Shareholders, the company implemented its first restricted

share award scheme in the company's history.

2019

• Acquired Canadian brewing machine maker Diversified Metal Engineering in a bid to expand presence in

North America, achieving company’s ambition of becoming a world-leading equipment and engineering

service provider in the craft beer business.

• The production and sales volume of tank containers has been ranked first in the world for 16 consecutive

years. CIMC Enric has delivered more than 250,000 units of tank containers to the market.

2020

• Acquired Scottish copper still equipment manufacturer McMillan (Coppersmiths & Fabricators) Ltd., which

strengthens company’s distilling portfolio and will help winning more turnkey projects in the distilled

spirits industry.

• Acquired Lindenau Full Tank Service GmbH, further strengthening CIMC ENRIC’s presence in Europe, and it

will provide and reinforce timely and efficient for CIMC ENRIC’s network and after-sales-service

capabilities, particularly in the field of energy & chemical logistic Equipment.

• Signed a strategic cooperation Letter of Intent with Hexagon of Norway to actively introduce the world's

leading Type 4 hydrogen storage transportation equipment technology.

Appendix：Milestone of Liquid Food Business

DME is a leader in craft beer

engineering design and

equipment manufacturing in

North America. It has

accumulated strong technical

capital in craft beer,

distillation, fermentation and

pharmaceutical industries.

ZIEMANN, a German brand with

160 years of history, is the leading

supplier of global brewery turnkey

engineering and saccharification

transformation technology. It has

set many top records in the beer

brewing area around the world.

Founded in 1947,

Holvrieka is the

leader in the R&D,

manufacturing and

installation of

stainless steel tanks.

2016

Acquired BRIGGS

2009

Asset Injection to HOLVRIEKA

2012

Acquired ZIEMANN

2019

Acquired DME

64

McMillan has been a

significant force in UK and

worldwide supply of copper

distilling and stainless steel

process equipment since

1867. The acquisition enables

the liquid food segment to

fully cover the supply chain of

distilled spirits equipment.

Briggs, with 280 years of history,

mainly operates in the

engineering design and

manufacturing of the distillation

system equipment for Scotch

whisky and other spirits. The

acquisition enables the division

expanding from the leading beer

brewing to spirits distillation and

biomedicine.

2020

Acquired McMillan

CIMC Enric Holdings Limited (the “Company”) makes no representation as to the accuracy and

correctness, and has conducted no independent verification, of the content of this presentation. The

Company accepts no responsibility for any loss howsoever arising from in reliance upon any

information or omission herein and expressly disclaims any liability whatsoever arising therefrom. This

presentation does not constitute an offer or invitation to buy or sell any assets or securities of the

Company. The Company has made no authorization and representation in relation thereto.

The content of this presentation is strictly confidential and is the property of the Company. Upon receipt

of this presentation, you are deemed to have agreed to abide by the confidentiality agreement. You may

not circulate or duplicate any content herein to or for any other person, nor disclose any part or the

whole of this document to any person; otherwise you will be subject to legal liability.

Disclaimer & Confidentiality

65

Thank You

Tel: (852) 2528 9386

Fax: (852) 2865 9877

Email: ir@enric.com.hk

Address:CIMC R&D Center, No.2 Gangwan Avenue, Shekou Industrial Zone, Shenzhen,Guangdong, The PRC

Unit 908, 9/F., Fairmont House, 8 Cotton Tree Drive, Central, Hong Kong

IR portal: http://www.irasia.com/listco/hk/enric

Website: http://www.enricgroup.com66