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CIMC Vehicles Group

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Global manufacturer of semi-trailers and specialized truck bodies

Shenzhen, ChinaFounded 1996Transportation
Valuation $1–2.5B Last recorded · 2024
Revenue $1–5B Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for CIMC Vehicles Group and the history behind them.

About CIMC Vehicles Group

CIMC Vehicles Group, a subsidiary of China International Marine Containers (Group) Ltd. (CIMC), is a global manufacturer engaged in the production and sale of semi-trailers and truck bodies for specialty vehicles. The company began its semi-trailer business in 2002 and has been the world's largest manufacturer by sales volume since 2013. Its establishment was driven by CIMC Group's president, Mai Boliang, who identified the market potential for van trailers resembling 'containers with wheels' during a trip to Australia in 1999.

The company's product portfolio is extensive, featuring seven major categories of semi-trailers and various truck bodies. Key semi-trailer products include container chassis, flatbed trailers, fence trailers, van trailers, refrigerated trailers, and tank trailers. For specialty vehicles, the company manufactures dump beds for dump trucks and mixers for mixer trucks. CIMC Vehicles also produces innovative new energy products, such as truck bodies for electric heavy trucks and fully electric tractor-trailers. The company operates globally, with a presence in over 40 countries and key markets in China, North America, and Europe. It manages a portfolio of brands including “CIMC,” “Vanguard,” “SDC,” and “LAG.”

CIMC Vehicles' business model is centered on a strategy of “Intercontinental Operation, Local Manufacturing.” This is supported by a network of manufacturing and assembly plants worldwide, including numerous facilities designated as “Light Tower” plants which incorporate automation and intelligent systems. The company generates revenue through the sale of its wide range of vehicles and also provides after-sales services. Listed on both the Hong Kong Stock Exchange (HKEx: 1839) and Shenzhen Stock Exchange (SZSE: 301039.SZ), the company is led by Chairman Mai Boliang and CEO and President Li Guiping.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1996
Headquarters
Shenzhen, China
Employees
34
Open positions
None listed
Dealroom signal
40.7/100
Industry
Transportation
Sub-industry
Vehicle Production
Sector
Transportation, Hard Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
2 companies, latest Jun 2024
Capital deployed
$96M
Preferred round
SERIES A

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCEquity / VC Apr 2022 $23M $91M Undisclosed ↗
IPO✓Exit Jul 2019 $0 — Undisclosed —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

CIMC Vehicles Group website traffic

Latest recorded traffic for CIMC Vehicles Group is 1.3K monthly website visits, up 51.2% over the last three months. CIMC Vehicles Group's team grew 3% over the past year.

Latest monthly visits1.3K 3-month web change+51.2% 1-year team growth+3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Employees 34 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇨🇳 China69.2%
🇲🇽 Mexico15.4%
🇹🇭 Thailand7.7%
🇭🇰 Hong Kong7.7%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about CIMC Vehicles Group on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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