Ma Jia Xin Cai: China COSCO Shipping Corporation is the company's largest client for container coating business.

NightAirdropper · 2026-04-04T01:01:26+00:00

Maijia Xin Cai stated that COSCO Group is a major customer for their container coatings, with recent demand increasing. However, the sustainability of this demand needs to be monitored. At the same time, the company is gradually reducing its reliance on the container business, and future new energy coating business will account for a higher proportion of gross profit.

NightAirdropper

2026-04-04 01:01:26

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Everyday Economic News AI Express: A shareholder asked on the investor interaction platform: The company expects that whether container-related business will improve due to the events in the Middle East. In a recent research and investigation meeting, the chairman of CIMC said that container demand has clearly increased recently—does the company also have similar feelings?

Mecxincai (603062.SH) said on April 1 on the investor interaction platform that CIMC Group is the company’s largest customer for its container coating business. Recently, we can feel that demand from client-side has increased, but its sustainability still needs to be further observed. However, from another perspective, as future new business develops, the proportion of container coatings in the company’s revenue and profit contribution will decline, and the company’s reliance on container business will gradually decrease. The proportion of new business will gradually increase, including in 2025. In fact, the gross profit margin contribution of the new energy coatings business has already approached 60%.

(Reporter Wang Xiaobo)

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