The story
Founded by Yuan Geng in 1980.1
CIMC was incorporated in Shenzhen as a joint venture on 14 January 1980 as China International Marine Containers Co., Ltd. (Chinese: 中國國際海運集裝箱股份有限公司). After being restructured as a joint stock limited company in December 1992, and publicly offered A shares and B shares which were listed on the Shenzhen Stock Exchange in 1994, CIMC adopted its current name in 1995. Vanguard National Trailer Corp., CIMC's US subsidiary, acquired Monon in 2003.
In 2026, CIMC was among the 4 shipping firms charged by US for conspiring to restrict output and fix prices between 2019 and 2024, especially during the coronavirus pandemic. It was alleged that the supply chain was deliberately put under pressure by the container cartel to raise profits.
From Wikipedia’s article on China International Marine Containers, shared under CC BY-SA 4.0.4
