CXIC Group Containers Company

What CXIC Group Containers Company does

CXIC Group Containers Company Limited (新华昌集团有限公司) is a privately-held Chinese enterprise group founded in 1992 and headquartered in Changzhou, Jiangsu Province, specializing in the manufacture and global sale of ISO-standard shipping containers. The company operates three core product lines — International Standard Dry Cargo Containers (20-foot, 40-foot, and 40-foot high cube configurations), Special Containers (custom-designed bulk, collapsible, energy storage, open-top, 53-foot, side opening, and spill containers), and International Standard Tank Containers (stainless steel, cement, sulfuric acid, and asphalt variants for liquid goods). Manufacturing is executed across five strategically co-located production bases in Changzhou (Jiangsu), Ningbo (Zhejiang), Jiashan (Zhejiang), Qingdao (Shandong), and Tianjin, totaling over 1 million square meters of factory floor and producing 1.2 million TEU of standard containers plus 100,000 special container units annually, a footprint that generated over 1.25 million TEU in 2024 — a record high.

The group's revenue model is built on direct B2B hardware sales to global container shipping lines, container leasing companies, multimodal transport operators, port terminal operators, and trading companies, supplemented by container transportation services. Pricing is quote-based and not publicly disclosed, with orders placed via direct phone, email, or website inquiry. Distribution is anchored on direct factory delivery from port-adjacent facilities serving Shanghai, Ningbo-Zhoushan, Qingdao, Tianjin/Xingang, Jingtang, and Huanghua — China's principal container shipping gateways. The company reports over 16% global market share in dry containers, recognition as an Industrial Star Five-Star Enterprise, and 2024 revenue of 16.271 billion RMB (approximately $2.27 billion USD), ranking it 487th on the 2025 China Manufacturing Private Enterprises 500 list.

In October 2021 CXIC launched its 'Digital CXIC' transformation project — a 'one platform, two domains, integrated collaboration' initiative deploying intelligent subsystems (automatic box pulling, compressed air monitoring, paint room ventilation, quality information tracking) at the Ningbo factory, with the stated intent of extending smart manufacturing across the group. The company maintains active global brand presence through recurring participation in Intermodal Asia exhibitions and dual Chinese/English websites. The group is currently exposed to material US regulatory and litigation risk following a US Department of Justice indictment and multiple US class-action lawsuits alleging price-fixing and output restriction between November 2019 and January 2024.

Name

CXIC Group Containers Company

Legal name

CXIC Group Containers Company Limited (新华昌集团有限公司)

Website

https://cxic.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

CXIC Group is a privately-held Chinese manufacturer of ISO-standard dry cargo containers, tank containers, and special containers, operating five port-adjacent production bases with 1.2 million TEU annual capacity and over 16% global market share, supplying global shipping lines, leasing companies, and logistics operators.

Ownership category

akta.pro rank

Product category

Shipping Container Manufacturing

NAICS

Boiler, Tank, and Shipping Container Manufacturing (3324)

SIC

Metal Shipping Barrels, Drums, Kegs & Pails (3412)

akta.pro primary industry

Hazardous Materials & UN-Certified Bulk Packaging (IMALAGAH)

akta.pro secondary industry

Hazardous Materials & UN-Certified Transport Packaging (Dangerous Goods Packaging) (IMALAFAK)

Keywords

• Shipping container manufacturing
• ISO standard containers
• Tank container production
• Dry cargo containers
• Special container manufacturing

Headquarters

HQ city

Changzhou

HQ country

China

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Container Manufacturing and Sales: CXIC Group generates revenue through the manufacture and sale of standard dry cargo containers, special containers, and tank containers. The company operates five major production bases across China with combined annual capacity of 1.2 million TEU for standard containers and 100,000 units for special containers.
2. Container Transportation Services: The company also provides container transportation services as part of its integrated manufacturing, trade, transportation, and development business model.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

CXIC Group manufactures and sells ISO-standard dry cargo containers, custom special containers, and international standard tank containers from five production bases in China with combined annual capacity of 1.2 million TEU for standard containers and 100,000 units for special containers. The company supplies global container shipping lines, leasing companies, port operators, multimodal transport operators, and trading companies. In addition to container manufacturing, CXIC provides container transportation services as part of its integrated manufacturing-trade-transportation business model.

Product overview

CXIC Group is a private enterprise group integrating manufacturing, trade, transportation, and development. The company operates three core product lines: International Standard Dry Cargo Containers (available in 20-foot and 40-foot standard/high cube configurations), Special Containers (custom-designed including bulk, collapsible, energy storage, open-top, 53-foot, and side opening containers), and International Standard Tank Containers (for shipping liquid goods including stainless steel, cement, sulfuric acid, and asphalt tank containers). With five major production bases across China (Jiangsu Changzhou, Zhejiang Ningbo, Zhejiang Jiaxing, Shandong Qingdao, and Tianjin), the company has 5 international standard container production lines and 4 special/tank container production lines, achieving an annual production capacity of 1.2 million TEU for standard containers and 100,000 units for special containers. The company holds over 16% global market share in the shipping container industry.

Differentiator

Problem solved

Functional benefit

Products and services

• International Standard Dry Cargo Container (国际标准干货集装箱) Standard ISO-compliant dry cargo shipping containers in 20-foot (ISO 1CC Type) and 40-foot (ISO 1AA Type and 1AAA High Cube Type) configurations, manufactured to international standards set by ISO Technical Committee 104. Sold to global container shipping lines, leasing companies, and trading companies for ocean and overland freight operations.
• Special Container (特种集装箱) Custom-designed special-function containers developed to customer requirements, including bulk containers, collapsible containers, energy storage containers, open-top containers, 53-foot containers, side opening containers, and spill containers. Sold to railway transport operators, multimodal logistics providers, port operators, and trading companies needing containers beyond standard dry cargo specifications.
• International Standard Tank Container (国际标准罐式集装箱) International standard tank containers for shipping liquid goods including alcohol, oil, liquid foods, and chemical pharmaceuticals. Variants produced include stainless steel tank containers, cement containers, sulfuric acid containers, and asphalt containers. Sold to chemical manufacturers, food and liquid goods shippers, and logistics operators transporting bulk liquid cargo.
• Container Transportation Services (集装箱运输) Container transportation and logistics services supporting the group's integrated manufacturing, trade, and transportation business model across five major production bases in China. Provided to internal container distribution needs and to external customers shipping containers between Chinese production sites and major port terminals.

Quantifiable outcome

• Over 1.25 million TEU produced in 2024, a historical record
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• ISO Technical Committee 104 (TC104)coreOthersCXIC Group manufactures containers according to ISO standards established by Technical Committee 104, which sets international standards for freight containers. Compliance with ISO standards is fundamental to the company's product quality and global market acceptance.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Others

• Textainer Group Holdings: Major intermodal container lessor and one of the top global buyers of new-build containers. Significant customer overlap with CXIC's leasing-company segment and a reference point for fleet-pricing dynamics.
• Beacon Intermodal Leasing: Global container lessor purchasing new-build ISO containers from Chinese manufacturers including the major Chinese OEMs. Important customer segment for CXIC and a comparable counterparty for trade-flow analysis.
• Triton Container International: One of the world's largest container lessors and a key customer segment for CXIC. Not a manufacturer, but the largest single buyer class for new-build intermodal containers and a driver of CXIC's order book.

Direct peers

• Hyundai Steel (Container Solutions): Korean steelmaker with ISO container manufacturing operations serving Asian shipping lines. Comparable product mix in standard dry cargo containers and a competing regional supply option for Northeast Asian carriers.
• Maersk Container Industry: Formerly part of A.P. Moller-Maersk and historically a major reefer and dry container manufacturer; now integrated into CIMC's container business. Historically a direct competitor to CXIC for global shipping-line container supply.
• Singamas Container Holdings: Hong Kong-listed container manufacturer with multi-plant production in China producing ISO dry cargo and tank containers. Directly competes with CXIC for orders from the same global shipping-line and lessor customers.
• DFIC (Dalian Fuji Industry Co.): Chinese ISO container manufacturer named alongside CXIC in the U.S. DOJ price-fixing indictment. Closest head-to-head competitor on standard 20ft/40ft dry cargo containers out of Northern Chinese ports.
• CIMC Holdings: World's largest intermodal shipping container manufacturer and named co-defendant of CXIC in the U.S. DOJ price-fixing indictment. Both companies manufacture ISO dry cargo, tank and special containers from coastal Chinese factories serving global shipping lines and lessors.

Emerging players

• INOX India (Tank Container Division): Indian manufacturer of ISO tank containers for chemicals, food-grade and specialty liquid bulk. Directly competes with CXIC's tank container line in the same global lessor and chemical shipper customer base.

Broad incumbents

• China Merchants Industry Holdings: Large Chinese state-affiliated industrial group with shipbuilding, port equipment and container-related manufacturing. Adjacent competitor in the broader transportation-equipment manufacturing ecosystem serving Chinese ports.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cxic-group-containers-company-limited

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CXIC Group Containers Company