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Overview
Zoomlion Heavy Industry Science & Technology Co., Ltd. (ZLIOY) is a globally recognized manufacturer specializing in advanced construction machinery and heavy equipment. With a focus on intelligent systems, digital transformation, and sustainable production methodologies, Zoomlion has established itself as a key player in supplying high-performance machinery to diverse markets around the world. By leveraging cutting-edge engineering solutions, the company offers a comprehensive range of products that includes mobile cranes, tower cranes, concrete machinery, earthmoving equipment, and new energy equipment solutions. Its commitment to innovation is evident in its extensive patent portfolio and leading-edge R&D efforts, driving technological breakthroughs in areas such as remote control operations, digitalized control systems, and autonomous machinery.
Advanced Product Portfolio and Innovation
At the core of Zoomlion's operations is its diverse product portfolio, designed to meet the rigorous demands of modern construction and infrastructural development projects. The company manufactures equipment that spans across multiple categories, such as:
- Engineering and construction cranes that integrate smart, remote-operated features and enhanced safety protocols.
- Concrete machinery including advanced mixer trucks and concrete pump solutions tailored for both domestic and international standards.
- Earthmoving and mining equipment that feature autonomous and digitalized control systems to optimize operational efficiency on job sites.
- Aerial work platforms (AWP) that have set new benchmarks in height and safety, integrating ultra-long boom technologies and intelligent control systems for increased operational reliability.
- New energy products such as hydrogen fuel systems and lithium battery-powered industrial vehicles that underline the company's commitment to sustainability.
Zoomlion’s emphasis on intelligent control systems and digital integration is underpinned by a robust strategic initiative. Their products are equipped with innovations such as remote inspections, millisecond response times, and sophisticated control systems that not only enhance performance but also improve safety and reliability. This continuous drive for improvement positions Zoomlion at the forefront of developing industry standards for digital and smart machinery.
Global Market Presence and Strategic Expansion
Zoomlion has successfully implemented a global business strategy that integrates localized manufacturing with a digital and end-to-end operational model. The company’s network spans over 140 countries, supported by strategically located production facilities, regional R&D hubs, and comprehensive service centers. This expansive footprint enables Zoomlion to rapidly adapt to regional regulations and customer preferences while maintaining stringent quality and performance benchmarks.
Participation in international exhibitions and standardization committees underscores the company’s commitment to setting industry benchmarks. By actively engaging in global forums and contributing to international safety standards, Zoomlion demonstrates its leadership and technical expertise. The company’s products are tailored to meet diverse market requirements, from Europe's rigorous certification regimes to the fast-paced demands of emerging markets in North America, Asia, Africa, and Latin America.
Technological Leadership and Sustainable Practices
Zoomlion’s innovative approach extends to its integration of green technologies and smart controls. The company has pioneered solutions that reduce energy consumption, lower emissions, and optimize production processes. A prime example is its work on hydrogen refueling systems and hybrid construction equipment, which highlight its commitment to eco-friendly practices without compromising on performance or safety.
Digital transformation is a core pillar of Zoomlion’s business model. The implementation of fully digitalized systems, remote-controlled equipment, and end-to-end logistics integration illustrates how the company is leveraging technology to drive operational efficiencies, reduce downtime, and improve overall safety on construction sites. These efforts are complemented by a strong commitment to research and development, where innovation is fostered through strategic partnerships and a relentless pursuit of excellence in engineering.
Operational Excellence and Service Commitment
Operational efficiency and customer responsiveness are integral to Zoomlion’s business model. The company’s localized service centers and expansive supply chain ensure that clients receive timely technical support and spare parts availability. This focus on after-sales service not only enhances customer satisfaction but also reinforces the reliability and long-term value of Zoomlion’s product offerings.
The strategic enhancement of global and regional service networks further underscores the company's commitment to a high standard of customer support. By offering rapid on-site assistance and tailored service packages, Zoomlion guarantees that its products remain operational and effective throughout their lifecycle. This emphasis on service reliability and localized support is critical in maintaining the company’s reputation as a trusted partner in the competitive heavy machinery industry.
Industry Recognition and Competitive Position
Recognized for its innovation and quality, Zoomlion stands out amid intense global competition. The company’s continuous investments in R&D, its active role in shaping international safety and operational standards, and its commitment to sustainability collectively reinforce its market position. Investors and industry analysts appreciate the company’s advancements in digital technology and its strategic approach to global market penetration, which are instrumental in driving operational excellence and long-term competitiveness.
Conclusion
In summary, Zoomlion Heavy Industry Science & Technology Co., Ltd. (ZLIOY) is an authoritative figure in the heavy equipment and construction machinery landscape. Its comprehensive product portfolio, integration of intelligent digital systems, and commitment to sustainable development define its role in the industry. By continuously upgrading its technological capabilities and expanding its global presence through strategic localization, Zoomlion not only meets but often exceeds the evolving demands of modern construction and infrastructure development. This holistic approach to innovation, operational excellence, and global outreach makes Zoomlion a subject of keen interest for investment research and industry analysis.
Zoomlion (ZLIOY) has released its 2024 annual report, showcasing strong financial performance with total revenue of 45.48 billion yuan and net profit of 4 billion yuan, representing a 6.31% year-over-year increase. The company's gross profit margin improved to 28.17%, up 1.04 percentage points, while net profit margin reached 8.81%, up 0.8 percentage points.
A significant highlight is the company's international expansion, with overseas revenue reaching 23.38 billion yuan, a 30.58% increase year-over-year, now accounting for 51.41% of total revenue. The company operates over 400 overseas outlets across 170+ countries, employing 4,400 local staff representing 70% of its international workforce.
The company has implemented comprehensive digital transformation initiatives, including the operation of four main machinery parks at Zoomlion Smart City. A cash dividend of 3 yuan per 10 shares has been announced for shareholders.
Zoomlion Heavy Industry (1157.HK) will showcase 67 premium construction machinery equipment at bauma 2025 in Munich from April 7-13. The exhibition, themed 'Greener Development, Brighter Future,' will occupy 3,840 square meters at booth FS.905.
Key highlights include:
- The ZT72J-V, Europe's tallest straight-boom aerial work platform with intelligent obstacle avoidance
- ZE20G and ZE27GU excavators, with ZE20G holding the largest market share in Europe
- Tower cranes featuring 5G remote operation and new R-series with CE Certification
- Concrete machinery showcasing the world's first carbon fiber tube and intelligent management system
The exhibition will also feature products from Zoomlion subsidiaries m-tec and CIFA, manufactured locally for European customers, including interactive VR experiences.
Zoomlion Heavy Industry Science & Technology announced plans to build a modern smart factory for aerial work platforms in Hungary on February 21, 2025. The facility, to be located in Tatabánya at major highway network intersections, will be developed jointly with CTP Group on approximately 41.18 acres of land.
The factory will feature intelligent, digital, and environmentally sustainable production technologies to manufacture high-performance, premium-quality, and low-carbon aerial work platforms. The project is expected to create 800 local jobs and strengthen local supply chain partnerships.
This expansion aligns with Zoomlion's global business strategy, which has already established 10 overseas R&D and manufacturing bases, with products sold in over 150 countries. Notably, more than 50% of Zoomlion's revenue now comes from markets outside China. The company aims to bring the factory into operation within 2025.
Zoomlion Heavy Industry Science & Technology (1157.HK) has started 2025 with a major delivery event, shipping over 10,000 units of equipment valued at US$782.04 million. The delivery includes:
- Over 850 cranes worth US$246.96 million, including the world's largest 4,000-ton all-terrain crane
- More than 1,200 concrete machinery units valued at US$137 million
- 1,300 units of earthmoving and mining machinery worth US$123.48 million
- Over 1,100 aerial work platform units valued at US$41.16 million
- Tower cranes and construction hoists worth US$96.04 million
Notable deliveries include the world's first 100-ton wide-body mining dump truck and a 73-meter lightweight concrete pump. The equipment will be deployed across global markets including Australia, Nigeria, Mexico, Brazil, and Peru, with 70% of tower crane orders coming from overseas markets.
Zoomlion Heavy Industry (1157.HK) has announced the successful grid connection of its rooftop distributed photovoltaic project at the Mobile Crane Machinery Park, achieving full solar integration across its Smart Industrial City. The system spans four major parks covering 400,000 square meters with an 85 MWp capacity and annual output of 65.6 million kWh.
The installation will save 21,500 tons of standard coal and reduce CO2 emissions by 65,400 tons annually. The project enables Zoomlion to obtain over 6,500 green certificates yearly, enhancing product export potential through compliance with international green standards.
In 2024, the company implemented comprehensive energy-saving measures and expanded its new energy product lineup, with the Aerial Work Platform line now featuring over 90% coverage in new energy models. Zoomlion continues to advance green technologies across its operations, from production to delivery, while promoting sustainable practices throughout its supply chain.
Zoomlion Heavy Industry Science & Technology (1157.HK) hosted a strategic event in Riyadh, Saudi Arabia, launching 24 localized innovative products across seven construction equipment categories and three intelligent solutions for mining, nuclear plants, and infrastructure projects.
The company showcased products in mobile cranes, tower cranes, concrete, earthmoving, aerial work platforms, and industrial vehicles, along with five core intelligent systems. All products were specifically designed and tested for local environmental conditions and operator preferences.
Since entering Saudi Arabia in 2006, Zoomlion established a local subsidiary in 2021 and developed a comprehensive service network with 16 branches under a '1+11+4' structure, providing full-coverage services and technical support. The company's Chairman and CEO, Zhan Chunxin, engaged with clients and visited local construction sites, reinforcing their commitment to the Saudi market as a important region for their global expansion strategy.
Zoomlion (1157.HK) has unveiled the ZT82J, the world's tallest straight boom aerial work platform, reaching 82.3 meters in height. This marks the company's third world record in straight boom AWP technology. The platform features a 34.1-meter amplitude, 454kg maximum load capacity, and 35% climbing capability, incorporating 21 safety protection measures.
The company also introduced the ZT51JEH, a hybrid electric-diesel platform with 50.6-meter working height, and the ZA42J crank boom AWP with 44.03-meter working height. Additionally, Zoomlion launched seven telehandler models with heights from 6 to 25 meters and loads from 2.5 to 4.5 tons. During bauma CHINA 2024, the company secured orders from over 20 international clients and introduced intelligent safety equipment and management systems.
Zoomlion made a significant presence at bauma CHINA 2024 in Shanghai, showcasing over 70 products across nine major categories. The company unveiled several groundbreaking innovations, including the world's tallest self-propelled telescopic MEWP at 82 meters. The exhibition featured fully electric, driverless construction equipment and smart construction solutions, demonstrating Zoomlion's advancement in autonomous operations. The company secured multiple international sales agreements on the first day, covering various machinery categories. The event also included a special 'Zoomlion Impressions: Hunan Highlights' program, where over 300 international clients visited the company's Smart Industrial City in Changsha.
Zoomlion is set to present its largest exhibition at bauma CHINA 2024 from November 26-29 in Shanghai, featuring over 70 innovative products across nine categories. The showcase emphasizes green and intelligent manufacturing, with nearly 20 new energy products comprising 25% of the exhibited portfolio. The company will demonstrate autonomous equipment and AI-driven systems, including excavators and skid steer loaders. Highlights include the world's tallest 72-meter self-propelled aerial working platform and fully digitalized systems for mining operations. The exhibition targets a global audience from over 130 countries, offering customized solutions for international markets and bilingual live streaming.
Zoomlion showcased over 70 agricultural machinery products, including nine new high-end models, at the 2024 China International Agricultural Machinery Exhibition. Key highlights included the TF220 combine harvester with the largest feeding capacity in China's market, the 5HXQ-60 low-temperature dryer, and the DV3804 hybrid tractor. The company demonstrated smart farming solutions including precision systems for fertilization, irrigation, and plant protection. Zoomlion's agricultural machinery business has expanded to over 60 countries, serving more than ten million acres of land across China with digital farming technologies.
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