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Zoomlion Heavy Industry Science & Technology Co., Ltd., known as Zoomlion, is a prominent Chinese construction machinery and equipment manufacturer. In 2023, the company reported an annual revenue of RMB 47.075 billion, marking a 13.08% year-on-year increase, with a net profit of 3.771 billion yuan, a 58.13% rise. Zoomlion's international revenue reached a record high of 38.04% of total revenue, amounting to 17.905 billion yuan, reflecting a 79.2% year-on-year increase. The company has established more than 30 primary business hubs and over 350 secondary outlets globally, with a workforce of over 3000 employees outside China. Zoomlion's focus on digitization, intelligence, and green initiatives has driven its growth, with breakthroughs in 5G, cloud computing, AI, and more. The company leads in patent applications for digital innovations. Leveraging intelligent manufacturing, Zoomlion operates 23 smart factories, enhancing productivity and efficiency significantly. The company continues to expand its international footprint through strategic partnerships and a strong commitment to technological advancement.
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.
Zoomlion (1157.HK) has inaugurated its Hoisting Machinery Park in Zoomlion Smart Industrial City, Changsha, China. The park's opening completes all four main machinery parks in the industrial city, marking a significant milestone in digital transformation and intelligent manufacturing. Zoomlion unveiled a 4,000-ton all-terrain crane, the world's largest, capable of installing wind turbines at 185 meters height.
The park features the world's first intelligent factory for wheeled cranes, producing one crane every 18 minutes. It includes 56 intelligent product lines, with four dark production lines. The Zoomlion Smart Industrial City incorporates over 150 technologies, 12 smart factories, and 2,000 industrial robots, showcasing Zoomlion's commitment to intelligent and green manufacturing in the construction crane sector.
Zoomlion has unveiled the ZTE520, the world's largest hybrid electric drive mining truck, setting new standards for efficiency and sustainability in the mining industry. With a 300-ton payload capacity and a maximum total weight exceeding 520 tons, this innovative truck combines a powerful diesel engine with the industry's largest hybrid battery, achieving up to 15% energy savings.
The ZTE520 features independently developed components, ensuring supply chain stability and reduced user costs. It integrates seamlessly with Zoomlion's large mining excavators, making it ideal for large-scale open-pit mining operations. The launch event, attended by over 200 guests, showcased Zoomlion's commitment to technological innovation and sustainable development in the mining sector.
Zoomlion Heavy Industry Science & Technology Co., (ZLIOY) has launched its first Overseas Academy in Changsha, China, marking a significant step in its global talent development strategy. The academy's inauguration coincided with the first session of the Global Employee Training Program, attended by 61 trainees from 26 countries. Simultaneously, Zoomlion initiated a pilot project for Turkey's Career Development System.
The Overseas Academy aims to enhance international business capabilities and global presence. The training program focuses on company history, intelligent manufacturing, product knowledge, and cross-cultural collaboration. In Turkey, the Career Development System introduces dual career paths, qualification standards, and a clear promotion evaluation mechanism.
With over 3,000 local employees worldwide and products in more than 140 countries, Zoomlion is committed to fostering professional growth and international business success through these initiatives.
Zoomlion Heavy Industry Science & Technology Co., (ZLIOY) has delivered its first fully autonomous skid-mounted hydrogen refueling station to China Huadian 's hydrogen heavy truck project in Inner Mongolia. This marks a significant breakthrough in hydrogen energy equipment manufacturing and green transportation development. The station features large displacement up to 1,000Nm³/h, low energy consumption below 0.8kWh/kg, and easy maintenance.
Zoomlion's third-generation hydrogen compressor, the core of the refueling station, integrates advanced technologies and achieves high-pressure, high-temperature, oil-free lubrication. The company has made significant progress in lithium battery and hydrogen fuel technologies, developing China's first 45MPa hydrogen liquid drive piston compressor. Zoomlion has also created two heavy-duty chassis for pure electric and hydrogen power vehicles, with over 80% of new energy core components developed in-house.
Zoomlion Heavy Industry Science & Technology Co., (ZLIOY) is commemorating World Humanitarian Day by intensifying its global humanitarian efforts. The company has been actively participating in disaster relief missions, both domestically and internationally. Notable contributions include:
1. Deploying a 19-member emergency rescue team and three high-volume drainage vehicles for flood relief in Hunan, China, draining 2.084 million cubic meters of water over 37 days.
2. Supporting the 2023 Turkey-Syria Earthquake relief with 23 units of equipment and a rescue team that saved over 30 lives.
3. Donating agricultural equipment to the Dominican Republic to promote sustainable farming.
4. Providing financial support through charitable programs, including 34 million yuan for students and 42.6 million yuan for employees in need.
Zoomlion's R20000-720, the world's largest tower crane, is playing a important role in constructing the Shiziyang Bridge in Guangzhou, China. The bridge, set to be the world's largest dual-level suspension bridge, has a record-breaking main span of 2,180 meters. The R20000-720 boasts a rated lifting capacity of 20,000 tonne-meters and a maximum lifting capacity of 720 tonnes. It features innovative technologies, including a moving counterweight system that enhances lifting performance by over 60% and a lightweight structure that reduces upper structure weight by more than 20%. The crane integrates 158 innovative research achievements and 305 invention patents. Zoomlion is also deploying other equipment, including crawler cranes and pumping trucks, to ensure the project's success.
Hou Zhihui of the Hunan Zoomlion Weightlifting Team clinched gold in the women's 49kg category at the Paris Olympics, defending her Olympic title with a thrilling comeback. She lifted 89kg in snatch and 117kg in clean and jerk, totaling 206kg and breaking her own Olympic record. Hou, 27, joined the Zoomlion team in 2009 and has numerous national and international titles.
Zoomlion, a 21-year strategic partner in Hunan's sports development, has significantly contributed to the team's success, with the Hunan Weightlifting Team securing seven Olympic gold medals. The Hunan Provincial Sports Bureau praised Zoomlion's support, which provided athletes with resources and motivation during Olympic preparations.
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