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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.
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Zoomlion Heavy Industry Science & Technology Co., Ltd. (1157.HK) is accelerating growth and innovation in the Middle East with strategic development and collaborative innovation. The company's recent business highlights include securing contracts for 85 types of equipment in the UAE and Saudi Arabia, totaling over 200 million Yuan, with prospective orders of over 500 million Yuan. In Saudi Arabia, sales surged by more than 170% year-on-year, contributing to significant infrastructure projects. The company also signed contracts and prospective orders totaling over 35 million Yuan in Oman and unveiled innovative crane models tailored for oil field operations. Zoomlion is set to expand its localization efforts by establishing new subsidiaries in Qatar and Kuwait.
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Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion, 1157.HK) demonstrates engineering prowess by constructing China's fifth Antarctic research station on Inexpressible Island in Terra Nova Bay, Ross Sea. The 5,244 square meter Station will house up to 80 researchers and support multi-disciplinary research in atmospheric and marine environments, and biological ecology.
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Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion, 1157.HK) held the 2024 Zoomlion Agriculture Machinery Global Business Conference in Changsha, attracting nearly 1,000 dealers and over 140 international representatives. The event showcased 51 advanced equipment models spanning 12 categories, covering the entire agricultural process. Zoomlion's innovative technology and product development received high praise. The company aims to create a world-class agricultural machinery and equipment hub, leveraging resources from its construction machinery segment. With a dedicated team of over 2,000 experts, Zoomlion has built an extensive sales and service network spanning China and over 70 countries and regions worldwide. The company's overseas business model has contributed to a year-on-year overseas revenue increase of over 100%, making Zoomlion China's top agricultural machinery exporter for three consecutive years.
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Zoomlion Heavy Industry Science & Technology Co., Ltd. (Ticker: ZLION) delivers over 200 units of equipment to Australia, Saudi Arabia, Turkey, and Indonesia, emphasizing a localization strategy and the adaptability of its products to various working conditions.
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Zoomlion (ZLIOY) Accelerates Green Transformation Roadmap to Promote Sustainable Development Amidst Global Focus on Climate Change
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Zoomlion receives recognition from UN Global Compact for sustainable development practices
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Zoomlion accelerates international collaborations and partnerships to drive high-quality, sustainable development.
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Zoomlion collaborates with Lao Ministry of Agriculture and Forestry to jointly develop Lao agricultural machinery standard system
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Zoomlion reports H1 2023 results; international revenue soars by 115.39% YoY
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Zoomlion Heavy Industry Science & Technology Co., Ltd. has launched an initiative to support underprivileged university students through a two-week immersive camp. This is part of their 'Love-Changes-Destiny' social welfare program and aims to empower students through hands-on corporate experiences. The initiative aligns with the theme of International Youth Day 2023, which focuses on 'Green Skills for Youth: Towards A Sustainable World.' Zoomlion has been partnering with multiple organizations since 2003 and has raised 462 million yuan (USD 64.47 million) to support over 104,000 students through college.
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FAQ
What is the current stock price of Zoomlion Heavy Ind Science & (ZLIOY)?
The current stock price of Zoomlion Heavy Ind Science & (ZLIOY) is $6.4 as of February 18, 2025.
What is the market cap of Zoomlion Heavy Ind Science & (ZLIOY)?
The market cap of Zoomlion Heavy Ind Science & (ZLIOY) is approximately 8.3B.
What is Zoomlion?
Zoomlion Heavy Industry Science & Technology Co., Ltd. is a prominent Chinese construction machinery and equipment manufacturer.
What were Zoomlion's financial results in 2023?
In 2023, Zoomlion reported an annual revenue of RMB 47.075 billion, a net profit of 3.771 billion yuan, and international revenue of 17.905 billion yuan.
How has Zoomlion expanded its global presence?
Zoomlion has established over 30 primary business hubs and 350 secondary outlets worldwide, with a workforce of over 3000 employees outside China, covering more than 140 countries and regions.
What technologies has Zoomlion focused on?
Zoomlion has prioritized digitization, intelligence, and green initiatives, with breakthroughs in 5G, cloud computing, AI, and other core technologies.
Zoomlion Heavy Ind Science &