ZOOMLION HVY IND UNSP/ADR - ZLIOY STOCK NEWS

Zoomlion Heavy Industry has launched the W220-10S, its first flat-top tower crane, co-developed with German partners, in Europe as of June 2022. This milestone represents a significant collaboration aimed at enhancing European market offerings. The W220-10S features local adaptations for safety, intelligence, and customization, reflecting Zoomlion's strategy of win-win cooperation. Since acquiring companies like CIFA and collaborating with MAZ, Zoomlion has seen over 30% revenue growth from overseas operations, highlighting its successful integration and market presence in Europe.

On July 4, 2022, Zoomlion announced the delivery of two ZAT24000H all-terrain cranes to Huanghua Haibin Lifting Installing Engineering Co., Ltd. on June 30 in Hebei Province. This crane has set a new record by becoming the world's largest tonnage all-terrain crane, surpassing previous models. Designed for wind power construction, it features a robust lifting performance and adaptability to various conditions, able to lift turbines to 160 meters in just 30 minutes. The crane's advanced design enhances stability and safety, reflecting Zoomlion's commitment to quality and innovation.

Zoomlion Heavy Industry Science & Technology Co., Ltd. reported a significant 51.05% year-on-year growth in overseas sales for 2021, highlighting its effective localization strategy and international logistics solutions. Key projects include providing equipment for the N'Djamena Stadium in Chad and India's Mumbai metro. The company has customized products for different markets, such as energy-efficient pumping equipment for Singapore. Zoomlion aims to enhance logistics efficiency, reducing delivery time to Europe from 40 days to less than 15 days, further strengthening its international presence.

Zoomlion, a leader in high-end equipment manufacturing based in China, is promoting green development in the construction machinery industry in support of Earth Day 2022. The company emphasizes eco-friendly, energy-efficient products and sustainable factories as part of its green development strategy aligned with China's dual carbon goals.

Zoomlion's new energy product lineup includes a comprehensive range of aerial work platforms (AWP), with a notable 40-meter electric AWP. New energy models accounted for 60% of AWP sales in 2021, reaching 58 countries. Looking ahead, Zoomlion aims to enhance technological innovation and localization in international markets.

On April 11, 2022, Zoomlion unveiled the world's first hybrid all-terrain crane, the ZAT2200VE863, enhancing the construction machinery sector's shift towards new energy solutions. With a powerful dual-engine system delivering 360kW, this crane offers three operation modes: pure electric, plug-in, and fuel power. In pure electric mode, it operates for up to eight hours without fuel. Compared to existing cranes, it boasts a nearly 10-fold increase in tonnage, hitting 220 tons, and saves 35% fuel compared to traditional models, contributing to lower emissions and better energy efficiency.

Zoomlion reported its 2021 annual revenue at RMB 67.131 billion, a 3.11% increase from the previous year. Major growth drivers include emerging segments such as aerial work machinery and earthmoving machinery, contributing over 20% of total revenue. The aerial work machinery segment saw a remarkable 310.76% year-over-year growth, while earthmoving machinery revenues surged by 21%. Overall, Zoomlion is focusing on expanding its presence in key segments and geographical markets.

Zoomlion, a leading equipment manufacturing company, is advancing its role in the Belt and Road Initiative (BRI) to promote global economic cooperation. The company has established R&D hubs and trade platforms in over 80 countries, significantly contributing to infrastructure projects like the Padma Bridge in Bangladesh and the Iconic Tower in Egypt. Despite pandemic challenges, acquisitions have led to a 30% revenue increase year-on-year across its acquired companies. Zoomlion aims for sustainable growth while respecting local cultures and regulations.

Zoomlion Heavy Industry Science & Technology Co., Ltd. launched the first collaborative intelligent robotic excavator during its 6th Science and Technology Innovation Conference on January 7, 2022. This advanced machine integrates AI and smart control, enabling it to perform tasks autonomously based on operator input via voice or gesture commands. The excavator boosts construction efficiency and reduces operational costs, especially in hazardous environments. Zoomlion aims to further enhance human-machine collaboration technology, reinforcing its position as a leader in construction machinery innovation.