STOCK TITAN

Zoomlion Launches Full Operation of New Tower Crane Intelligent Manufacturing Factory

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Zoomlion Heavy Industry Science & Technology Co., Ltd. launched its tower crane intelligent manufacturing factory in Changde, China, on May 17, 2021. This new facility enhances production efficiency, with one tower crane being produced every 18 minutes, and aims for an annual output value exceeding US$3.11 billion. The factory incorporates advanced technologies, including big data and industrial internet for improved production quality. Additionally, Zoomlion delivered two units of the world's largest wind power luffing jib tower crane, reinforcing its commitment to green development.

Positive
  • Annual output value projected to exceed US$3.11 billion.
  • Production efficiency: one tower crane produced every 18 minutes.
  • Incorporation of advanced technologies for enhanced product quality.
  • Commitment to green development with eco-friendly manufacturing processes.
Negative
  • None.

CHANGDE, China, May 26, 2021 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK) officially launched full operation of its tower crane intelligent manufacturing (IM) factory on May 17 in Changde, Hunan Province.

Now in full operation, Zoomlion's tower crane IM factory has improved production efficiency greatly – one tower crane rolls off the assembly line every 18 minutes. Annual output value will reach US$3.11 billion and above, achieving world-leading scale and quality while further completing Zoomlion's digital and green transformation and upgrade.

The Zoomlion tower crane IM factory has a new layout of one "intelligent factory", two "lighthouse workshops", three "intelligent warehouses" and four "blackout production lines", manufacturing each series of tower cranes and construction lifts in the 63-20,000 tonne-meter range. Its 24 intelligent production lines and three intelligent warehouses can significantly improve product quality through comprehensive upgrading from raw materials, blanking, welding to packaging, logistics and testing.

The factory is also fully digitalized to integrate big data analysis and technologies including industrial internet, information system, visualization and more to achieve fully covered networking and man-machine interaction.

Upholding its mission of leading the green development of the heavy equipment industry, Zoomlion's new IM factory was built with green design philosophies, adopting green design, green technologies, green packing and green production to realize fully green and sustainable upgrading of welding, dedusting and processing.

Meanwhile, Zoomlion delivered two units of the world's largest wind power luffing jib tower crane LW2340-180 to the customer. The 180-ton has a maximum lifting height of 180 meters and will be deployed to Heilongjiang and Henan provinces to work on wind power construction.

"The tower crane IM factory is an integral link of Zoomlion's plan to realize 'producing green products in green factories, serving green energy with green products.' Leading the green development of the construction machinery industry has always been a key mission of Zoomlion as the world's largest tower crane manufacturer," said Tang Shaofang, Vice President of Zoomlion.

About Zoomlion

Founded in 1992, Zoomlion Heavy Industry Science & Technology Co., Ltd. (01157.HK) is a high-end equipment manufacturing enterprise that integrates engineering machinery, agricultural machinery, and financial services. The company now sells more than 568 cutting-edge products from 70 product lines covering 11 significant categories.

www.zoomlion.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/zoomlion-launches-full-operation-of-new-tower-crane-intelligent-manufacturing-factory-301299907.html

SOURCE Zoomlion

FAQ

What is the significance of Zoomlion's new tower crane factory operation on May 17, 2021?

The new tower crane factory enhances production efficiency and is expected to achieve an annual output exceeding US$3.11 billion.

How often does the new tower crane factory produce cranes?

The factory produces one tower crane every 18 minutes.

What technologies are integrated into Zoomlion's tower crane manufacturing?

The factory uses big data analysis and industrial internet technologies to improve production quality.

What is the environmental focus of Zoomlion's new manufacturing facility?

The factory emphasizes green manufacturing through eco-friendly design, technologies, and processes.

What notable product did Zoomlion deliver after launching the new factory?

Zoomlion delivered two units of the world's largest wind power luffing jib tower crane.

ZOOMLION HVY IND UNSP/ADR

OTC:ZLIOY

ZLIOY Rankings

ZLIOY Latest News

ZLIOY Stock Data

7.96B
5.62B
Farm & Heavy Construction Machinery
Industrials
Link
United States of America
Changsha