Zoomlion Leads Industry to Reach Peak Carbon Emissions and Carbon Neutrality with Green Intelligent Manufacturing and Products

Rhea-AI Summary

CHANGSHA, China, Sept. 23, 2021 /PRNewswire/ -- Zoomlion Heavy Industry is spearheading green transformation in manufacturing, committing 100 billion yuan (USD 15.5 billion) to establish the Zoomlion Smart Industrial City. This initiative will leverage intelligent production lines and an IoT platform to enhance energy efficiency and reduce emissions. The company has also launched several green products, including the world's first pure electric truck crane. Zoomlion aims to further implement sustainable practices across its operations, driving towards carbon neutrality.

Positive

• Investment of 100 billion yuan (USD 15.5 billion) for the Zoomlion Smart Industrial City.
• Integration of 24 intelligent production lines with a green manufacturing technology rate of 98.7%.
• Launch of industry-leading green products, including the world's first pure electric truck crane.

Negative

• None.

CHANGSHA, China, Sept. 23, 2021 /PRNewswire/ -- As countries move towards peak carbon emissions and carbon neutrality goals in line with The Paris Agreement, Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK) is leading the industry by promoting green transformation and development through building intelligent green factories and continuously upgrading manufacturing processes, striving to contribute to energy conservation, emissions reduction and efficient use of resources.

Green Manufacturing

The company is investing 100 billion yuan (USD 15.5 billion) to build the Zoomlion Smart Industrial City, based on intelligent production lines and an Internet of Things (IoT) platform, adopting digital technologies to realize full integration of manufacturing factors and intelligent synergy and utilization, and achieving all-round energy conservation and emissions reduction. It's set to become a green and intelligent ecological new city and world-class 'lighthouse' factory.

Likewise, the Zoomlion Tower Crane Intelligent Factory - developed based on the sustainable life cycle design approach that utilizes green design, technology, packing, manufacturing and more – integrates 24 intelligent production lines and eight green manufacturing technologies to achieve an all-round green upgrade encompassing welding, dust removal, processing, painting, equipment and drive energy-saving and waste treatment.

The green rate of manufacturing technology and processes are 98.7 and 97.3 percent respectively, and the environmental impact rate has reduced to 2.7 percent with VOC emissions decreasing 60 percent year-on-year.

Green Products

Zoomlion has also released a series of industry-leading green products. In 2020, Zoomlion produced the world's first pure electric truck crane ZTC250N-EV which has a maximum speed of 90km/h and maximum gradeability of 50 percent, while energy cost is only 35 percent that of fuel products in the same class.

Zoomlion's new energy product portfolio also includes electric mixer trucks, lithium-ion and hybrid-power aerial work platforms, electric and hydrogen-powered forklifts.

Zoomlion will continue a sustainable development strategy and thoroughly implement green measures throughout operations, production, design, R&D and product, promote reaching carbon neutrality goals, and create added value for our customers' living environment, the industry and humankind.

About Zoomlion

Founded in 1992, Zoomlion Heavy Industry Science & Technology Co., Ltd. (1157.HK) is a high-end equipment manufacturing enterprise that integrates engineering machinery, agricultural machinery, and financial services. The company now sells 568 cutting-edge products from 70 product lines covering 11 significant categories.

www.zoomlion.com

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SOURCE Zoomlion

FAQ

What recent investment has Zoomlion Heavy Industry made for green manufacturing?

Zoomlion Heavy Industry has announced an investment of 100 billion yuan (USD 15.5 billion) to build the Zoomlion Smart Industrial City focused on green and intelligent manufacturing.

What is the green manufacturing technology rate for Zoomlion?

The green manufacturing technology rate for Zoomlion is 98.7%.

What notable green products has Zoomlion introduced?

Zoomlion has introduced several notable green products, including the world's first pure electric truck crane, electric mixer trucks, and hydrogen-powered forklifts.

When was the press release from Zoomlion issued?

The press release from Zoomlion was issued on September 23, 2021.

What are the environmental impacts of Zoomlion's manufacturing processes?

Zoomlion has reduced its environmental impact rate to 2.7%, with VOC emissions decreasing 60% year-on-year.