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Zoomlion's 2000-ton Crawler Crane Breaks Record as Largest Tonnage Crane Exported from China to Global Markets

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On March 5, 2021, Zoomlion Heavy Industry signed a significant order with Turkey's largest crane leasing company for the ZCC32000W, a 2000-ton crawler crane, marking a record in China's crane manufacturing. Valued over 100 million yuan (approx. $15.3 million), the deal emphasizes Zoomlion's entry into the international high-end super large-tonnage crane market. This order follows the successful deployment of the ZCC9800W crane, which has surpassed competitors in efficiency. In Q1 2021, Zoomlion reported record shipment volumes, demonstrating robust growth in the construction machinery industry.

Positive
  • Signed a 100 million yuan order for the ZCC32000W, enhancing market presence.
  • ZCC9800W crane received high praise for efficiency, leading to additional orders.
  • Record shipment volume of over 1.1 billion yuan in Q1 2021, reflecting strong demand.
Negative
  • None.

CHANGSHA, China, March 17, 2021 /PRNewswire/ -- On March 5, Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") (1157.HK) successfully signed an order with Turkey's largest local crane equipment leasing company to import the ZCC32000W, a 2000-ton crawler crane, setting a new record for the largest tonnage crane to be manufactured in China. The sign-off of the order marks Zoomlion's entrance into the international high-end market for super large-tonnage cranes.

Valued at over 100 million yuan ($US 15.3 million), the products for export include the 2000-ton superstar hoisting product, the ZCC32000W crawler crane, as well as the ZCC9800W which is dubbed "the King of Wind Power".

"ZCC9800W has been servicing the client's wind power station project for over 7 months and due to its high construction efficiency as well as its features of easy operability and transferability, the product has earned high praise from clients," said Mr. Kayim, European Regional Manager of Zoomlion's Construction Hoisting Machinery.

"In general, Zoomlion's ZCC9800W can hoist one extra set of wind turbines per month compared to other cranes. Meanwhile, we continue to offer high standard, customized services such as transferring and commissioning despite difficulties brought about by the pandemic," added Mr. Kayim. Based on previous cooperation experience, the client made this additional purchase of Zoomlion's products.

In the first quarter of 2021, Zoomlion's businesses are booming due to the recovery and growth of the international construction machinery industry, and the shipment volume of each business unit hit a record high. On February 18, Zoomlion shipped more than 1.1-billion-yuan ($US 168.45 million) worth of products to domestic and international markets.

The newly signed order demonstrates the increasing brand influence and competitiveness of Zoomlion's high-end manufacturing in the world. Zoomlion will further develop in the global construction machinery market through close cooperation with key international clients. In 2021, the company is dedicated to accelerating the technological innovation and upgrading of intelligent, digital, and green manufacturing to achieve continued growth.

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 600 cutting-edge products from 56 product lines covering ten significant categories.

Cision View original content:http://www.prnewswire.com/news-releases/zoomlions-2000-ton-crawler-crane-breaks-record-as-largest-tonnage-crane-exported-from-china-to-global-markets-301248956.html

SOURCE Zoomlion

FAQ

What is the significance of Zoomlion's recent order on March 5, 2021, for ZCC32000W?

The order is noteworthy as it establishes Zoomlion's presence in the international high-end super large-tonnage crane market, valued at over 100 million yuan.

How does the ZCC9800W crane compare to competitors?

The ZCC9800W has outperformed competitors by hoisting one extra set of wind turbines per month, indicating its superior construction efficiency.

What were Zoomlion's shipment figures in Q1 2021?

In Q1 2021, Zoomlion achieved record shipment volumes exceeding 1.1 billion yuan, signaling strong business recovery.

What future plans does Zoomlion have following this order?

Zoomlion aims to accelerate technological innovation and expand its global presence through cooperation with international clients.

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