Zoomlion Showcases Advanced Equipment and Localized Solutions at the 4th China-Africa Economic and Trade Expo to Drive Development in Africa

Rhea-AI Summary

Zoomlion (ZLIOY) demonstrated its latest agricultural and engineering machinery solutions at the 4th China-Africa Economic and Trade Expo in Changsha, China. Since entering Africa in 2007, the company has deployed over 10,000 equipment units across the continent and established subsidiaries in multiple African countries. The company has shown strong growth with Q1 2025 sales reaching 60% of total 2024 sales. Zoomlion maintains a significant presence through subsidiaries in South Africa, Nigeria, Tanzania, and Kenya, with joint ventures in Algeria and comprehensive service networks. The company has contributed to major African infrastructure projects, including Egypt's New Administrative Capital and the Julius Nyerere Hydropower Project in Tanzania. With over 300 employees in Africa, 90% being local hires, Zoomlion demonstrates its commitment to local employment and skills development.

Positive

• Q1 2025 sales in Africa reached 60% of total 2024 sales, indicating strong growth momentum
• Extensive market presence with over 10,000 equipment units deployed across Africa
• 90% local employment rate among 300+ employees, contributing to regional development
• Strategic presence through subsidiaries in multiple African countries and comprehensive service networks

Negative

• None.

CHANGSHA, China, June 18, 2025 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK) showcased the latest agricultural and engineering machinery solutions tailored for the African market at the 4^th China-Africa Economic and Trade Expo, held from June 12 to 15 in Changsha, China. Since entering the African market in 2007, Zoomlion has actively participated in the construction of several landmark projects, while fostering local talent and playing a key role in advancing infrastructure and agriculture modernization.

Zoomlion highlighted a wide array of products including construction cranes, agricultural equipment, aerial work platforms and earthmoving machinery, which are specially designed to meet the unique performance, quality and technological demands of Africa's construction and agricultural environments.

Over the past 18 years, Zoomlion has established itself as one of the leading machinery exporters in Africa with over 10,000 units of equipment deployed across the continent.

Zoomlion has set up subsidiaries and extensive service networks in South Africa, Nigeria, Tanzania, Kenya and more. It has established a joint-venture factory in Algeria and operates spare parts centers in Algeria and South Africa while expanding its network of local dealers and distribution channels to provide comprehensive services to local customers encompassing sales, support, technical assistance and financing.

Zoomlion has been safeguarding major infrastructure and agricultural projects in Africa, including the construction of Egypt's New Administrative Capital which features 20 high-rises including Africa's tallest skyscraper of 385.8 meters, 12 commercial office buildings, five residential apartments and two luxury hotels; the Julius Nyerere Hydropower Project (JNHPP) in Tanzania that increases the installed hydropower capacity in the country from 562 megawatts by about 3.7 times; the N'Djamena Stadium in Chad that can host continental competitions and large-scale cultural events upon completion; the Rosso Bridge situated over the Senegal River at the border between Senegal and Mauritania that will serve as a key trading hub in Africa and foster closer economic ties.

Zoomlion is growing rapidly in the African market, with sales in the first quarter of 2025 reaching an impressive 60 percent of the total sales for the entire year of 2024. As of May 2025, Zoomlion's Africa team included more than 300 employees, with over 90% being local hires, serving as a key driver of regional employment and skills development.

View original content to download multimedia:https://www.prnewswire.com/news-releases/zoomlion-showcases-advanced-equipment-and-localized-solutions-at-the-4th-china-africa-economic-and-trade-expo-to-drive-development-in-africa-302484587.html

SOURCE Zoomlion

FAQ

What is Zoomlion's (ZLIOY) current market presence in Africa?

Zoomlion has over 10,000 equipment units deployed across Africa, with subsidiaries in South Africa, Nigeria, Tanzania, Kenya, and a joint-venture factory in Algeria

How strong is Zoomlion's sales growth in Africa for 2025?

Zoomlion's Q1 2025 sales in Africa reached 60% of their total 2024 sales, showing significant growth

What major African infrastructure projects has Zoomlion been involved in?

Zoomlion has contributed to Egypt's New Administrative Capital, Julius Nyerere Hydropower Project in Tanzania, N'Djamena Stadium in Chad, and the Rosso Bridge between Senegal and Mauritania

How many employees does Zoomlion have in Africa and what percentage are local hires?

Zoomlion has over 300 employees in Africa, with more than 90% being local hires

When did Zoomlion enter the African market?

Zoomlion entered the African market in 2007