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Zoomlion Heavy Industry 

“Market Cap $6.06 B As of May 2014

At a Glance

  • Industry: Heavy Equipment
  • Founded: 1992
  • Country: China
  • CEO: Chunxin Zhan
  • Website: www.zljt.com
  • Employees: 27,028
  • Sales: $6.24 B
  • Headquarters: Changsha

Forbes Lists

#1176 Global 2000

  • #1405 in Sales
  • #960 in Profit
  • #1337 in Assets
  • #1677 in Market value

#86 Innovative Companies (2012) (#75 in 2011)

Asia’s Fab 50 Companies (2012)

Profile

Zoomlion Heavy Industry Science & Technology Co. Ltd. engages in the manufacturing of construction machinery. It is mainly specialized in the research and development and manufacturing of advanced technologies and equipment for infrastructure construction projects, including construction, energy engineering, environment engineering and transportation engineering projects. The company operates its business through the following segments: Concrete Machinery, Crane Machinery, Environmental & Sanitation Machinery, Road Construction & Pile Foundation Machinery, Earth Working Machinery, Material Handling Machinery & Systems and Finance Lease Services. The Concrete Machinery segment researches, develops, manufactures and sells various concrete machineries, including truck-mounted concrete pumps, trailer-mounted concrete pumps, concrete placing booms, concrete mixing plants, truck-mounted concrete mixers, truckmounted line concrete pumps and self-propelled boom concrete pumps. The Crane Machinery segment manufactures and sells a variety of cranes, including truck cranes, all-terrain truck cranes, crawler cranes and various types of tower cranes. The Environmental & Sanitation Machinery segment manufactures and sells a wide range of environmental and sanitation machineries, including road sweepers, washing vehicles and waste treatment equipment. The Road Construction & Pile Foundation Machinery segment manufactures and sells different types of road construction and pile foundation machineries, including road surface heaters, motor graders, road rollers, pavers, road surface cold planners, asphalt mixing equipment and rotary drilling rigs. The Earth Working Machinery segment manufactures and sells a variety of earth working machineries, including loaders, bulldozers and excavators. The Material Handling Machinery & Systems segment manufactures and sells different types of machineries and systems for handling huge materials, including stackers and reclaimers, pipe conveyors, port loading/unloading equipment and portal cranes. The Finance Lease Services segment provides finance lease services to customers for purchasing machinery products and from other vendors. The company was founded by Chun Xin Zhan on August 8, 1999 and is headquartered in Changsha, China.

“About Zoomlion Heavy Industry

Founded in 1992, Zoomlion Heavy Industry Science & Technology Development Co. Ltd. is mainly engaged in developing and manufacturing major high-tech equipment for infrastructure construction in the areas of building, energy, environmental, and transport engineering, and it is a continuously innovating global enterprise. Since it was founded 22 years ago, Zoomlion has had a compound annual average growth rate of over 50%, making it the world’s fastest growing construction machinery company. The company has independent intellectual property rights in 13 major categories and 86 product lines, as well as nearly 800 leading products, and it has the most complete global product chain of any construction machinery company. The company ranks among the world’s best in two business segments: concrete machinery and hoisting machinery. Zoomlion has registered capital of RMB 7.706 billion and employs nearly 30,000 people. In 2013, Zoomlion’s various operating units generated revenue of nearly RMB 80 billion, with profits of nearly RMB 9 billion.
Zoomlion has manufacturing bases around the world. China hosts 13 of the company’s large industrial and technological parks: the Zoomlion Science and Technology Park and industrial parks in Lugu, Wangcheng, Quantang, Guanxi, Hanshou, Deshan, Jinshi, Yuanjiang, Weinan, Huayang (Huashan), and Shanghai (Songjiang). Zoomlion also has the CIFA Industrial Park in Italy and industrial parks in India and Brazil. The company has subsidiaries in more than 40 countries around the world, as well as marketing and research institutes creating value for customers on six continents and in more than 80 countries, giving it a complete sales network and strong service system with worldwide coverage.
Zoomlion is China’s first construction machinery company to be listed on both the Shanghai and Hong Kong stock exchanges. In the future, the company plans to use capital as a link to strengthen integration of overseas resources and market investments. It will establish more comprehensive spare parts centers in Europe, South Asia, and West Asia; more advanced manufacturing centers in Europe, West Asia, South Asia, Southeast Asia, and North America; and establish research centers closer to customers in Europe, South America, South Asia, and East Asia. In 2013, Zoomlion made major adjustments to its development strategy, expanding its focus from developing merely its construction machinery sector to developing five sectors simultaneously, namely the construction machinery, agricultural machinery, sanitation, heavy trucks, and financial sectors.”

*Information from Forbes.com and Zoomlion.com

**Video published on YouTube by “GetecIntertrade