Welcome to our dedicated page for ZOOMLION HVY IND UNSP/ADR news (Ticker: ZLIOY), a resource for investors and traders seeking the latest updates and insights on ZOOMLION HVY IND UNSP/ADR stock.
Zoomlion Heavy Industry Science & Technology Co., Ltd., known as Zoomlion, is a prominent Chinese construction machinery and equipment manufacturer. In 2023, the company reported an annual revenue of RMB 47.075 billion, marking a 13.08% year-on-year increase, with a net profit of 3.771 billion yuan, a 58.13% rise. Zoomlion's international revenue reached a record high of 38.04% of total revenue, amounting to 17.905 billion yuan, reflecting a 79.2% year-on-year increase. The company has established more than 30 primary business hubs and over 350 secondary outlets globally, with a workforce of over 3000 employees outside China. Zoomlion's focus on digitization, intelligence, and green initiatives has driven its growth, with breakthroughs in 5G, cloud computing, AI, and more. The company leads in patent applications for digital innovations. Leveraging intelligent manufacturing, Zoomlion operates 23 smart factories, enhancing productivity and efficiency significantly. The company continues to expand its international footprint through strategic partnerships and a strong commitment to technological advancement.
Zoomlion Heavy Industry (1157.HK) has announced the successful grid connection of its rooftop distributed photovoltaic project at the Mobile Crane Machinery Park, achieving full solar integration across its Smart Industrial City. The system spans four major parks covering 400,000 square meters with an 85 MWp capacity and annual output of 65.6 million kWh.
The installation will save 21,500 tons of standard coal and reduce CO2 emissions by 65,400 tons annually. The project enables Zoomlion to obtain over 6,500 green certificates yearly, enhancing product export potential through compliance with international green standards.
In 2024, the company implemented comprehensive energy-saving measures and expanded its new energy product lineup, with the Aerial Work Platform line now featuring over 90% coverage in new energy models. Zoomlion continues to advance green technologies across its operations, from production to delivery, while promoting sustainable practices throughout its supply chain.
Zoomlion Heavy Industry Science & Technology (1157.HK) hosted a strategic event in Riyadh, Saudi Arabia, launching 24 localized innovative products across seven construction equipment categories and three intelligent solutions for mining, nuclear plants, and infrastructure projects.
The company showcased products in mobile cranes, tower cranes, concrete, earthmoving, aerial work platforms, and industrial vehicles, along with five core intelligent systems. All products were specifically designed and tested for local environmental conditions and operator preferences.
Since entering Saudi Arabia in 2006, Zoomlion established a local subsidiary in 2021 and developed a comprehensive service network with 16 branches under a '1+11+4' structure, providing full-coverage services and technical support. The company's Chairman and CEO, Zhan Chunxin, engaged with clients and visited local construction sites, reinforcing their commitment to the Saudi market as a important region for their global expansion strategy.
Zoomlion (1157.HK) has unveiled the ZT82J, the world's tallest straight boom aerial work platform, reaching 82.3 meters in height. This marks the company's third world record in straight boom AWP technology. The platform features a 34.1-meter amplitude, 454kg maximum load capacity, and 35% climbing capability, incorporating 21 safety protection measures.
The company also introduced the ZT51JEH, a hybrid electric-diesel platform with 50.6-meter working height, and the ZA42J crank boom AWP with 44.03-meter working height. Additionally, Zoomlion launched seven telehandler models with heights from 6 to 25 meters and loads from 2.5 to 4.5 tons. During bauma CHINA 2024, the company secured orders from over 20 international clients and introduced intelligent safety equipment and management systems.
Zoomlion made a significant presence at bauma CHINA 2024 in Shanghai, showcasing over 70 products across nine major categories. The company unveiled several groundbreaking innovations, including the world's tallest self-propelled telescopic MEWP at 82 meters. The exhibition featured fully electric, driverless construction equipment and smart construction solutions, demonstrating Zoomlion's advancement in autonomous operations. The company secured multiple international sales agreements on the first day, covering various machinery categories. The event also included a special 'Zoomlion Impressions: Hunan Highlights' program, where over 300 international clients visited the company's Smart Industrial City in Changsha.
Zoomlion is set to present its largest exhibition at bauma CHINA 2024 from November 26-29 in Shanghai, featuring over 70 innovative products across nine categories. The showcase emphasizes green and intelligent manufacturing, with nearly 20 new energy products comprising 25% of the exhibited portfolio. The company will demonstrate autonomous equipment and AI-driven systems, including excavators and skid steer loaders. Highlights include the world's tallest 72-meter self-propelled aerial working platform and fully digitalized systems for mining operations. The exhibition targets a global audience from over 130 countries, offering customized solutions for international markets and bilingual live streaming.
Zoomlion showcased over 70 agricultural machinery products, including nine new high-end models, at the 2024 China International Agricultural Machinery Exhibition. Key highlights included the TF220 combine harvester with the largest feeding capacity in China's market, the 5HXQ-60 low-temperature dryer, and the DV3804 hybrid tractor. The company demonstrated smart farming solutions including precision systems for fertilization, irrigation, and plant protection. Zoomlion's agricultural machinery business has expanded to over 60 countries, serving more than ten million acres of land across China with digital farming technologies.
Zoomlion (1157.HK) has inaugurated its Hoisting Machinery Park in Zoomlion Smart Industrial City, Changsha, China. The park's opening completes all four main machinery parks in the industrial city, marking a significant milestone in digital transformation and intelligent manufacturing. Zoomlion unveiled a 4,000-ton all-terrain crane, the world's largest, capable of installing wind turbines at 185 meters height.
The park features the world's first intelligent factory for wheeled cranes, producing one crane every 18 minutes. It includes 56 intelligent product lines, with four dark production lines. The Zoomlion Smart Industrial City incorporates over 150 technologies, 12 smart factories, and 2,000 industrial robots, showcasing Zoomlion's commitment to intelligent and green manufacturing in the construction crane sector.
Zoomlion has unveiled the ZTE520, the world's largest hybrid electric drive mining truck, setting new standards for efficiency and sustainability in the mining industry. With a 300-ton payload capacity and a maximum total weight exceeding 520 tons, this innovative truck combines a powerful diesel engine with the industry's largest hybrid battery, achieving up to 15% energy savings.
The ZTE520 features independently developed components, ensuring supply chain stability and reduced user costs. It integrates seamlessly with Zoomlion's large mining excavators, making it ideal for large-scale open-pit mining operations. The launch event, attended by over 200 guests, showcased Zoomlion's commitment to technological innovation and sustainable development in the mining sector.
Zoomlion Heavy Industry Science & Technology Co., (ZLIOY) has launched its first Overseas Academy in Changsha, China, marking a significant step in its global talent development strategy. The academy's inauguration coincided with the first session of the Global Employee Training Program, attended by 61 trainees from 26 countries. Simultaneously, Zoomlion initiated a pilot project for Turkey's Career Development System.
The Overseas Academy aims to enhance international business capabilities and global presence. The training program focuses on company history, intelligent manufacturing, product knowledge, and cross-cultural collaboration. In Turkey, the Career Development System introduces dual career paths, qualification standards, and a clear promotion evaluation mechanism.
With over 3,000 local employees worldwide and products in more than 140 countries, Zoomlion is committed to fostering professional growth and international business success through these initiatives.
Zoomlion Heavy Industry Science & Technology Co., (ZLIOY) has delivered its first fully autonomous skid-mounted hydrogen refueling station to China Huadian 's hydrogen heavy truck project in Inner Mongolia. This marks a significant breakthrough in hydrogen energy equipment manufacturing and green transportation development. The station features large displacement up to 1,000Nm³/h, low energy consumption below 0.8kWh/kg, and easy maintenance.
Zoomlion's third-generation hydrogen compressor, the core of the refueling station, integrates advanced technologies and achieves high-pressure, high-temperature, oil-free lubrication. The company has made significant progress in lithium battery and hydrogen fuel technologies, developing China's first 45MPa hydrogen liquid drive piston compressor. Zoomlion has also created two heavy-duty chassis for pure electric and hydrogen power vehicles, with over 80% of new energy core components developed in-house.