Zoomlion: Global Benchmark Heavy Machinery Company

Zoomlion Heavy Industry Science & Technology Development Co. Ltd. is a manufacturer of advanced technologies used in infrastructure constructions. Zoomlion is a public company listed on the Shenzhen Stock Exchange and the Hong Kong Stock Exchange.

Since the company’s founding in 1992, Zoomlion has maintained its annual growth rate of 65% to become the world’s fastest growing construction equipment enterprise. Zoomlion also has the most complete product lines of construction machineries – 13 categories with 86 series, for more than 800 varieties of products.

Zoomlion has a capitalization of RMB 7 billion. Its sub-operations contributed RMB 85 billion in revenues in 2011 with tax payments amounting RMB 12 billon. These achievements placed Zoomlion 7^th in the world in the construction equipment industry.

Research is at the forefront of everything Zoomlion does. It continuously pushes forward with reforms. The company is responsible for institutionalizing a mechanism with the principle “research supporting the industry and the industry financing the research”. The principle became a model for all the state-owned enterprises in their restructuring. Its expansions were fueled by acquisitions and reorganizations through the company’s active participation in many state-owned reforms, transformations and reorganizations so that new mechanisms and technologies may be implemented in the old enterprise. Zoomlion was able to achieve both social and economic benefits that made the company a benchmark for the reformation of state-owned enterprise.

The company is the proud owner of over 2,400 local and over 200 international patents. Among the most notable projects that Zoomlion has undertaken are the Large Mobile Cranes Research and Industrial Development, the Hoisting Truck Safety Monitoring and Early Warning Applications Development, and the Construction Machinery Electrical Systems Electromagnetic Compatibility Key Technologies Research. Zoomlion has over thirty other local and international science and technology projects.

Zoomlion is the first Chinese engineering machinery company to integrate overseas resources into the industry. It has adopted a capital leverage that integrates excellent quality assets on a worldwide scale which resulted in rapid international expansions and built a global manufacturing, marketing and service network. Zoomlion has had nine local and international acquisitions and mergers.