Zoomlion Heavy Ind Science & Stock Price, News & Analysis

Zoomlion Heavy Industry Science & Technology announced plans to build a modern smart factory for aerial work platforms in Hungary on February 21, 2025. The facility, to be located in Tatabánya at major highway network intersections, will be developed jointly with CTP Group on approximately 41.18 acres of land.

The factory will feature intelligent, digital, and environmentally sustainable production technologies to manufacture high-performance, premium-quality, and low-carbon aerial work platforms. The project is expected to create 800 local jobs and strengthen local supply chain partnerships.

This expansion aligns with Zoomlion's global business strategy, which has already established 10 overseas R&D and manufacturing bases, with products sold in over 150 countries. Notably, more than 50% of Zoomlion's revenue now comes from markets outside China. The company aims to bring the factory into operation within 2025.

Zoomlion Heavy Industry Science & Technology (1157.HK) has started 2025 with a major delivery event, shipping over 10,000 units of equipment valued at US$782.04 million. The delivery includes:

- Over 850 cranes worth US$246.96 million, including the world's largest 4,000-ton all-terrain crane
- More than 1,200 concrete machinery units valued at US$137 million
- 1,300 units of earthmoving and mining machinery worth US$123.48 million
- Over 1,100 aerial work platform units valued at US$41.16 million
- Tower cranes and construction hoists worth US$96.04 million

Notable deliveries include the world's first 100-ton wide-body mining dump truck and a 73-meter lightweight concrete pump. The equipment will be deployed across global markets including Australia, Nigeria, Mexico, Brazil, and Peru, with 70% of tower crane orders coming from overseas markets.

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.