Zoomlion Heavy Ind Science & Stock Price, News & Analysis

On November 26, 2021, Zoomlion Heavy Industry unveiled 16 new energy products at its Changsha facility, marking a significant step in green manufacturing. The lineup includes innovations like the world's first fully-electric truck crane, ZTC250N-EV, and a 118-ton off-road fully-electric dump truck, ZT118EV. These products, spanning eight categories, feature technologies such as pure electric, hydrogen fuel cells, and hybrids, aiming for reduced emissions and enhanced performance. Zoomlion's strategy focuses on sustainable development, contributing to the heavy machinery industry's shift towards environmental consciousness.

On October 28, 2021, Zoomlion Heavy Industry unveiled the W12000-450, the world's largest top-slewing tower crane, at its facility in Changde, China. This crane, weighing 4,000 tons, boasts a lifting capacity of 450 tons and a height of 400 meters, making it capable of lifting the equivalent of 300 cars to a height of 130 floors. Designed for the Changzhou-Taizhou Yangtze River Bridge project, the W12000-450 utilizes advanced self-developed technologies to ensure safety and performance. Production was completed in just four months, showcasing Zoomlion's capabilities in the construction machinery sector.

CHANGSHA, China, Sept. 23, 2021 /PRNewswire/ -- Zoomlion Heavy Industry is spearheading green transformation in manufacturing, committing 100 billion yuan (USD 15.5 billion) to establish the Zoomlion Smart Industrial City. This initiative will leverage intelligent production lines and an IoT platform to enhance energy efficiency and reduce emissions. The company has also launched several green products, including the world's first pure electric truck crane. Zoomlion aims to further implement sustainable practices across its operations, driving towards carbon neutrality.

On September 16, 2021, Zoomlion Heavy Industry exported the ZCC32000 crawler crane to Turkey, marking it as the largest tonnage crane ever exported from China. The 2,000-ton crane boasts a maximum load moment of 32,000 ton-meters and a boom height of 168 meters. Its advanced design allows for improved performance and adaptability in complex conditions. In H1 2021, Zoomlion reported a 52.28% increase in overseas revenue, with crane products up 60.8% year-on-year. This export is Zoomlion's third record-breaking crane export within a year, highlighting its technological advancements and strong market presence.

Zoomlion Heavy Industry Science & Technology Co., Ltd. (1157.HK) showcased its 5G tower crane remote control system, successfully executing its first hoisting task on June 25, 2021, at Zhengzhou Jiangshan School. The system, developed with Henan Telecom's advanced 5G technology, enhances safety and operational efficiency by enabling remote control. Key features include an all-around video surveillance system, intelligent tracking of crane hooks, status monitoring, and an anti-collision system. Zoomlion aims to continue its digital transformation and bolster product innovation.

Zoomlion Heavy Industry is committed to supporting sports in China, having backed the Hunan weightlifting team for over 17 years. The company donated RMB 1 million (approx. US$154,340) in 2020 and plans another similar donation in August 2021. Beyond financial contributions, Zoomlion engages youth through events like the recent Youth Fun Run, attracting over 500 participants. The company also plays a key role in constructing major sports venues, including stadiums for the FIFA World Cup. Their initiatives aim to inspire athletes and promote a sporting spirit across communities.

Zoomlion Heavy Industry Science & Technology Co., Ltd. (1157.HK) reported significant growth in international markets during H1 2021, characterized by increased exports of construction and agricultural machinery to Europe, North America, and other regions. Notably, its tower cranes were utilized for the Lusail Stadium in Qatar, showcasing the company's product prowess. The firm also expanded its operations in Vietnam and sent 100 earthmoving units to Southeast Asia for infrastructure projects. Driven by rising demand for green-energy equipment, Zoomlion's electric boom aerial work platforms saw sales spikes.

Zoomlion Heavy Industry Science & Technology Co. has launched its new factory in Mantova, Italy, enhancing localized production for tower cranes, automobiles, work platforms, and forklifts. Spanning 20,000 square meters, the facility adheres to European safety and environmental standards, featuring an automatic gas emission monitoring system and solar panels for electricity. This factory aims to strengthen Zoomlion's competitive edge in Europe by integrating R&D, manufacturing, and sales capabilities, thus meeting local market needs and preferences.