Zoomlion Heavy Ind Science & Stock Price, News & Analysis

Zoomlion, a leading equipment manufacturing company, is advancing its role in the Belt and Road Initiative (BRI) to promote global economic cooperation. The company has established R&D hubs and trade platforms in over 80 countries, significantly contributing to infrastructure projects like the Padma Bridge in Bangladesh and the Iconic Tower in Egypt. Despite pandemic challenges, acquisitions have led to a 30% revenue increase year-on-year across its acquired companies. Zoomlion aims for sustainable growth while respecting local cultures and regulations.

Zoomlion Heavy Industry Science & Technology Co., Ltd. launched the first collaborative intelligent robotic excavator during its 6th Science and Technology Innovation Conference on January 7, 2022. This advanced machine integrates AI and smart control, enabling it to perform tasks autonomously based on operator input via voice or gesture commands. The excavator boosts construction efficiency and reduces operational costs, especially in hazardous environments. Zoomlion aims to further enhance human-machine collaboration technology, reinforcing its position as a leader in construction machinery innovation.

Zoomlion Heavy Industry Science & Technology is launching its Onsite Engineering Certificate Program (OECP) to celebrate the International Day of Education, focusing on preparing talent for the construction machinery industry amid Industry 4.0 advancements. The initiative, in collaboration with vocational colleges in Hunan Province, aims to provide practical experience and education through programs like new apprenticeships and skills training. The initiative supports Zoomlion's ongoing industrial transformation and has been recognized for its commitment to social responsibility, ranking highest among equipment manufacturers in the 'China ESG Top 500'.

Zoomlion Heavy Industry Science & Technology Co. has unveiled its innovative pump truck featuring a carbon fiber boom, the first of its kind designed and manufactured in China. This advancement, presented on November 26, achieves a 35% weight reduction, enabling a maximum feeding height of 63 meters, the highest in its class. The new carbon fiber composite technology not only enhances efficiency and reduces costs but also aligns with green development goals, significantly cutting steel usage and emissions. This initiative reflects Zoomlion's commitment to sustainable practices in the construction machinery industry.

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.