- Business
- Zoomlion Heavy Industry Science and Technology Co., Ltd. (000157.SZ) develops, manufactures, and sells construction machinery, agricultural machinery, mining machinery, and related equipment. Founded in 1992 and headquartered in Changsha, Hunan Province, China, the company offers products across 15 major categories including concrete machinery such as pump trucks and batching plants; lifting machinery encompassing truck cranes, crawler cranes, all-terrain cranes, and tower cranes; earthmoving machinery like excavators, bulldozers, and road machinery; foundation construction machinery; aerial work platforms; industrial vehicles including forklifts; emergency rescue equipment; and agricultural equipment comprising tractors, harvesters, transplanters, and drying machinery; as well as mining equipment featuring mobile crushing stations, stackers, and hybrid mining trucks. It operates 26 domestic industrial parks and 13 overseas R&D and manufacturing bases, serving customers in over 140 countries with international revenue exceeding 50% of total income through more than 30 global business hubs.
The company maintains subsidiaries such as WILBERT TowerCranes GmbH in Germany and has pursued aggressive global expansion. Recent developments include a large-scale delivery of over 10,000 units valued at US$782 million in February 2025 to markets in China, Australia, Nigeria, Brazil, and Peru; initiation of Phase II expansion at its German factory in Waldlaubersheim with a €50 million investment to produce tower cranes, truck cranes, and concrete machinery; intensive multi-line deliveries in July 2025 supporting major projects in Africa, Southeast Asia, Oceania, and the Middle East such as Egypt's El Dabaa nuclear power plant and Morocco's Prince Moulay Abdellah Stadium; opening of a comprehensive customer center in southern Vietnam in May 2025; and re-acquisition of a 45% stake in a target entity in May 2025 to enhance industry-finance synergies and full-lifecycle equipment services.