Zoomlion
Zhan Chunxin,Chairman
Zoomlion Heavy Industry Science & Technology Company, founded in 1992, manufactures equipment for construction and agriculture offering 56 product lines in ten categories. Zoomlion has manufacturing bases around the world, including 14 large industrial and technological parks in China and five such parks in Italy, Germany, India, Brazil and Belarus.
Zoomlion is present in more than 100 markets worldwide many of which are involved in the the Belt and Road initiative.
The company recently entered the aerial work platform and dry-mix mortar segments and inaugurated a manufacturing facility in Italy to boost local production capability for tower cranes, truck cranes, AWPs and forklifts in Europe. In the Middle East and Africa, Zoomlion equipment has been used for construction of the Lusail stadium in Qatar for the 2022 World Cup, Kuwait airport, Kuwait College Town Phase I and Phase II, as well as many key projects in Egypt’s new capital.
Zoomlion reported revenue of 65.109 billion yuan in 2020, up by 50.34% YoY, and achieved a net profit of 7.281 billion yuan, a YoY increase of 66.55%. The company’s annual sales of earthmoving equipment now rank sixth among domestic brands in China.