Zoomlion Heavy Industry Science & Technology Development Co. Ltd

Company Description

Founded in 1992, Zoomlion Heavy Industry Science & Technology Development Co. Ltd. is mainly engaged in developing and manufacturing major high-tech equipment for infrastructure construction in the areas of building, energy, environmental, and transport engineering, and it is a continuously innovating global enterprise. Since it was founded 22 years ago, Zoomlion has had a compound annual average growth rate of over 50%, making it the world's fastest growing construction machinery company. The company has independent intellectual property rights in 13 major categories and 86 product lines, as well as nearly 800 leading products, and it has the most complete global product chain of any construction machinery company. The company ranks among the world's best in two business segments: concrete machinery and hoisting machinery. Zoomlion has registered capital of RMB 7.706 billion and employs nearly 30,000 people. In 2013, Zoomlion's various operating units generated revenue of nearly RMB 80 billion, with profits of nearly RMB 9 billion.Zoomlion has manufacturing bases around the world. China hosts 13 of the company’s large industrial and technological parks and has subsidiaries in more than 40 countries around the world, as well as marketing and research institutes creating value for customers on six continents and in more than 80 countries, giving it a complete sales network and strong service system with worldwide coverage. Zoomlion is China's first construction machinery company to be listed on both the Shanghai and Hong Kong stock exchanges. In the future, the company plans to use capital as a link to strengthen integration of overseas resources and market investments