 Founded in 1992 and listed on the Shenzhen Stock Exchange (hereinafter referred to as “Zoomlion”, stock code: 000157) in October 2000 and on the Hong Kong Stock Exchange (stock code: 01157) in December 2010, Changsha Zoomlion Heavy Industry Science & Technology Development Co., Ltd is China’s leading manufacturer of construction machinery equipment and among China’s first “Group of Innovative Enterprises.” Zoomlion is mainly specialized in the R&D and manufacturing of advanced technologies and equipment for national key infrastructure construction projects, including construction, energy engineering, environment engineering and transportation engineering projects. With a registered capital of 5.928 billion yuan and a workforce of over 22,000 employees, Zoomlion has achieved an output value of more than 50.8 billion yuan with tax contribution of more than 7.6 billion yuan in 2010.
Having inherited the technological advantages of the former Changsha Construction Machinery Research Institute of the Ministry of Construction, Zoomlion has built a five-in-one innovation system incorporating the National Enterprise Technology Center, the State Key Laboratory of Construction Machinery Key Technologies, the National Research Center for Concrete Machinery & Engineering Technologies, the national city public equipment institute and the state-level post-doctoral working station. It also acts as the Sub-Committee Chairman and Secretary General of seven major members of the China Construction Machinery Association. Responsible for the development (revision) of more than 300 national industry standards, Zoomlion is a Participating Member of the International Organization for Standardization (ISO), and has been designated by the Standardization Administration of China as the Secretary General of concrete machinery and another national standardization sub-committees and Chairman of three technical committees such as Construction Machinery Sub-committee, etc. Cumulatively, we have applied domestically for over 700 patents and internationally for over 100 patents; we have over 600 non-patented innovative technologies and have registered 17 computer software programs. During the time period from the “Ninth Five-Year Plan” to the “Eleventh Five-Year Plan”, Zoomlion has completed nearly 100 major national equipment development, scientific and technological research programs and special projects for the National “863 Program” and National Key Technology R&D Program etc. We also commit 5% or more of our annual sales revenue in research and development. In recent years, we have maintained an average annual production of over 300 new technologies and new products, with new products contributing to over 50% of total sales revenue.
Zoomlion adheres to the corporate concept of “Sincerity and Consistency; Essence and Perseverance”, placing equal importance on both endogenous (internal) and epitaxial (external) growth. Following the purchases of Powermole (England), Hunan Machine Tool Works, the Pu Yuan Group, Zhongbiao Ltd., Shaanxi Xin Huanggong Machinery Co., Ltd., Hunan Automotive Axle Factory, Huatai Heavy Industry Co., Ltd., CIFA (Italy) and Changde Xincheng Hydraulic Machinery Ltd., Zoomlion acquired the whole operating assets of its parent company Changsha Construction Machinery Research Institute and accomplished an overall listing in 2007. Today, with production and operation facilities located in places such as Hunan, Shanghai, Shanxi and Guangdong in China, and in Milan, Italy etc., Zoomlion has established a fleet of industrial parks boasting a total area of nearly 3 million square meters, including Zoomlion Science Park, Lugu Industrial Park, Quantang Industrial Park, Lugu environmental protection industry park、Guanxi Industrial Park in Changde, Wangcheng Industrial Park, Yuanjiang Industrial Park in Yiyang, Shanghai Industrial Park, Weinan Industrial Park in Shaanxi, and CIFA Industrial Park in Italy. Zoomlion possesses massive world-class steel structured factory buildings, modern processing equipment and automated production lines, and also offers a sophisticated global sales network and service system. The quality, environment, and occupational health and safety of our company are assured through our unified management system, a system that has been awarded the German Rhine TÜV Certification. Among domestic construction machinery industries, Zoomlion was the first to follow EU standards in implementing CE product certification. We have also been awarded GOST certification (Russia) and safety certification in Korea.
Since its establishment, Zoomlion has maintained an annual average growth rate exceeding 65% and now has independent intellectual property rights to 13 major product categories, 66 product lines, over 640 types of leading products, proving itself one of the most complete and well-rounded construction machinery enterprises amongst the world’s major brands. After the purchase of Italy’s CIFA Co. in 2008, the company instantaneously became one of the international leading concrete machinery manufacturers. Zoomlion’s annual production of tower cranes exceeds 5000 vehicles, while the annual production for sanitation protection machinery is at about 5300 vehicles, making these Zoomlion products the number one sellers in the Chinese market. Zoomlion’s annual production of over 10,000 truck cranes per year occupies the second highest position in the market for this product type. Both its Chinese and English trademarks - “Zhonglian” (中联) and “ZOOMLION” - have been recognized as “Famous Chinese Trademarks”, and many of our products have been awarded “National Inspection-Exempt Product” and “China Famous Brand Product.” In-house researched and developed products under our company’s Zoomlion and CIFA brand names are sold well across more than 70 countries worldwide.
In 2009, Zoomlion was ranked the 10th place among the global construction machinery industry and the 6th place amongst China’s Top 100 machinery enterprises. Zoomlion is ranked high for overall performance amongst listed companies on the Shanghai and Shenzhen Stock Exchanges, listed “Top 500 Chinese Enterprises” and “Top 50 Chinese Machinery Enterprises”, elected as one of the “Most Promising Enterprises”, “Most Influential Enterprises” and “Nationwide Customer Satisfaction Companies” for many consecutive years, praised as one of “Advanced and Model Enterprises with Modern Management” in China’s Machinery Industry, and awarded such titles as “National May Day Labor Award”, “Top 10 Chinese Companies in Independent Innovation Capability”, “China’s Most Influential Brand”, “China’s Most Internationally Competitive Brand”, “Award for Outstanding Contribution to China’s Charity Cause” and “National Heroic Group in Fighting Earthquake and Relieving Disasters.”
In view of the trend towards global economic integration, we classify our products into a variety of branches including concrete machinery, mobile crane machinery, urban environmental protection machinery, construction hoisting machinery, road construction & maintenance machinery, infrastructure construction machinery, earth working machinery, specialized construction vehicles, hydraulic components & devices, construction machinery thin-slab covering, fire fighting equipment, and dedicated vehicles and axles etc. We strive to build an international industrial group specializing in construction machinery and realize our goal of over 100 billion yuan in annual revenue!
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