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Zoomlion Group at Bauma 2013

 

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Zoomlion Group is one of leading world players in the Construction Equipment Industry and represents one of the most attractive emerging alternatives for the Customers all over the world.

It can show a track record of impressive and quick growth during the last years, obtained both by internal growth and through important acquisitions.

The Group is represented at BAUMA 2013 by its two Brands, ZOOMLION and CIFA, both very well recognize worldwide in their respective market segments.

Over the past two decades since its establishment, Zoomlion’s average annual compound growth rate has exceeded 65 percent. In 2011, Zoomlion’s business sectors achieved total sales of nearly 85 billion yuan and a total profit and tax of over 12 billion yuan, ranking 7th in the global construction machinery industry. Zoomlion made the list of “global top 50 construction machinery manufacturer” as the world’s largest concrete manufacturer and hoisting machinery manufacturer.

According to its announcement on December 13, Zoomlion has issued international bonds guaranteed by Zoomlion H.K. SPV Co., Limited and targeting institutional and professional investors, appointing Goldman Sachs Asia as the exclusive global coordinator and book runner of the issuance. The issuance of senior notes (6.125 mill) worth 600 million US dollars and mature in 2022 generated a net income of 592 million US dollars. This comes as another brilliant financing action of Zoomlion in the international capital market after its first issuance of US debt in March.

Independent innovation is the soul of Zoomlion’s development and three new products were released at the ceremony marking Zoomlion’s 20th anniversary. 101.18m “X6 pumper” and D1250-80 tower crane that hoisted a 5.5t heavy object at a working radius of 110.68m have been declared for world records, and the ZACB01 wheeled crane set a new benchmark in the domestic super wheeled crane industry.

Over the two past decades, Zoomlion’s position in the construction machinery industry has been unshakable. During the period, Zoomlion interpreted the new posture of globalization of Chinese enterprises, releasing huge energy time and time again.

On 28th Dec.2012, The ZOOMLION board of directors deliberated the resolution of its branch Overseas investment management company to purchase Hongkong ZOOMLION CIFA other shareholders of the company 40.68% of the equity. From then, Zoomlion international strategy steps further, this time, Zoomlion integrates some new, superior products of CIFA company so as to cooperate with more customers, better service to customers.

Contacts:

ZOOMLION HEAVY INDUSTRYSCIENCE & TECHNOLOGY DEVELOPMENT CO. LTD

Tiger Wang,Marketing

Zoomlion Park, 361 South yinpen Rd, Changsha, Hunan

P.R China 410013

Tel +86 731 88928967

Fax +86 731 88928278

e-mail:overseas-marketing@zoomlion.com

Source: Zoomlion