Zoomlion#s Tower Crane Sales Top 10 Billion Yuan in 2019

General Press Releases Friday January 3, 2020 15:23
CHANGDE, China--3 Jan--PRNewswire/InfoQuest

Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") (1157.HK) is celebrating a new milestone as its tower crane sales crossed the 10 billion yuan (USD 1.43 billion) mark in 2019, making it the first global company in the market to reach the new high.

The annual sales of Zoomlion's tower cranes have been doubling for four consecutive years. The brand, which holds an absolute lead in the domestic market and exports to high-end markets such as South Korea, Singapore and the US, has become an industry benchmark in modern equipment manufacturing in recent years.

"Zoomlion's construction hoisting machinery business has grown from a small machinery company in Changde City into a 10-billion scale multi-sector enterprise in just 14 years, and is now the largest tower crane manufacturer worldwide. Zoomlion is now in a better position than ever to make greater contributions to the development of the industry and provide greater value for our partners and customers," said Zhan Chunxin, Chairman and CEO of Zoomlion.

Since 2009, Zoomlion has held the largest market share in the global tower crane market. In January 2019, phase I of Zoomlion's intelligent tower crane factory brought production scale and quality to a new level. A series of advanced technologies and smart products also improved the company's competitive advantage, further expanding market operations.

On December 25, Zoomlion celebrated the commencement of phase II of the intelligent tower crane factory. With a total investment of 950-million-yuan (USD 135.86 million), Zoomlion will introduce 16 new production lines, 150 robot construction units and 10,000 data sensors to increase sustainability and boost production. The introduction of new information systems in phase II – MES, WMS, APS, AI scheduling, QM and TMS – will also enable networked, intelligent production management and smart decision making.

The new factory is set to become the largest tower crane factory in the world. The current production lines mainly produce large and medium tower cranes. The phase II addition to the factory will allow for the production of super tonnage machinery, small-scale tower cranes and construction lifts and will enable complete intelligent manufacturing throughout the facility.

About Zoomlion

Founded in 1992, Zoomlion Heavy Industry Science & Technology Co., Ltd. (1157.HK) is a high-end equipment manufacturing enterprise that integrates engineering machinery, agricultural machinery, and financial services. The company now sells more than 460 cutting-edge products from 55 product lines covering ten significant categories. For more information, please visit http://en.zoomlion.com/.

Photo - https://photos.prnasia.com/prnh/20200103/2681774-1
Photo Caption: Zoomlion celebrates the commencement of phase II of the intelligent tower crane factory.

Latest Press Release

O&B,the Enchanting Thai Footwear Brand, Unveilsthe Stories of Its Success.

O&B, the enchanting Thai footwear brand, reveals its stories of success since the official launch in 2012. Its first collection of soft ballerina flat shoes made from lambskin, with an impressive choice of 50 shades to choose from, propelled the...

Alaska Airlines and Microsoft sign partnership to reduce carbon emissions with flights powered by sustainable aviation fuel in key routes

- Sustainable aviation fuel supplied by industry leader SkyNRG signals new approach for business travel Microsoft Corp. employees who fly between their global headquarters in Redmond, Washington, and California on Alaska Airlines will fly more...

Airbiquity Launches OTAmatic Vehicle Configurator to Help Automakers Manage Connected Vehicle Software

New offering allows automakers to control the number of software versions in vehicles, better understand the state of entire fleets Airbiquity(R), the global leader of connected vehicle services, today launched its OTAmatic(R) Vehicle Configurator, a...

Celebrating 2-year anniversary, Gateway At Bangsue Shopping Center thanks customers with campaign 'X2 Happy Parade’ from October 20 – December 31.

Gateway At Bangsue Shopping Center by Asset World Corporation joins hands with leading shops in the center to celebrate the 2nd anniversary in the 'X2 Happy Parade’ Campaign as a thank you gift for customers to enjoy shopping for items with great...

Enjoy Live Streaming at Home with Lighting Synced with Live Performance by Using "Home Sync Light" Device Jointly Developed by Rhizomatiks and Evixar

Rhizomatiks Co., Ltd. and Evixar Inc., both based in Tokyo, have jointly developed the "Home Sync Light" device for enjoying live streaming at home with lights synchronized with live performance. The two companies tested the device during the special...

Related Topics