Zoomlion Heavy Industry Science and Technology Co Ltd
Zoomlion Heavy Industry Science and Technology Co., Ltd. researches, develops, and manufactures machinery in China and internationally. Its products include excavators, loaders, bulldozers, lifts, cranes, concrete pumps, harvesters, forklifts, drilling rigs, and firefighting vehicles. The company also provides inspection, client training, and machine services. It was formerly known as Changsha Zoomlion Heavy Industry Science and Technology Development Co., Ltd. and changed its name in October 2011. Founded in 1992, it is based in Changsha, China.
Zoomlion Promotes High-End and New-Energy Agricultural Machinery, Expanding to Over 70 Countries Worldwide
Zoomlion, a major Chinese heavy machinery manufacturer, is advancing the premiumization and new-energy transition of its agricultural machinery, with products now available in over 70 countries worldwide. In response to stricter environmental regulations and the push for smart agriculture, the company is accelerating the development of new agricultural machinery equipped with electrification and autonomous driving technologies, and has already expanded exports to Southeast Asia and Africa. Additionally, Zoomlion is focusing on customization to meet local needs and strengthening its after-sales service system to enhance its competitiveness in overseas markets.
Zoomlion Heavy Industry's 2026 interim net profit was 2.102 billion yuan, down 23.97% year-on-year
Zoomlion Heavy Industry released its interim report on August 28, 2026, showing total operating revenue of 27.135 billion yuan, up 9.17% year-on-year, and net profit attributable to the parent of 2.102 billion yuan, down 23.97% year-on-year. Net cash inflow from operating activities was 2.42 billion yuan, up 38.12% year-on-year. The company's asset-liability ratio was 58.61%, gross margin was 26.82%, ROE was 3.65%, and diluted earnings per share was 0.24 yuan. The number of shareholders was 216,100, and the top ten shareholders held 58.34% of total share capital.
Zoomlion's first-half net profit attributable to parent falls 23.97% to 2.102 billion yuan
Zoomlion Heavy Industry Science and Technology released its 2026 interim report, showing first-half net profit attributable to the parent of 2.102 billion yuan, down 23.97% year on year. Operating revenue was 27.135 billion yuan, up 9.2% year on year. Net profit attributable to the parent after deducting non-recurring items was 831 million yuan, down 56.8% year on year. Net operating cash flow was 2.42 billion yuan, up 38.1% year on year. Earnings per share were 0.24 yuan. In the second quarter, operating revenue was 14.18 billion yuan, up 11.3% year on year. Net profit attributable to the parent was 1.22 billion yuan, down 10.1% year on year. Net profit attributable to the parent after deducting non-recurring items was 229 million yuan, down 78.2% year on year. As of the end of the second quarter, total assets were 144.517 billion yuan, up 8.5% from the end of the previous year. Net assets attributable to the parent were 57.65 billion yuan, up 0.1% from the end of the previous year. During the reporting period, the company's concrete machinery business grew more than 34.11% year on year in scale, and domestic sales of earthmoving machinery grew more than 24.19% year on year. Overseas revenue reached 15.535 billion yuan, accounting for 57.25% of total revenue.
Zoomlion Showcases Industrial Embodied Intelligence at 2026 World Robot Conference
Zoomlion Heavy Industry Science & Technology is showcasing its embodied intelligence technologies and robotic products for industrial applications at the 2026 World Robot Conference in Beijing. The company is presenting the bipedal humanoid robot Z01, the wheeled humanoid robot Z03, and the quadrupedal robot dogs D15 and D40, along with its self-developed joint modules. Zoomlion is also featuring Robot Ops, an embodied intelligence operating system that debuted at Hannover Messe in April 2026, and ZBrain, an embodied intelligence system that enables traditional industrial robots to perform autonomous sensing, decision-making, and execution. The company has validated its robots across nearly 20 manufacturing scenarios at Zoomlion Smart City, where they have been deployed in active manufacturing environments.
Hunan manufacturing survey: Carbon paper breaks Japanese and German monopoly, Zoomlion's overseas revenue share approaches 60%
During the "Vibrant China Survey Tour" Hunan stop, Jiemian News found that a group of manufacturing enterprises in Hunan are achieving industrial breakthroughs through technological innovation, globalization, and digital intelligence. Jinyang Hydrogen Energy, a subsidiary of KBC Corporation, has built a production line with an annual capacity of 300,000 square meters of carbon paper, breaking the long-term monopoly of Japan's Toray, Germany's SGL, and South Korea's JNTG, and beginning to change the bottleneck situation where the domestic substitution rate was less than 5%. Zoomlion Heavy Industry Science and Technology recorded overseas revenue of 30.515 billion yuan in 2025, up 30.52% year on year, with overseas revenue accounting for nearly 60% of the total, an increase of 7.15 percentage points from the previous year. It has about 9,000 overseas employees covering more than 170 countries. Jinshi City has gathered 41 biomanufacturing enterprises. Lier Bio achieved the world's first industrialization of glufosinate-P, and Xinhexin Bio holds nearly 70% of the global market share for corticosteroids. The local government plans to grow the biomanufacturing industry's output value to 30 billion yuan by 2030. At Zoomlion's Smart Industrial City, one excavator rolls off the production line every six minutes on average. The company has invested more than 10 billion yuan in digitalization and plans to deploy 1,000 to 2,000 embodied intelligent robots over the next five years.
Changsha Construction Machinery Accelerates Overseas Expansion as Top Firms' Overseas Revenue Share Exceeds Half
The construction machinery industry cluster in Changsha is shedding its strong cyclical label through intelligent, global, and high-end transformation. In 2025, overseas revenue accounted for 58.56 percent, 64 percent, and 64.88 percent of total revenue at leading companies Zoomlion, Sany Heavy Industry, and Sunward Intelligent Equipment respectively. From January to April this year, Changsha's construction machinery exports reached 12.11 billion yuan, up 20.1 percent year on year, accounting for 91.6 percent of the province's total exports. Zoomlion's shared manufacturing smart factory for excavators rolls out one excavator every six minutes on average, with a comprehensive automation rate above 85 percent. The company plans to complete a humanoid robot factory and begin mass production within the year, while continuing to improve its overseas localization layout. In 2025, its overseas revenue reached 30.515 billion yuan, up 30.52 percent year on year.
Hunan's first-half GDP growth of 2.7% drops out of China's top ten, as the shift from old to new growth drivers faces a test
Hunan Province's GDP grew 2.7% year-on-year in the first half, two percentage points below the national rate of 4.7%, placing it in the lower range among provinces that have disclosed data. The engineering machinery pillar enterprises are collectively under earnings pressure. Sany Heavy Industry saw its first-quarter 2026 net profit attributable to the parent rise only 0.46%, Zoomlion Heavy Industry's net profit attributable to the parent fell 37.30% year-on-year in the same period, and Sunward Intelligent Equipment expects its first-half net profit attributable to the parent to drop by 71.93% to 79.95% year-on-year. The share prices of the three companies have cumulatively fallen by more than 60%, 50%, and 40% respectively from their 2021 highs. Meanwhile, Changsha's internet-famous consumer spending remains hot, with 7.6575 million tourist visits during the May Day holiday and total provincial consumption of 63.969 billion yuan. However, new consumer brands such as Sexy Tea and Ningji have not gone public, and the A-share consumer sector is still dominated by traditional retail and trade, unable to offset the downward pressure from industry. In the first half, the added value of high-tech manufacturing above designated size in the province grew 4.0%, contributing 58.2%, but the scale of emerging industries is still small and cannot make up for the growth gap in traditional equipment manufacturing.
Zoomlion Fully Owns New Energy Technology Company with Registered Capital of 300 Million Yuan
Hunan Zoomlion New Energy Technology Company, fully owned by Zoomlion, was recently established with a registered capital of 300 million yuan. Its business scope covers charging pile sales, electric vehicle charging infrastructure operation, energy storage technology services, and sales of hydrogen refueling and storage facilities for stations.
Zoomlion's ZT82J straight-boom aerial work platform, the world's tallest in its category with a maximum working height of 82.3 meters, received an Outstanding Flagship Product Award at the company's Seventh Science and Technology Innovation Conference. Product manager He Jipeng and his team drove the project from concept to mass production, overcoming the lack of any mature industry benchmark to balance overall dimensions, total weight, and structural rigidity. The team developed a proprietary multi-edge boom cross-section and optimized telescoping configurations after more than ten rounds of simulation, ensuring vertical and lateral stiffness while meeting weight-reduction targets. They also integrated turntable and chassis optimization, precisely reinforcing weak stress points and reducing redundant steel to enhance anti-fatigue and anti-overturning performance. He Jipeng said the award recognizes the team's progress in ultra-high-reach aerial work platforms and boosts confidence to continue breaking through technical barriers.
Zoomlion's 21-Ton Excavator for Middle East Wins Outstanding Flagship Product Award
Zoomlion Heavy Industry Science & Technology Co., Ltd. has received an Outstanding Flagship Product Award at its Seventh Science and Technology Innovation Conference for a 21-ton crawler hydraulic excavator designed specifically for the extreme heat, dust, and prolonged breaker operations common in the Middle East. The excavator was developed by a team led by Wu Baoshuo, deputy director of the Medium and Large Excavator Research Institute at Zoomlion Earthmoving Machinery Company, to handle temperatures exceeding 50 degrees Celsius and hydraulic breaker work that can account for more than 70% of operating time. Engineers redesigned the airflow layout, optimized the cooling core, strengthened structural components, and enhanced dust protection through improved air intake and cab sealing. The team validated improvements through on-site testing at customer worksites in the Middle East, collecting sensor data and completing thousands of breaker cycles, while Zoomlion's headquarters testing center supported three months of high-frequency breaker durability testing. Wu noted that the award recognizes years of customer-focused engineering and that the team will continue learning from the jobsite to build reliable equipment.
Zoomlion Showcases AI and Green Tech at Seventh Innovation Conference
Zoomlion Heavy Industry Science & Technology hosted its seventh Science and Technology Innovation Conference on June 16, showcasing over 130 innovations in AI, intelligent equipment, green technology, and high-end manufacturing. Chairman and CEO Zhan Chunxin said the company must use AI to empower industries and accelerate its transition to a technology-driven, value-growth company. Digital, intelligent, and green products accounted for 74.5% of product sales in 2025, and the company spends about 8% of annual revenue on R&D. International revenue reached 30.5 billion yuan in 2025, roughly 59% of total sales, and Zhan outlined plans for localized overseas R&D and technical support. The conference recognized 84 achievements with total bonuses of 22 million yuan, and the Future Value Award went to ZValley for its 1.3-meter bipedal humanoid robot project.
China