Recently, Zoomlion was held in Changsha at the temporary shareholders' meeting. Zhan Chunxin, chairman of Zoomlion, said at the meeting: With the advancement of the modernization process in rural areas, the agricultural economy has become large-scale and intensive, and the development market for agricultural machinery is very large. The company intends to establish a research institute in the United States to study agricultural machinery production.
Zoomlion is currently the largest global customer of Mercedes-Benz and has potential demand for heavy trucks. In Zoomlion products, concrete machinery, sanitation machinery and other heavy trucks are in great demand. In addition, the company itself is a special vehicle manufacturing company. The company’s production of garbage trucks, truck cranes and other special vehicles require engines, Transmission, such as the development of heavy trucks can be produced for self-produced.
Concerning the concerns of shareholders on the development status of the construction machinery industry, Zhan Chunxin believes that the turning point of the industry has already formed at the end of the second quarter of this year. It is expected that the industry will still grow in size next year, but the growth rate will be lower than before.
Founded in 1992, Zoomlion Heavy Industries is a new high-tech listed company that has been incubated on the basis of the former Changsha Construction Machinery Research Institute, a leader in China's engineering machinery equipment manufacturing, and one of the first batch of 103 innovative pilot companies in China. Zoomlion categorizes its products into concrete products, forming concrete machinery, engineering cranes, urban sanitation machinery, construction lifting machinery, pavement construction maintenance machinery, basic construction machinery, earthmoving machinery, special vehicles, hydraulic components, and construction machinery. Parts, fire-fighting equipment, special axles, and other professional branches and subsidiaries, to create an international industrial cluster of construction machinery,
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