Zoomlion Heavy Industry Net Worth is33.5 12-Month Sales Growth (%)
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Company Name: Zoomlion Heavy Industry Science & Technology Development Co., Ltd., ????/ company logo
Zoomlion (officially Zoomlion Heavy Industry Science & Technology Development Co., Ltd.) (SZSE: 000157, SEHK: 1157) (Chinese: a,-e??e??c??) is a Chinese manufacturer of construction machinery and sanitation equipment, listed on the Shenzhen Stock Exchange. Its headquarters are in the Zoomlion Science Park in Changsha, Hunan.
Italian construction equipment maker Compagnia Italiana Forme Acciaio SpA (Cifa) and British construction equipment manufacturer Powermole are subsidiaries of the company.
Founded in 1992 as Changsha Hi-tech Development Area Zoomlion Construction Mechanical Industry Company, one of its first products were concrete pumps.
Early development included the merging of several smaller, preexisting entities with Zoomlion including the former Concrete Machinery Research Office and remnants of the Changsha Construction Machinery Research Institute.
Marking its transition to a public company, Zoomlion made an initial public offering on the Shenzhen Stock Exchange on Oct 12, 2000, soon after acquiring ISO9001 certification.
A rarity at a time when developing country companies seldom acquired their developed country counterparts, Zoomlion bought the British company Powermole in the early 2000s.
In 2008, Zoomlion made another foreign acquisition with the purchase of Italian concrete machinery manufacturer, Compagnia Italiana Forme Acciaio SpA (Cifa), in an equity link-up with Goldman Sachs, Mandarin Capital Partners, and Hony Capital.
Having been previously featured in a 2001 CCTV documentary, an advertisement for the company was also presented on CCTV in the May of 2004.
This sort of exposure is an example of the introductions Zoomlion may command.[citation needed]
Zoomlion has at least four brand names, including its own.
Products are mainly truck-mounted, purpose-specific machinery; heavy machinery; or cranes, and include: bulldozers,concrete machinery,cranes (mobile cranes,tower cranes, etc.), excavators,fire apparatus,garbag

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