CHANGSHA, China, April 7, 2023 /PRNewswire/ — On March 30, Zoomlion Heavy Sector Science &amp Technologies Co., Ltd. (“Zoomlion”) released its 2022 annual report.

Important highlights:

• The corporation secured operating income of RMB 41.631 billion ($six.051 billion), and a net profit attributable to shareholders of the listed corporation of RMB two.306 billion ($335.two million).

• Zoomlion’s overseas income reached RMB 9.992 billion ($1.452 billion), up 72.six% year more than year.

• The proportion of the company’s overseas income in total income enhanced to 24%, a year-on-year improve of 15.38 percentage points.

In 2022, Zoomlion accelerated the transformation of digitalization, intelligence, and sustainability, focusing on its 3-pillar segments: building machinery, agricultural machinery + clever agriculture, and new building supplies, although expanding its emerging and overseas enterprise segments.

Firm marketplace position of top merchandise with powerful breakthroughs in emerging sectors

Concrete gear, engineering hoisting machinery, and building hoisting machinery maintained their marketplace dominance. Concrete machines, extended boom pump trucks, and 200-ton all-terrain cranes continued to leading the marketplace. The Earthmoving Machinery Demonstrative Intelligent Park accomplished complete production in 2022.

Medium and substantial excavators with very good profitability saw complete upgrading in their reliability and intelligence. The general marketplace share constantly enhanced, reaching a income of RMB three.512 billion ($510.7 million). The new building supplies enterprise kept developing quickly with the marketplace share of dry-mixed mortar gear remaining in the very first tier in China.

Powerful development in international enterprise

By expanding the globalization and localization approach, the income of international enterprise reached RMB 9.992 billion ($1.452 billion), up 72.six% year-more than-year. The company’s overseas income accounted for 24% of total income, a year-on-year improve of 15.38 %.

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Zoomlion empowered its international enterprise model by way of digitization, and constantly enhanced its strategic layout. The company’s sales efficiency enhanced by more than one hundred% year-on-year in essential markets like Indonesia, India, the United Arab Emirates, Saudi Arabia and Turkey, although the exportation of ZAT8000H all-terrain crane set a new record as China’s biggest tonnage all-terrain crane that exported overseas.

Technologies innovation additional drives Zoomlion’s intelligent manufacturing

Zoomlion continued to strengthen technological innovation with 127 main new merchandise and 330 essential core analysis, top the business in digital, intelligent, and green transformation and upgrading, and consolidating its higher-high-quality improvement foundation.

Zoomlion created new single-machine intelligence, human-machine cooperation, and machine-group intelligent collaboration technologies, pioneering the very first complete-course of action digital closed-loop building model and the very first green and intelligent building website. Zoomlion totally automated processes for R&ampD, provide chain, production, sales, and solutions. In addition, the enterprise created business-top crucial technologies for complete-course of action intelligent manufacturing, upgrading from host to elements.

Zoomlion also prioritizes new power. Zoomlion innovated in the fields of lithium batteries, electric drives, hydrogen power, and complete machines, linking the 3 technological chains of new power and establishing a new green improvement situation.

Searching forward to 2023 and beyond, Zoomlion will continue to accelerate the speeding up of digitalization, intelligence, and sustainability to drive additional development.

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