Zoomlion
Encyclopedia
Zoomlion, or Changsha Zoomlion Heavy Industry Science and Technology Development Company Limited, 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.
, Zoomlion made an initial public offering
on the Shenzhen Stock Exchange
on Oct 12, 2000, soon after acquiring ISO9001 certification.
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 the Chinese Hony Capital.
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.
bulldozer
s, concrete
machinery, cranes
, (mobile crane
s, tower cranes, etc.) excavator
s, fire apparatus
, garbage compactor machinery, garbage trucks, loader
s, asphalt paver
s, pile foundation rotary drilling rigs, road roller
s, snowplow
s, street sweeper
s, various other road surface vehicles and environmental and sanitation machinery, etc.
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
manufacturer of construction machinery and sanitation equipment
Sanitation
Sanitation is the hygienic means of promoting health through prevention of human contact with the hazards of wastes. Hazards can be either physical, microbiological, biological or chemical agents of disease. Wastes that can cause health problems are human and animal feces, solid wastes, domestic...
, listed on the Shenzhen Stock Exchange
Shenzhen Stock Exchange
The Shenzhen Stock Exchange is one of the People's Republic of China's two stock exchanges, alongside the Shanghai Stock Exchange. It is based in Shenzhen, China...
. Its headquarters are in the Zoomlion Science Park in Changsha, Hunan
Hunan
' is a province of South-Central China, located to the south of the middle reaches of the Yangtze River and south of Lake Dongting...
.
Italian
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
construction equipment maker Compagnia Italiana Forme Acciaio SpA (Cifa) and British
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
construction equipment manufacturer Powermole are subsidiaries of the company.
History
Founded in 1992 as Changsha Hi-tech Development Area Zoomlion Construction Mechanical Industry Company, one of its first products were concrete pumps.Early acquisition of state-owned assets
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.IPO
Marking its transition to a public companyPublic company
This is not the same as a Government-owned corporation.A public company or publicly traded company is a limited liability company that offers its securities for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets...
, Zoomlion made an initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
on the Shenzhen Stock Exchange
Shenzhen Stock Exchange
The Shenzhen Stock Exchange is one of the People's Republic of China's two stock exchanges, alongside the Shanghai Stock Exchange. It is based in Shenzhen, China...
on Oct 12, 2000, soon after acquiring ISO9001 certification.
Overseas asset acquisitions
A rarity at a time when developing countryThird World
The term Third World arose during the Cold War to define countries that remained non-aligned with either capitalism and NATO , or communism and the Soviet Union...
companies seldom acquired their developed country
Developed country
A developed country is a country that has a high level of development according to some criteria. Which criteria, and which countries are classified as being developed, is a contentious issue...
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
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
, Mandarin Capital Partners and the Chinese Hony Capital.
CCTV presentation
Having been previously featured in a 2001 CCTVChina Central Television
China Central Television or Chinese Central Television, commonly abbreviated as CCTV, is the major state television broadcaster in mainland China. CCTV has a network of 19 channels broadcasting different programmes and is accessible to more than one billion viewers...
documentary, an advertisement for the company was also presented on CCTV
China Central Television
China Central Television or Chinese Central Television, commonly abbreviated as CCTV, is the major state television broadcaster in mainland China. CCTV has a network of 19 channels broadcasting different programmes and is accessible to more than one billion viewers...
in the May of 2004.
This sort of exposure is an example of the introductions Zoomlion may command.
Products
Products are mainly truck-mounted, purpose-specific machinery; heavy machinery; or cranes, and include:bulldozer
Bulldozer
A bulldozer is a crawler equipped with a substantial metal plate used to push large quantities of soil, sand, rubble, etc., during construction work and typically equipped at the rear with a claw-like device to loosen densely-compacted materials.Bulldozers can be found on a wide range of sites,...
s, concrete
Concrete
Concrete is a composite construction material, composed of cement and other cementitious materials such as fly ash and slag cement, aggregate , water and chemical admixtures.The word concrete comes from the Latin word...
machinery, cranes
Crane (machine)
A crane is a type of machine, generally equipped with a hoist, wire ropes or chains, and sheaves, that can be used both to lift and lower materials and to move them horizontally. It uses one or more simple machines to create mechanical advantage and thus move loads beyond the normal capability of...
, (mobile crane
Mobile crane
-Defination:Mobile Crane A cable-controlled crane mounted on crawlers or rubber-tired carriers. A hydraulic-powered crane with a telescoping boom mounted on truck-type carriers or as self-propelled models..-History:...
s, tower cranes, etc.) excavator
Excavator
Excavators are heavy construction equipment consisting of a boom, stick, bucket and cab on a rotating platform . The house sits atop an undercarriage with tracks or wheels. A cable-operated excavator uses winches and steel ropes to accomplish the movements. They are a natural progression from the...
s, fire apparatus
Fire apparatus
A fire apparatus, fire engine, fire truck, or fire appliance is a vehicle designed to assist in fighting fires by transporting firefighters to the scene and providing them with access to the fire, along with water or other equipment...
, garbage compactor machinery, garbage trucks, loader
Loader (equipment)
A loader is a heavy equipment machine often used in construction, primarily used to load material into or onto another type of machinery .-Heavy equipment front loaders:A loader A loader is a heavy equipment machine often used in construction, primarily used to load material (such as asphalt,...
s, asphalt paver
Paver (vehicle)
A paver is an engineering vehicle used to lay asphalt on roadways. It is normally fed by a dump truck. A separate machine, a roller, is then used to press the hot asphalt mix, resulting a smooth, even surface...
s, pile foundation rotary drilling rigs, road roller
Road roller
A road roller is a compactor type engineering vehicle used to compact soil, gravel, concrete, or asphalt in the construction of roads and foundations, similar rollers are used also at landfills or in agriculture.In some parts of the world, road rollers are still known colloquially as steam...
s, snowplow
Snowplow
A snowplow is a device intended for mounting on a vehicle, used for removing snow and ice from outdoor surfaces, typically those serving transportation purposes...
s, street sweeper
Street sweeper
A street sweeper or street cleaner can refer to a person's occupation or a machine that cleans streets, usually in an urban area.-History of street sweeping in the United States:...
s, various other road surface vehicles and environmental and sanitation machinery, etc.
Subsidiaries
All of the following may be subsidiaries or divisions of Zoomlion.- Changsha Construction Machinery Research Institute
- Changsha Zoomlion Haiqiang Concrete Co Ltd
- China Engineer Machinery Academy Concrete Machinery Session
- Compagnia Italiana Forme Acciaio SpA (Cifa) - acquired in 2008
- Hunan Machinery Branch Company
- Hunan Machine Tool Works - acquired on December 21, 2002
- Hunan Zoomlion International Trade Co Ltd - located in Zoomlion Science Park, Changsha, HunanHunan' is a province of South-Central China, located to the south of the middle reaches of the Yangtze River and south of Lake Dongting...
it oversees export of Zoomlion products. - Powermole Company - acquired on November 23, 2001
- Puyuan Group and Puyuan Engineer Machinery Co Ltd
- Zoomlion Bus Branch Company
- Zoomlion Finance & Leasing Co Ltd
- Zoomlion North Branch Company
- Zoomlion Hoisting Machinery Branch Company - originally located in ChangdeChangdeChangde is a city in the north of Hunan Province, China, with a population of 5,717,218 inhabitants at the 2010 census whom 1,232,182 in the built up area made of 2 urban districts .-History:...
, moved to Changsha in June, 2006 - Zoomlion Puyuan Branch Company
- Puyuan Group Co Ltd - this unit has produced cranes
- Zoomlion Puyuan Special Vehicle Branch Company
- Zoomlion Xinxing Construction Machinery Leasing Co Ltd
- Zoomlion Zhongbiao Branch Company
- Zoomlion Zhongke Beidou
Production bases and facilities
Zoomlion owns 9 industrial parks, and at least one factory, the Puyuan Group Chassis Factory. Sites include:- Zoomlion Science Park in Changsha, HunanHunan' is a province of South-Central China, located to the south of the middle reaches of the Yangtze River and south of Lake Dongting...
- CIFA in MilanMilanMilan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...
, ItalyItalyItaly , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and... - Huayin Industrial Park in HuayinHuayinHuayin is a county-level city in Weinan, Shaanxi, China. Prior to 1990, Huayin had been regarded as a county. Huayin literally means to the north of Mount Hua, because it is situated to the north of that mountain....
, ShaanxiShaanxi' is a province in the central part of Mainland China, and it includes portions of the Loess Plateau on the middle reaches of the Yellow River in addition to the Qinling Mountains across the southern part of this province... - Ruanjiang Industrial Park in YuanjiangYuanjiang, HunanYuanjiang City is a county-level city of Yiyang, Hunan province, in China....
, HunanHunan' is a province of South-Central China, located to the south of the middle reaches of the Yangtze River and south of Lake Dongting... - Guanxi Industrial Park in ChangdeChangdeChangde is a city in the north of Hunan Province, China, with a population of 5,717,218 inhabitants at the 2010 census whom 1,232,182 in the built up area made of 2 urban districts .-History:...
, HunanHunan' is a province of South-Central China, located to the south of the middle reaches of the Yangtze River and south of Lake Dongting... - Songjiang Industrial Park in SongjiangSongjiang DistrictSongjiang District of Shanghai has a land area of 605.64 km² and a population of 1,582,398 as of 2010. Its main town is Songjiang, connected to Shanghai by Shanghai Metro Line 9.It was Songjiang County until 1998.-Significant Features:...
, ShanghaiShanghaiShanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010... - Maqiaohe Industrial Park in Wangcheng, HunanHunan' is a province of South-Central China, located to the south of the middle reaches of the Yangtze River and south of Lake Dongting...
- Quantang Industrial Park in Changsha, HunanHunan' is a province of South-Central China, located to the south of the middle reaches of the Yangtze River and south of Lake Dongting...
- Lugu Industrial Park in LuguLuguLugu may refer to:*Lugu, Nantou, township in Nantou County, Taiwan*Lugu, Tibet, village in the Tibet Autonomous Region of China*Lugu Lake, on the border of Sichuan and Yunnan provinces, China...
, Changsha, HunanHunan' is a province of South-Central China, located to the south of the middle reaches of the Yangtze River and south of Lake Dongting...