Zoomlion Heavy Industry Science and Technology Co Ltd: Strategic Focus on Mining Machinery

Zoomlion Heavy Industry Science and Technology Co Ltd, a leading Chinese company specializing in construction machinery, has reaffirmed its commitment to mining machinery as a key strategic development sector. According to a recent response from the company to an investor query on Xueqiu.com, mining machinery remains a crucial focus area. The company boasts a national-level technology center and has been recognized with the State Council’s major technical equipment award for its “million-ton-level open-pit mine integrated equipment.”

Zoomlion is advancing its mining machinery products, which include open-pit mining equipment, crushing and screening equipment, and material transportation equipment. The company is accelerating the development and application of large-scale, intelligent, and green technologies. This includes innovations such as remote-controlled excavators, unmanned mining trucks, and remotely operated borehole drills, aiming to create a modern, intelligent, and environmentally friendly mining model.

Kenya’s Confidence in Zoomlion’s Waste Management Solutions

In a recent visit to Zoomlion Ghana Limited, a high-powered delegation from Mombasa, Kenya, led by Governor Abdullswamad Sherrif Nassir, explored the company’s innovative waste management solutions. The delegation, representing the Jospong Group of Companies, is studying Zoomlion’s model to potentially implement similar strategies in Kenya. This visit underscores the growing international confidence in Zoomlion’s waste management capabilities.

Zoomlion’s Market Position and Financial Overview

Zoomlion is listed on the Shenzhen Stock Exchange, with a market capitalization of 61.74 billion HKD as of July 31, 2025. The company’s stock closed at 7.28 HKD, with a 52-week high of 8.6 HKD and a low of 5.72 HKD. The price-to-earnings ratio stands at 13.36. Zoomlion’s diverse product range includes concrete machinery, cranes, road machinery, drilling equipment, environmental machinery, and satellite navigation products.

Related Industry Developments

In related industry news, Guangdong Rifu Cable Co., Ltd., a company with which Zoomlion has established long-term partnerships, has successfully passed its listing meeting at the Shenzhen Stock Exchange. The company plans to issue shares to specific investors, with the proceeds aimed at enhancing liquidity and repaying bank loans. Rifu Cable is known for its high-tech cables used in various sectors, including wind power, new energy, and telecommunications, and has established strong relationships with major domestic and international clients.

Zoomlion continues to strengthen its market position through strategic partnerships and technological advancements, maintaining its status as a leader in the construction machinery industry.