PRESS RELEASE: Zoomlion Signs Deals Totaling RMB 600 Million At CONEXPO-CON/AGG

- Xinhua Silk Road: Chinese machinery equipment maker Zoomlion signs deals totaling RMB 600 million at CONEXPO-CON/AGG.

PRESS RELEASE: Zoomlion Signs Deals Totaling RMB 600 Million At CONEXPO-CON/AGG

- Xinhua Silk Road: Chinese machinery equipment maker Zoomlion signs deals totaling RMB 600 million at CONEXPO-CON/AGG

BEIJING, March 22, 2023 /PRNewswire/ -- Chinese machinery equipment manufacturer Zoomlion Heavy Industry Science and Technology (Zoomlion, 000157.SZ) showcased 22 products at CONEXPO-CON/AGG, the largest construction trade fair in China. North America, with signed deals and tentative deals totaling 600 million yuan (about 87.1 million US dollars) in the first three days of the week-long event.

The fair is held every three years in Las Vegas. Compared with the previous fair, Zoomlion enlarged the display products by nearly 60 percent this time, covering products and parts from seven categories.

Zoomlion displayed its proficiency in the sections of concrete machinery, mobile crane machinery and tower crane machinery at the exhibition.

For example, the 50X-6RZ concrete machinery is safe, green, and easy to operate. It is also equipped with local chassis and has been used in many projects in the United States.

The trade fair also saw a bid for an 800-tonne crane, breaking the record for China's exports to the South American market in terms of capacity.

In addition, a detailed product and design demonstration has been featured in the tower crane section this year.

As for an emerging section of earthmoving equipment, Zoomlion displayed seven kinds of products at this exhibition, up from two at the previous exhibition, to meet the different needs of customers.

North America plays a key role in the company's strategy to go global, explained Bruce Liu, assistant general manager of Zoomlion International, adding that the company has always prioritized localization when expanding business in global markets. It has been trying to introduce quality products that can meet the needs of more local customers.

It is known that the firm entered the North American market in 2007. With 16 years of history in the local market, Zoomlion has established a subsidiary in the region and promoted its various products, including concrete machinery, tower crane, and overhead crane. on tracks in the United States.

CONEXPO-CON/AGG's massive exhibition took place from March 14 to 18, showcasing the latest advances in equipment and the latest technology applications in all fields of construction. Across more than three million square feet of exhibit space, the 2023 fair attracted more than 2,400 exhibitors from 36 countries and regions, according to the organizer.

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