Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, October 01 2019 - 07:50
AsiaNet
Zoomlion celebrates 27th anniversary, promoting high-quality development powered by intelligent manufacturing
CHANGSHA, China, Oct. 1, 2019 /PRNewswire-AsiaNet/ --

Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) celebrated 
its 27th anniversary on Sept. 28th with record-breaking growth and 
industry-leading performance achievements. Zoomlion's recently released 2019 
interim report showed a revenue of 22.26 billion yuan (approx. USD 3.12 
billion), marking a 51.23 percent year-on-year increase thanks to the 
implementation of intelligent manufacturing strategy. The strategy, which 
incorporates intelligent products, intelligent factories and intelligent 
services, is the main force behind the rapid growth in the past year. 

Sales revenue powered by top-selling intelligent products

Among the top-selling products, Zoomlion's intelligent 4.0 generation equipment 
products accounted for more than 80 percent of the total sales revenue, as the 
brand's product structure has been gradually shifting towards the higher 
technical threshold categories since 2014.

Zoomlion has always focused on the intelligent application of heavy machinery 
products. Their equipment now has the abilities to detect and think on its own 
and achieve self-diagnostics, self-adjustment and self-adaption. In the context 
of industrial internet, Zoomlion pioneered a strategy of 'products online, data 
in the cloud and service on the palm' with intelligence as the breakthrough in 
product development.

Zoomlion's highly accurate and efficient 56-meter 4.0 pump truck, a typical 
example of Intelligent 4.0 project, has installed 31 sensors to complete 61 
self-checking programs in the five major systems including pump and boom, as 
well as conducting fault diagnosis remotely during construction. The product 
has produced 62 patents in total, including 41 for invention, 18 for utility 
model and three for design.

Zoomlion's global offerings enriched by intelligent production and services 

Aiming to build an international intelligent production ecology, Zoomlion has 
fully launched the construction of a "Zoomlion Intelligence Town", which 
incorporates 6 national innovation platformsCa production incubation base, and 
an AI research and application centre. Zoomlion has also established an 
intelligent factory for tower crane and initiated the planning and construction 
of an Industrial Park for key hydraulic components. 

In October 2018, Zoomlion unveiled China's first intelligent assembly line 
covering all links of scissors aerial work platform production, which has an 
annual production capacity of 12,000 scissors aerial work platforms, and 
demonstrated the most cutting-edge technologies, greenest manufacturing 
techniques and strictest process management. 

Zoomlion's transformation from traditional manufacturer to high-end intelligent 
manufacturing service provider also included the establishment of ZValley 
Industrial Internet Company (ZValley), its mobile app enabled high-efficiency 
management of nearly 10,000 pieces of equipment of more than 5,000 clients, and 
95% of the real-time service requests were fulfilled within 15 minutes.

Implement a "2+2+3" strategy consistently to push further growth

Looking into the future, Zoomlion is emphasizing a "2+2+3" strategy, which is 
standing firm in the two markets of products and capital, promoting the two 
convergences of the manufacturing industry with internet, product and finance, 
strengthening the three sectors of construction machinery, agricultural 
machinery and financial services to become a global high-end equipment 
manufacturer.




Source: Zoomlion
Translations

Vietnamese