Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK) 
has officially launched operations of its new factory in Europe situated in the 
northern Italian town of Mantova. Now fully operational, the factory will 
further advance and improve Zoomlion's localized production in the European 
market, including tower cranes, automobiles, work platforms and forklifts, as 
well as providing a full range of services to local customers.

With an area of 20,000 square meters, the factory is laid out in accordance 
with the lean manufacturing principle and meets the highest safety and 
environmental construction standards in Europe.

"The new factory is equipped with an automatic gas emission monitoring system 
to prevent the pollution of the environment, we've installed solar panels on 
the roofs to provide electricity for production and LED lighting across the 
entire factory," introduced responsible personnel from Zoomlion.

A major milestone of Zoomlion's profound development strategy in the Italian 
market, Zoomlion will elevate the company's overall competitive strength 
through localized manufacturing of its products, which has the advantages of 
meeting the needs and preferences of the target market in terms of production 
performance, technological innovation and design. Localized manufacturing will 
also further enhance the company's global operating capabilities.

"As the comprehensive manufacturing base of Zoomlion products in Europe, the 
new factory will establish a complete system of R&D, manufacturing, sales and 
supply chain, by integrating Zoomlion's technologies, we'll achieve complete 
localization of product design, manufacturing and parts procurement to build 
high-quality 'European versions' of Zoomlion products," said Davide Cipolla, 
General Manager of CIFA in Italy.

Localization is a key link in Zoomlion's international development strategy 
that brought continuous success. Zoomlion has upgraded CIFA to a comprehensive 
manufacturing base where the ATC960 and ATC1000 all-terrain cranes were 
designed and manufactured. More than 70 percent of the products Zoomlion 
exhibited at Bauma 2019 were manufactured in local factories in Europe.

As the economy recovers and new factory runs, Zoomlion is looking to take lead 
in the European market with its strong R&D capabilities, high-performance 
products and elite services.

About Zoomlion

Founded in 1992, Zoomlion Heavy Industry Science & Technology Co., Ltd. 
(01157.HK) is a high-end equipment manufacturing enterprise that integrates 
engineering machinery, agricultural machinery, and financial services.

Source: Zoomlion