According to the report, Zoomlion has maintained its position as the top holder of market shares in the hoisting machinery and concrete machinery sectors. Ranking No.1 for sales of construction hoisting machinery products and achieving the best performance in engineering hoisting machinery market in the past five years.
"The quality and steady growth of Zoomlion is the result of our continuing advancement and the company's persistence in high-quality development and innovation for digital transformation. Zoomlion has delivered the best operating performance in history with significant improvements in management, risk control and resource coordination capabilities," said Yang Duzhi, Board Secretary of Zoomlion.
Zoomlion has introduced a series of measure to control and manage the cost to achieve healthy growth. The annual gross profit in 2019 was increased by 67.14 percent to
Zoomlion's operational cash flow in 2019 was also the best in the history of the company at
"In future, Zoomlion will focus on exploring new technologies and concepts such as industrial Internet, big data, blockchain and AI. We are confident we can continue to lead
While promoting high-quality improvement, Zoomlion also fulfilled its corporate social responsibilities – procuring medical supplies in support of the control and prevention of COVID-19 in
About Zoomlion
Founded in 1992,
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SOURCE Zoomlion
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