On February 12, 2011, on the first day of work on the New Year’s day, Zoomlion welcomed “a good start†to Zoomlion’s headquarters in the Science Park, including a series of projects of Zoomlion including concrete machinery and engineering cranes. A total of 286 machines were sent to customers in all directions and delivered to customers around the world. A total of more than 790 million yuan in sales revenue was achieved. The successful completion of the Hong Kong H-share listing was completed at the end of 2010. In 2011, Zoomlion began a new journey with a higher attitude!
The country’s prosperity and stability in 2010 and the improvement of its international influence have laid a solid foundation for the growth of the company and its global orientation. Zoomlion seized market opportunities and achieved new historical breakthroughs in operating results. The market share of leading products steadily increased. According to the pre-increasing performance announcement, Zoomlion’s sales revenue in 2010 had a larger increase compared to the same period in 2009, with net profit of approximately RMB4.3 billion to RMB4.5 billion, and net profit growth of approximately 75.7% to 83.9% year-on-year. The approximately 745 million non-public issuance restricted shares to be lifted in the near future will earn over 80% profit. Nevertheless, the majority of investors including such shareholders still prefer the broad prospects of the construction machinery industry and the long-term prospects of Zoomlion. Stable growth performance continues to maintain firm confidence in the company's investment.
Zoomlion continued to maintain its leading position in technology research and development in 2010. The successful development of the world's largest horizontal upper boom self-elevating tower crane D5200 and Super130 super paver, and the launch of a new concrete pump truck with a powerful hybrid power excavating machine and a carbon fiber boom jointly developed by Zhejiang University at Shanghai BMW Exhibition All of these reflect the scientific spirit of Zoomlion's inheritance and continuous innovation from generation to generation, not only representing its own scientific research strength, but also representing the leading level of China's construction machinery industry. In the new year, Zoomlion will continue to enhance its technical R&D capabilities, accelerate industrial upgrading and enhance its core component manufacturing capabilities. The company will strengthen its research on common industry fundamentals and product key technologies, and set up more research bases overseas to better understand the local market, master advanced technologies, use first-rate R&D facilities, introduce world-class talents, and seek out Overseas companies, top universities or independent research institutes cooperate to introduce advanced technologies for Chinese manufacturing bases.
The successful listing of Hong Kong H-shares in the international capital market signals that Zoomlion is standing at a brand-new starting point and has entered a period of rapid development. In the new year, Zoomlion will connect global capital more extensively, comprehensively improve the ability to integrate resources, align its limited resources with global resources, and realize rapid amplification of its own strength. Looking into the future, a brand new Zoomlion and a more internationalized Zoomlion, a more creative Zoomlion will contribute more to the world's progress in science and technology and contribute more to global sustainable development. In 2011, Zoomlion will advance to a higher goal and advance into a world-class construction machinery company. With the growth of the great motherland, a new era of China's construction machinery will surely come.
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