Zoomlion's Smart Factory: A Game Changer for Aerial Work Platforms in Europe

Zoomlion Heavy Industry Science & Technology Co., Ltd. (ZLIOY, Financial) has announced plans to build a state-of-the-art smart factory for manufacturing aerial work platforms in Hungary. This strategic move aligns with the company's global business strategy and expansion plans, aiming to strengthen its presence in the European market and drive revenue growth. The smart factory, developed in collaboration with CTP Group, will be located in Tatabánya, at the intersection of major highway networks, serving as a vital hub linking Eastern and Western Europe's key logistics routes.

The smart factory will incorporate advanced intelligent, digital, and environmentally sustainable production technologies, enabling the manufacturing of high-performance, premium-quality, and low-carbon aerial work platforms. Key features and technologies include:

1. Advanced Manufacturing Processes: The factory will utilize cutting-edge production processes and equipment, ensuring the production of high-quality aerial work platforms that cater to diverse construction needs.
2. Intelligent and Digital Technologies: The integration of intelligent and digital technologies in the production process will enhance efficiency, precision, and flexibility, leading to improved product quality and reduced production costs.
3. Environmentally Sustainable Production: The factory's focus on low-carbon emissions and minimal resource consumption will ensure that the aerial work platforms produced are eco-friendly, aligning with the growing demand for green construction solutions.
4. Strategic Location: The factory's location in Tatabánya will facilitate efficient logistics and supply chain management, enabling the factory to serve both local and European markets effectively, reducing delivery times and enhancing customer satisfaction.
5. Job Creation and Local Collaboration: The project is expected to create 800 local job opportunities, fostering economic growth and employment in the region. Additionally, it will strengthen collaboration with local supply chain partners, enhancing synergy with local businesses, and actively cultivating a localized industrial ecosystem.

The establishment of this smart factory is part of Zoomlion's "global village" mindset and localized operational approach. The company has already established 10 overseas R&D and manufacturing bases, with products sold in over 150 countries and regions. More than 50% of Zoomlion's revenue now comes from markets outside China, demonstrating the company's commitment to global expansion.

In conclusion, Zoomlion's smart factory in Hungary is a strategic move that aligns with the company's global business strategy and expansion plans. The factory's advanced technologies, strategic location, and commitment to sustainability will enable the production of high-performance, premium-quality, and low-carbon aerial work platforms, catering to the diverse needs of the European market while fostering economic growth and sustainability in the region. As Zoomlion continues to invest in global expansion and innovation, investors should keep a close eye on the company's progress in the European market.