Zoomlion: Reaping the World’s Leading Tower Crane Technologies, Accessing the Overseas High-end Market

CHANGSHA, China, June 22, 2011 -

Zoomlion clinched a technology transfer agreement with JOST
Cranes Gmbh Pte Ltd. in Frankfurt, Germany on June 21 to purchase
the technologies concerning flat-top tower cranes from the latter,
a renowned expert at tower cranes. Zoomlion Tower Crane will
possess the state-of-art design technology of tower cranes, and
access the high-end markets in Europe and America.

JOST is a world-leading company with the most sophisticated
tower crane technology and the most experienced design team. Mr.
JOST, the company’s founder and leader, is a legend in the global
tower crane sector and one of the most influential tower crane
designers in Germany and even across the world. Therefore, this
business integration offers Zoomlion an opportunity to witness a
great-leap-forward development in the technology of tower
crane.

With its cutting-edge technologies and powerful manufacturing
capacity, Zoomlion Tower Crane has secured predominant presence at
the domestic market. On August 29, 2010, Zoomlion developed the
world’s largest tower crane - the D5200 — for China Zhongtie Major
Bridge Engineering Group, which signaled its formal access to the
world’s tower crane community and reaped much reputation at the
global market.

“We’ve tried to integrate JOST’s business because we’re
attracted by its world’s leading technologies and its positive
image in the world market. This attempt will create a significant
advantage for Zoomlion’s endeavor to explore the overseas market
and meet the market demands.” According to Huang Qun, the head of
Zoomlion’s Construction Crane Division, what JOST’s design team can
offer is not just technical materials, but a whole set of technical
training programs. Actually, they’ll spare no pains to support the
localization of tower crane technologies in Zoomlion Tower Crane.
Guided by the most advanced technologies and design philosophy,
Zoomlion Tower Crane will handle an international perspective more
accurately and interpret an international standard more comfortably
so as to gain rapid access to the world’s high-end market.

Some veteran media professionals are quoted as saying that this
technological partnership with the world’s leading tower crane
design team demonstrates the company’s great ambition to challenge
the global tower crane leaders when its domestic leadership has
been secured. Zoomlion Tower Crane, as one of the top ten companies
in the global engineering machinery industry, is working hard to
integrate the global resources from its steady international
perspective, and to promote its global strategy rapidly.

Emma Pan, +86-180-7310-1600, emmapan66 at gmail.com