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Zoomlion management to invest £¤843 million for 2.19 percent shares

CHANGSHA, Hunan – A number of directors, supervisors, and executives of Zoomlion Heavy Industry Science and Technology Co., Ltd. plan to purchase 46.3365 percent shares of Zoomlion’s shareholder, the Jiazhuo Group Co., Ltd., for ¥843 million ($136.4 million) and directly increase their Zoomlion holdings by 2.19 percent, according to China

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Zoomlion to enter heavy-duty and agricultural machinery industry

CHANGSHA, Hunan – China’s leading construction machinery manufacturer Zoomlion will accelerate its development in sanitary machinery, agricultural machinery, heavy-duty truck, and the financial industry, according to Sun Changjun, vice president of Zoomlion, at a telephone conference on July 16, reported Diyi Caijing Ribao or China Business News. According to Sun,

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Zoomlion to enter heavy-duty truck market

CHANGSHA, Hunan – China’s leading construction machinery maker Zoomlion Heavy Industry Science & Technology Development Co., Ltd. (Zoomlion) plans to manufacture heavy-duty trucks in addition to its main business, disclosed Zhan Chunxin, chairman of Zoomlion, at a recent shareholder meeting of the company, reported engineeringmachinery.net. As the largest client of

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