Skip to main content

Zoomlion deliver first batch of ‘record’ China excavator order

Zoomlion has delivered the first 80 of its claimed Chinese record-breaking order of 200 excavator machines to Inner Mongolia Qiantai Industrial Corporation. The claimed national single order transaction record is said by Zoomlion to be worth more than US$47.38million (300million yuan). The ZE360E model excavator in the order is a crawler excavator said to be specially designed for clients in the mining and construction industries, with key features including its practical applicability and low fuel consump
June 8, 2012 Read time: 1 min
1175 Zoomlion has delivered the first 80 of its claimed Chinese record-breaking order of 200 excavator machines to Inner Mongolia Qiantai Industrial Corporation.

The claimed national single order transaction record is said by Zoomlion to be worth more than US$47.38million (300million yuan).

The ZE360E model excavator in the order is a crawler excavator said to be specially designed for clients in the mining and construction industries, with key features including its practical applicability and low fuel consumption.

According to Zoomlion’s Q1 2012 report, the company’s income has increased by more than 20% compared with the same stage of last year. The first stage of the Zoomlion Weinan Industry Park Project has begun operation. The site is expected to manufacture 15,000 excavators per year, generating annual output value of between US$947.73million and US$1.10billion (6-7 billion yuan).

For more information on companies in this article

Related Content

  • Kobelco posts financial results
    November 21, 2014
    Kobelco Construction Machinery has posted its semi-annual results for the 2014 financial year. The results give grounds for caution as well as some optimism however. In the Japanese hydraulic excavator market, a significant decline was expected initially in response to the impact of last-minute demand in the previous financial year. However, the decline was less than expected owing to strong domestic demand. As a result, the total domestic demand for heavy hydraulic excavators in the first half decreased by
  • Tough competition in concrete paving market
    February 13, 2012
    One thing is clear in the concrete slipforming sector. This comparatively niche market for equipment is rapidly becoming a good deal more competitive as key manufacturers jostle for position.
  • LiuGong has major plans for future corporate development
    December 10, 2015
    LiuGong unveiled new machines as well as its plans for the future at the BICES 2015 construction equipment show in Beijing recently. Trading conditions are tough in China at the moment, but LiuGong is performing better financially than many of its local rivals according to the firm. LiuGong’s vice-president, Dave Beatenbough said that the firm is particularly well known for its wheeled loaders, a product line for which the firm is a market leader in China. However, he explained that the company is actively
  • New machines competing in ADT market
    February 19, 2013
    All-wheel-drive trucks for the Chinese market - Mike Woof reports. One noticeable development at the bauma China exhibition in Shanghai in late 2012 was the proliferation of ADT models. Doosan and Volvo showed some of their latest ADT variants alongside their latest excavators and are keen to highlight the benefits of ADTs for use on sites where traction or grade may be an issue for rigid trucks or on/off highway haulers. However Caterpillar chose to highlight its off-highway rigid trucks at bauma China, as