HK Stock Movement | Zoomlion (01157) Rises Nearly 3% as Large-tonnage Cranes Delivered in Bulk to Simandou Mine; Overseas Revenue Sees Growth in Both Scale and Quality

Stock News11-26

Zoomlion (01157) rose nearly 3%, with a gain of 2.54% at the time of writing, trading at HK$7.28 and a turnover of HK$31.51 million. According to reports, Zoomlion recently completed a significant batch delivery of large-tonnage engineering cranes to the Simandou mining area, which were immediately deployed for core infrastructure construction. The delivered products include crawler cranes such as the ZCC7200 and ZCC3200V-1, as well as wheeled cranes like the ZRT600, ZRT700, ZTC850V, and ZTC250V.

The Simandou iron ore mine, located in the Kérouané Prefecture of southeastern Guinea in West Africa, is one of the world's largest undeveloped high-grade iron ore deposits. Huaxin Securities noted that in the first three quarters of 2025, Zoomlion's overseas revenue reached RMB 21.31 billion, accounting for 57.36% of total revenue—an increase of 6.05 percentage points year-on-year—with gross margins surpassing domestic operations, reflecting ongoing regional optimization.

Driven by sustained infrastructure and mining development demand in Southeast Asia, the Middle East, and Africa, along with the company's multi-year investments, regions such as Africa and Latin America are expected to become key growth drivers for Zoomlion's overseas business. Additionally, recovering infrastructure investments in Europe present substantial market opportunities, supported by the company's localized operations in the region.

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